1609 California Ave Monrovia, CA 91016-4621
This well-maintained commercial property in Monrovia, CA, is being offered for sale under a Partition Referee action, subject to court approval. The 870-square-foot building boasts a prime location on California Avenue, providing excellent visibility and convenient access to the 210 freeway. Ideal for a small business requiring both office and storage space, the property features a main office area and a rear warehouse with a roll-up door, allowing for easy loading and unloading. Alley access and a rolling gate at the rear enhance functionality and security. Off-street parking is available at the front of the building. The property sits on a 0.1-acre lot. Please note that the legality of a rear addition to the structure is currently undetermined. This presents a unique opportunity to acquire a versatile commercial space in a desirable location. Serious inquiries only. All offers are subject to court approval. The sale price is $565,000.
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Century Rooter Service And Plumbing Plumbing Service General Contractor
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
MOM* · Monrovia, CAMonrovia. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.