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Property profile

1601 Raymond Ave Monrovia, CA 91016

OFF-MARKET
Manufacturing properties
Property ID
US09-8473766
4,750 SF 0.18 ac lot Built 1960
Last sale Jul 2024 · $1,400,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A corner industrial building totaling approximately 4,750 square feet, constructed with clear-span interior space and a ceiling height of about 14 feet. The site is positioned less than a quarter mile from the 210 Freeway with convenient access to the 605 Freeway and is within a short block of the Monrovia Metro Station. The building is configured to be feasibly divisible into two units, each served by an ample electrical power supply. Outdoor features include a gated rear parking area and a…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$3k
Tax billed · 2024
Assessed value$112k
Assessed land$26k
Assessed improvement$87k
Effective rate2.32%

Value estimate

· Nov 2026
$1.40M
$1.26M – $1.54M
AI approach$1.40M
CAP approach$855k
Submarket $/SF estimate$1.16M

Realmo valuation models over county records and 14 qualifying comparable sales.

Recently sold

What actually traded nearby?
$300/SF
ZIP average, outlier-cleaned · 33 recorded sales of this use type
Observed band · Q1–Q3$243 – $435
Qualifying comparables14

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: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office39.3
Realty agency35.5
Law Firm32.7

Location

1601 Raymond Ave Monrovia, CA 91016-4644
County assessor Recorded deeds · 4 transfers 14 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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
528 Fig, Monrovia, CA 91016-4225 $1,575,000 Jan 2025 4,900 SF
230 Pomona, Monrovia, CA 91016-4640 $850,000 Jun 2024 3,492 SF
132 Lemon, Monrovia, CA 91016-2808 $1,700,017 Jul 2023 6,100 SF
901 Magnolia, Monrovia, CA 91016-3325 $800,000 Jul 2023 4,148 SF
136 Walnut, Monrovia, CA 91016-3444 $1,900,019 Jan 2023 4,000 SF
119 Walnut, Monrovia, CA 91016-3443 $2,100,021 Nov 2022 4,201 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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