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Financial
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Property profile

248 Chestnut Ave Monrovia, CA 91016

OFF-MARKET
Warehouses
Property ID
US09-9783782
1,910 SF 0.76 ac lot Built 2023
Last sale Feb 2023 · $888,000
Trust Owned Owner of record is a trust. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 1,912 square foot industrial condominium, situated on a 0.76-acre lot at 248 Chestnut Avenue in Monrovia, CA, presents a compelling investment opportunity. Completed in 2022 as part of a new development, this property boasts a robust concrete tilt-wall construction, offering durable and modern warehouse space. High ceilings, reaching up to 20.5 feet, provide ample vertical storage and operational flexibility. The unit is ideally suited for a variety of commercial uses,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$12k
Tax billed · 2024
Assessed value$906k
Assessed land$270k
Assessed improvement$635k
Effective rate1.35%

Value estimate

· Oct 2026
$1.02M
$918k – $1.12M
AI approach$970k
Submarket $/SF estimate$900k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$294/SF
County average, outlier-cleaned · 1878 recorded sales of this use type
Observed band · Q1–Q3$171 – $471
Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
MOM*
JurisdictionLOS ANGELES

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility11.2
Storage Facility10.3
Tailor Shop9.8

Location

248 Chestnut Ave Monrovia, CA 91016-3374
County assessor Recorded deeds · 2 transfers 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
239 Chestnut, Monrovia, CA 91016-3315 $750,000 Sep 2025 1,620 SF
120 Pomona, Monrovia, CA 91016-4557 $725,000 Jul 2024 1,655 SF
411 Chestnut, Monrovia, CA 91016-3207 $1,200,000 Jul 2024 3,000 SF
230 Pomona, Monrovia, CA 91016-4640 $850,000 Jun 2024 3,492 SF
256 Chestnut, Monrovia, CA 91016-3374 $815,000 Mar 2024 1,610 SF
246 Chestnut, Monrovia, CA 91016-3374 $888,008 Feb 2023 1,910 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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