Technical
Financial
Distress signals
Property profile

1601 California Ave Monrovia, CA 91016

OFF-MARKET
Manufacturing properties
Property ID
US09-9235509
2,124 SF 0.2 ac lot Built 1954
Individually Owned 24-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

The property is located on a corner lot and is configured for commercial use with significant street exposure and ample off-street parking. It has an existing building layout that includes a kitchenette and two bathrooms, along with front and rear exterior entrances. Utilities and finishes include a gas water heater and copper piping. A separate additional 600-square-foot garage on the property provides extra storage and may support additional use. The roof underwent replacement during 2022–2023. Transit accessibility is reflected by a transit score of 52, with a bike score of 22 and a walk score of 12 indicating greater reliance on vehicles for daily access. Historically, the site operated as a lawnmower repair shop, and the improvements may accommodate a range of related or light commercial uses depending on local zoning and permitting.

Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1954
Construction WOOD
Total area 2,124 SF
Lot 0.2 ac (8,789 SF)
Zoning code MOM*
APN 8513-010-076
UPID US09-9235509

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1601 California Ave Monrovia, CA 91016
Monrovia metro Census 431100 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

since 2002
1 recorded transaction
2002
Price N/A

Zoning & alternative use

MOM* · Monrovia, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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