Flex Space with Loading
For Sale
Contact for pricing
904 S Alta Vista Ave, Monrovia, CA 91016
100% air-conditioned office/R&D flex with 16' ceilings, two 10'x12' loading doors, and substantial electrical capacity.
Property Size5,850 SF
Price / SF$495.73
Days on Market842
Property Features for 904 S Alta Vista Ave
General Information
Standard status
Active
Size
5,850 SF
Property subtype
INDUSTRIAL
Warehouse & Industrial
Clear Height
16 ft
Heavy Power
Yes
Amenities
4 Tesla Charging Stations
Listing Agency:
MacVaugh & Co
(626) 255-2308
Listed By:
Hoss MacVaugh · License #00971669
(626) 255-2308
Source:
Moodyscre
Added: Apr 12, 2024
Changed: Jul 26
Last Checked: Jul 31 at 11:59AM
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 MacVaugh & Co
Investment Insights
Based on property information with market context.
This flex space offers 5,850 SF of 100% air-conditioned office/R&D area with a functional mix of approximately 50% open space and 50% office buildout. The facility features 16' ceilings and two loading doors sized 10'x12' each, supporting a range of light industrial and operational needs. Electrical service includes 3,000 amps at 240 volt, 3 phase, along with four Tesla charging stations.
The property is located at 904 S Alta Vista Ave in Monrovia, CA. The existing configuration is described as well-suited for crypto mining/data storage and CNC machining, subject to tenant fit and operating requirements.
The property is located at 904 S Alta Vista Ave in Monrovia, CA. The existing configuration is described as well-suited for crypto mining/data storage and CNC machining, subject to tenant fit and operating requirements.
Key Highlights
- 5,850 SF 100% air‑conditioned office/R&D flex space
- 16' ceilings with 150% office buildout and 50% open space
- Two 10' x 12' loading doors for deliveries and operations
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 | $224.6k | $38.40 |
| − Vacancy | −$54.1k | −$9.25 |
| EGI | $170.5k | $29.15 |
| − OpEx | −$42.6k | −$7.29 |
| NOI | $127.9k | $21.86 |
5,850 SF · lease $38.40/SF/yr · vacancy 24.10% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.83M
$1.60M – $2.13M
NOI $127,876 @ 7.0% cap · market cap 4.41%
Second Best
Industrial
$976.6K
$854.6K – $1.14M
NOI $68,364 @ 7.0% cap · market cap 2.36%
Theoretical Best
Office A
$3.13M
$2.74M – $3.65M
NOI $219,245 @ 7.0% cap · market cap 7.56%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
16 ft
Clear height
Yes
Heavy power
Location Intelligence
Trade Area within ½ mile
1,680
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 Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Birrieria guanatos LA PATRONA — 140 W Foothill Blvd, Monrovia, CA 91016
- SAY HUYEN CATERING — 710 S Myrtle Ave, Monrovia, CA 91016
- Chef Ross Catering — 115 Los Angeles Ave A, Monrovia, CA 91016
Frequently Asked Questions
What type of property is this?
Flex space - 100% air-conditioned office/R&D flex with 16' ceilings, two 10'x12' loading doors, and substantial electrical capacity.
Where is this flex space located?
The property is located at 904 S Alta Vista Ave Monrovia, CA.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: 5,850 SF 100% air‑conditioned office/R&D flex space; 16' ceilings with 150% office buildout and 50% open space; Two 10' x 12' loading doors for deliveries and operations
