2609 Honolulu Avenue Montrose, CA 91020
Two-story office building with private offices, open work areas, and support rooms, maintained and ready for occupancy.
Property Features for 2609 Honolulu Avenue
General Information
- Standard status
- Active
- Size
- 6,082 SF
- Property subtype
- Office
Building Details
- Year Built
- 1980
Listing office Lee & Associates - Pasadena (562) 568-2034
Listing date Jul 13, 2026
Source Crexi
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Investment Insights
Based on property information with market context.
Ongoing investment has been made in the roof, mechanical systems, and the parking lot, supporting a turn-key condition. The building is positioned in Montrose for an owner-occupant or office-focused user looking for ready-to-operate space.
Key Highlights
- Two‑story professional office building built in 1980
- Approximately 6,082 SF of adaptable office space
- Floorplan includes private offices, open work areas, and support rooms
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $233.5k | $38.40 |
| − Vacancy | −$56.3k | −$9.25 |
| EGI | $177.3k | $29.15 |
| − OpEx | −$44.3k | −$7.29 |
| NOI | $132.9k | $21.86 |
