Freestanding Industrial
For Sale
$3,540,000
657 Monterey Pass Road, Monterey Park, CA 91754
Ground-level loading and heavy power support a range of industrial operations.
Property Size10,000 SF
Price / SF$354
Days on Market14
Property Features for 657 Monterey Pass Road
General Information
Standard status
Active
Size
10,000 SF
Property subtype
Industrial
Warehouse & Industrial
Drive-In Doors
2
Heavy Power
Yes
Building Details
Buildings
1
Listing Agency:
CBRE - El Segundo
Listed By:
John Stephens · License #02159924
(213) 613-3418
Source:
Cbre
Added: Sep 24
Changed: Oct 6
Last Checked: Oct 5 at 8:25PM
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 CBRE - El Segundo
Investment Insights
Based on property information with market context.
This freestanding industrial property offers 10,000 square feet of building area, two ground-level doors and heavy power. An additional 6,000 square feet of usable land area provides space beyond the building footprint.
Located at 657 Monterey Pass Road in Monterey Park, the property is configured with direct ground-level access and substantial electrical service.
Located at 657 Monterey Pass Road in Monterey Park, the property is configured with direct ground-level access and substantial electrical service.
Key Highlights
- 10,000‑square‑foot freestanding industrial building
- 6,000 SF of usable land area beyond the building
- Two ground‑level doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$116,861
Cap Rate
3.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,337,220
$2.3M
Cap Rate 7%
$1,669,443
$1.7M
Cap Rate 9%
$1,298,456
$1.3M
Market Conditions
NOI Build-Up for 10,000 SF
Gross rent
$177.6K $17.76/SF
− Vacancy
−$10.7K −$1.07/SF
EGI
$166.9K $16.69/SF
− OpEx
−$50.1K −$5.01/SF
NOI
$116.9K $11.69/SF
Area
Los Angeles County, CA
Vacancy
6.00%
Lease Rate
$17.76 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,337,220
Cap Rate 7%
$1,669,443
Cap Rate 9%
$1,298,456
Alternative Uses
Best Use
Industrial
$1.67M
$1.46M – $1.95M
NOI $116,861 @ 7.0% cap · market cap 3.30%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.35M
$4.68M – $6.25M
NOI $374,777 @ 7.0% cap · market cap 10.59%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Drive-in doors
Yes
Heavy power
Location Intelligence
Trade Area within ½ mile
575
Businesses Nearby
Explore this area
Business Placement
Demographics for 91754, CA
33,300
Population
12,754
Households
2.6
Avg Household Size
44
Median Age
38%
College-Educated
82%
High-School Grad
4.5 sq mi
ZIP Area
7,400
Density / Sq Mi
$81,890
Median Household Income
$46,992
Median Earnings
$1,884
Median Rent
$845,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
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Frequently Asked Questions
What type of property is this?
Industrial property - Ground-level loading and heavy power support a range of industrial operations.
Where is this industrial property located?
The property is located at 657 Monterey Pass Road Monterey Park, CA.
What is the asking price?
The asking price for this property is $3,540,000.
What are key features of this property?
This property features: 10,000‑square‑foot freestanding industrial building; 6,000 SF of usable land area beyond the building; Two ground‑level doors
