Industrial Warehouse with Fenced
For Sale
$3,000,000
260 Taylor Street, Monrovia, CA 91016
Industrial building plus a fenced yard, featuring a ground-level roll-up door and street parking with 16 stalls.
Property Size8,538 SF
Lot Size0.34 Acres
Price / SF$351.37
Days on Market90
Property Features for 260 Taylor Street
General Information
Standard status
Active
Size
8,538 SF
Total Parking Spaces
16
Lot size
0.34 Acres
Property subtype
Industrial
Site & Location
Highway Access
Yes
Fenced Yard
Yes
Additional Details
Drive-In Doors
1
Building Details
Building Size
8,538 SF
Year Built
1961
Listing Agency:
(949) 468-2314
Listed By:
Douglas Wubbena · License #CalDRE #00878323
Source:
Naiglobal
Added: May 14
Changed: Aug 8
Last Checked: May 26 at 10:07AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Douglas Wubbena
Investment Insights
Based on property information with market context.
This offering includes an industrial warehouse and an adjacent land parcel. The warehouse is described as approximately 8,538 square feet and is leased to a long-term tenant. The building features a ground-level roll-up door, and the site includes a fenced yard with street parking.
The property is located with convenient access to Interstate 210 (I-210) and the broader Los Angeles metro area, in an established in-fill submarket. The site is described as having 16 parking stalls, and power is noted as approximately 400 AMPS (please verify). The property is identified by APN 8513-001-057 (as provided).
Please note that several figures are marked “please verify,” including building size, land parcel size, parking count, and electrical service.
The property is located with convenient access to Interstate 210 (I-210) and the broader Los Angeles metro area, in an established in-fill submarket. The site is described as having 16 parking stalls, and power is noted as approximately 400 AMPS (please verify). The property is identified by APN 8513-001-057 (as provided).
Please note that several figures are marked “please verify,” including building size, land parcel size, parking count, and electrical service.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$111,096
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.70%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,221,920
$2.2M
Cap Rate 7%
$1,587,086
$1.6M
Cap Rate 9%
$1,234,400
$1.2M
Market Conditions
NOI Build-Up for 8,538 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$137.3K $16.08/SF
− Vacancy
−$6.6K −$0.77/SF
EGI
$130.7K $15.31/SF
− OpEx
−$19.6K −$2.30/SF
NOI
$111.1K $13.01/SF
Area
Los Angeles County, CA
Vacancy
4.80%
Lease Rate
$16.08 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,221,920
Cap Rate 7%
$1,587,086
Cap Rate 9%
$1,234,400
Alternative Uses
Best Use
Warehouse
$1.59M
$1.39M – $1.85M
NOI $111,096 @ 7.0% cap · market cap 3.70%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.57M
$4.00M – $5.33M
NOI $319,985 @ 7.0% cap · market cap 10.67%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Drive-in doors
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
558
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 91016, CA
41,852
Population
16,171
Households
2.6
Avg Household Size
41
Median Age
44%
College-Educated
90%
High-School Grad
8.5 sq mi
ZIP Area
4,924
Density / Sq Mi
$99,555
Median Household Income
$51,120
Median Earnings
$2,008
Median Rent
$874,100
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Public Storage — 2105 S Myrtle Ave, Monrovia, CA 91016
- Storage Depot — 490 E Duarte Rd, Monrovia, CA 91016
- Monrovia Movers — 1219 s alta vista ave #231, monrovia, ca 91016
Frequently Asked Questions
What type of property is this?
Warehouse - Industrial building plus a fenced yard, featuring a ground-level roll-up door and street parking with 16 stalls.
Where is this warehouse located?
The property is located at 260 Taylor Street Monrovia, CA.
What is the asking price?
The asking price for this property is $3,000,000.
