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Property profile & analytics
OFF-MARKET Estimated value $970,000
Manufacturing properties

138 Pomona Ave Monrovia, CA 91016-4656

4,100 SF 0.14 ac lot Built 1946
Individually Owned 2-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-9391242
Property summary
AI-generated overview

This exceptional 4,100 square foot industrial warehouse, situated on a 0.14-acre lot (6,240 square feet), presents a remarkable investment opportunity in Monrovia, CA. Located at 138 Pomona Avenue, this property boasts convenient access to major transportation arteries. Its strategic position, just one block south of the 210 freeway near the Myrtle Avenue off-ramp, ensures seamless commutes and efficient logistics. Furthermore, its proximity to the Gold Line station (two blocks away) offers employees and clients convenient public transportation options. The M1 zoning allows for a variety of industrial uses, making it suitable for a wide range of businesses seeking to expand or relocate. The free-standing building provides ample space for operations, complemented by a functional office area. Priced at $1,495,000, this property represents a compelling opportunity to acquire a well-located, versatile industrial space in a thriving market. The generous size and prime location make this an ideal choice for businesses seeking efficient operations and convenient access to transportation networks. Don't miss this chance to secure this exceptional industrial property.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1946
Total area 4,100 SF
Lot 0.14 ac (6,290 SF)
Zoning code MOM*
APN 8513-010-057
UPID US09-9391242
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Wenteq Microwave Corp Home Appliance Store Hardware & Home Improvement
  • Dieco Stamping Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$970k
CAP Approach CAP
$735k
Comparable Approach Comparable
$998k
Blend (final) Blend
$970k
Owner & transaction history
Luis Alberto Rosas Pedraza · 2 yrs held
Luis Alberto Rosas Pedraza
since 2024
Last sale
$970,000
5 recorded transactions
2024
$970,000
2024
Price N/A
1990
$140,000
1989
$90,000
1989
$90,818
Zoning & alternative use
MOM* · Monrovia, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $1.6M +27.8%
Commercial (general) $1.3M +3.0%
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