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Property profile & analytics
FOR LEASE
Manufacturing properties
2600 S California Ave Monrovia, CA 91016
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-9348291
For Lease
1 / 3
$3,435,000
2600 S California Ave, Monrovia, CA 91016
View Listing →
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1984
Construction
TILT-UP CONCRETE
Total area
23,866 SF
Lot
1.64 ac (71,460 SF)
Zoning code
MOM-P/QP*
APN
8534-017-008
UPID
US09-9348291
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
-
The Sauce Creative Services Marketing & Advertising Advertising Agency
-
olguin upholstery Furniture & Home Goods
-
Snow Masters Industrial Manufacturer Production Facility
-
Wallace & Wallace Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.34M
CAP Approach
CAP
$4.29M
Comparable Approach
Comparable
$2.24M
Blend (final)
Blend
$3.44M
Owner & transaction history
Tf & Tb LP · 4 yrs held
Tf & Tb LP
since 2021
Last sale
$3.5M
4 recorded transactions
Zoning & alternative use
MOM-P/QP* · Monrovia, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Monrovia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Monrovia submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$3,400,000
ML approach
$3,340,000
CAP Approach
CAP Return
Estimation
6%
$4,650,000
6.5%
$4,290,000
7%
$3,985,000
Blend value · Realmo final
$3.44M
Range $3.09M – $3.78M · ±10% · vs last sale $3.50M (Dec 3 2021)
Last sale anchor
$3.50M
Dec 3 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$144 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$57,110
Tax year 2024
Assessed value
$3,686,015
Assessed 2024
Previous assessed
$3,686,015
+0.0% YoY
Effective rate
1.55%
On assessed value
Assessed land
$1,590,000
Assessed improvement
$2,096,015
Applied tax rate
3.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
For Lease
Year built
1984
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
3
Stories
1
Units
3
Total area
23,866 SF
Lot
1.64 ac (71,460 SF)
Zoning code
MOM-P/QP*
APN
8534-017-008
UPID
US09-9348291
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
MOM-P/QP* · Monrovia, CA
Zoning MOM-P/QP* · permitted uses
MOM-P/QP* · Monrovia, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Monrovia. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1984
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
3
Units
3
Lot
1.64 ac
Current owner
From public records · entity-resolved
Tf & Tb LP
Entity
Free & Clear · 4 yrs held
Mailing address
212 W FOOTHILL BLVD, MONROVIA, CA 91016-2147
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 3, 2021
—
Tf & Tb LP
Dootson Property Management LP
Intrafamily Transfer
related
—
Oct 9, 2019
$3,500,000
Tf & Tb LP
Dootson Property Management LP
Correction Deed
related
—
Jan 20, 2017
$3,500,000
Tf & Tb LP
Dootson Property Management LP
Grant Deed
related
—
Jun 1, 2016
$3,500,000
Tf & Tb LP
Dootson Property Management LP
Grant Deed
$850,000 · Dootson Property Management
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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