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Monrovia Industrial Condo with Amenities
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417-429 E Huntington Dr, Monrovia, CA

Industrial condo featuring modern finishes, heavy power, and fitness center.

Property Size13,361 SF
Lot Size1.29 Acres
Price / SF$336.05
Days on Market433

Property Features for 417-429 E Huntington Dr

General Information

Standard status Active
Size 13,361 SF
Lot size 1.29 Acres
Property subtype INDUSTRIAL
Listing Agency: Colliers
Listed By: Shadd Walker · License #01253297
Source: Moodyscre
Added: Aug 20, 2025 Changed: Oct 25 Last Checked: Oct 24 at 6:49PM

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 Colliers

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Investment Insights

Based on property information with market context.

This industrial condo offers 13,361 square feet of flex space, suitable for warehouse and industrial purposes. It features modern office finishes completed in 2021. The property is equipped with 1,000 Amps of 480V 3 Phase 4W heavy power. A fully permitted mezzanine is included. Additional amenities include a private fitness center. The property benefits from a large surface parking lot with ample parking spaces.

Key Highlights

  • 1,000 Amps/480V 3 Phase 4W Heavy Power
  • Large Surface Parking Lot w/ Ample Parking
  • Fully Permitted Mezzanine

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$173,852
Cap Rate
3.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,477,040 $3.5M
Cap Rate 7%
$2,483,600 $2.5M
Cap Rate 9%
$1,931,689 $1.9M
Market Conditions
NOI Build-Up for 13,361 SF
Gross rent
$214.8K $16.08/SF
− Vacancy
−$10.3K −$0.77/SF
EGI
$204.5K $15.31/SF
− OpEx
−$30.7K −$2.30/SF
NOI
$173.9K $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 Rate 5%
$3,477,040
Cap Rate 7%
$2,483,600
Cap Rate 9%
$1,931,689

Alternative Uses

Best Use
Warehouse
$2.48M
$2.17M – $2.90M (±1% cap)
NOI $173,852 @ 7.0% cap · market cap 3.87%
Second Best
Industrial
$2.23M
$1.95M – $2.60M (±1% cap)
NOI $156,138 @ 7.0% cap · market cap 3.48%
Theoretical Best
Office A
$7.15M
$6.26M – $8.35M (±1% cap)
NOI $500,740 @ 7.0% cap · market cap 11.15%
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

Flex space

Location Intelligence

Trade Area within ½ mile

2,257
Businesses Nearby
Balanced
Demand for This Use
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025

Similar Off Market Nearby

  • Papa J's Lechon — 1846 California Ave, Monrovia, CA 91016
  • Chef Ross Catering — 115 Los Angeles Ave A, Monrovia, CA 91016
  • Birrieriaguanatos — 733 E Huntington Dr, Monrovia, CA 91016
  • La patrona Birrieriaguanatos — 733 e huntington dr, monrovia, ca 91016
  • Birrieriaguanatos — E Cypress AV, Huntington Dr, Monrovia, CA 91016

Frequently Asked Questions

What type of property is this?
Flex space - Industrial condo featuring modern finishes, heavy power, and fitness center.
Where is this flex space located?
The property is located at 417-429 E Huntington Dr Monrovia, CA.
What is the asking price?
The asking price for this property is $4,490,000.
What are key features of this property?
This property features: 1,000 Amps/480V 3 Phase 4W Heavy Power; Large Surface Parking Lot w/ Ample Parking; Fully Permitted Mezzanine
(626) 488-9081 Call to check price and availability
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