Property profile

185 Chestnut Ave Monrovia, CA 91016

OFF-MARKET
Office buildings
Property ID
US09-9166076
16,230 SF 0.88 ac lot Built 1985
Entity Owned 9-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1985
Construction TILT-UP CONCRETE
Total area 16,230 SF
Lot 0.88 ac (38,188 SF)
Zoning code MOM*
APN 8508-006-056
UPID US09-9166076

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Financial Advisor
  • Insurance Agency
  • Insurance Agency
  • Insurance Agency
  • Real Estate Agency

Location

185 Chestnut Ave Monrovia, CA 91016-3429
Monrovia metro Census 431100 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$5.82M
Comparable Approach Comparable
by Request
Blend (final) Blend
$5.39M

Owner & transaction history

since 2016
7 recorded transactions
2016
Price N/A
2016
$6.1M
2015
Price N/A
2004
Price N/A
2002
Price N/A
2001
Price N/A
1999
Price N/A

Zoning & alternative use

MOM* · Monrovia, CA
Top alternative use upside
Auto repair, garage $7.5M +3.1%
Medical building $7.4M +1.4%

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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