Meeting Hall and Adult Daycare
For Sale
Contact for pricing
2657 Honolulu Ave, Montrose, CA 91020
Split-level facility includes a city-approved meeting hall with bar and kitchen plus a lower-level adult daycare area with offices.
Property Size5,208 SF
Price / SF$412.83
Days on Market197
Property Features for 2657 Honolulu Ave
General Information
Standard status
Active
Size
5,208 SF
Property subtype
RETAIL
Amenities
meeting hall
built-in bar
lounge
tables and chairs
reception area
pool table
full kitchen
private office
storage areas
restrooms
Listing Agency:
Locker Realty Corp.
(818) 956-8800
Listed By:
Paul P. Locker · License #00643224
Source:
Moodyscre
Added: Apr 1
Changed: Oct 12
Last Checked: Oct 12 at 10:44PM
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 Locker Realty Corp.
Investment Insights
Based on property information with market context.
This split-level property combines a main level city-approved meeting hall with a built-in bar and lounge seating, a reception/greeting area, and a large open event space. The layout also includes a full kitchen, a private office, multiple storage areas, a pool table area, and two restrooms.
The lower level is currently configured for adult daycare, featuring a large open area, a private office, and two restrooms.
With dedicated spaces for gatherings, service, and day-to-day operations, the property is designed to support multiple uses within a single building.
The lower level is currently configured for adult daycare, featuring a large open area, a private office, and two restrooms.
With dedicated spaces for gatherings, service, and day-to-day operations, the property is designed to support multiple uses within a single building.
Key Highlights
- City‑approved meeting hall on the main level with a large open area, reception/greeting area, and lounge seating with tables and chairs
- Main level includes a built‑in bar, pool table, full kitchen, private office, storage areas, and 2 restrooms
- Lower level totals 1,800 SF and is currently used for adult daycare with a large open area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$123,455
Cap Rate
5.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,469,100
$2.5M
Cap Rate 7%
$1,763,643
$1.8M
Cap Rate 9%
$1,371,722
$1.4M
Market Conditions
NOI Build-Up for 5,208 SF
Gross rent
$176.2K $33.84/SF
− Vacancy
−$11.6K −$2.23/SF
EGI
$164.6K $31.61/SF
− OpEx
−$41.2K −$7.90/SF
NOI
$123.5K $23.70/SF
Area
Los Angeles County, CA
Vacancy
6.60%
Lease Rate
$33.84 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,469,100
Cap Rate 7%
$1,763,643
Cap Rate 9%
$1,371,722
Alternative Uses
Best Use
Specialty Retail
$1.76M
$1.54M – $2.06M
NOI $123,455 @ 7.0% cap · market cap 5.74%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.79M
$2.44M – $3.25M
NOI $195,184 @ 7.0% cap · market cap 9.08%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,415
Businesses Nearby
60k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 70%
Shops & Services 30%
Trader Joe's
Groceries
41,969 visits/mo
0.4 miles
7-Eleven
Shops & Services
8,781 visits/mo
0.4 miles
Wells Fargo
Shops & Services
8,315 visits/mo
0.4 miles
Caliber Collision
Shops & Services
558 visits/mo
0.2 miles
Demographics for 91020, CA
8,439
Population
3,501
Households
2.4
Avg Household Size
42
Median Age
51%
College-Educated
91%
High-School Grad
0.7 sq mi
ZIP Area
12,056
Density / Sq Mi
$60,899
Median Household Income
$59,838
Median Earnings
$2,258
Median Rent
$880,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
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- Montrose Christian Montessori — 2545 Honolulu Ave, Montrose, CA 91020
Frequently Asked Questions
What type of property is this?
Day care center - Split-level facility includes a city-approved meeting hall with bar and kitchen plus a lower-level adult daycare area with offices.
Where is this day care center located?
The property is located at 2657 Honolulu Ave Montrose, CA.
What is the asking price?
The asking price for this property is $2,150,000.
What are key features of this property?
This property features: City‑approved meeting hall on the main level with a large open area, reception/greeting area, and lounge seating with tables and chairs; Main level includes a built‑in bar, pool table, full kitchen, private office, storage areas, and 2 restrooms; Lower level totals 1,800 SF and is currently used for adult daycare with a large open area
