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Property profile & analytics
FOR SALE
Manufacturing properties
323 W Maple Ave Monrovia, CA 91016
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-9143113
For Sale
1 / 6
$1,670,000
323 W Maple Ave, Monrovia, CA 91016
View Listing →
Property summary
AI-generated overview
This exceptional 5,450-square-foot industrial warehouse presents a rare owner-user opportunity in high-demand Monrovia, CA. Located at 323 W. Maple Ave., 91016, this Class C property offers convenient access to the 210 freeway and Huntington Drive. Built in 1951, the single-story building features a 13.5-foot clear height, ideal for various industrial uses including manufacturing, distribution, or storage. The spacious interior (approximately 48.5 feet wide by 119 feet long) allows for customization. Rear alley access significantly streamlines loading and unloading. A secure fenced yard provides both added security and convenient parking. The 7,774-square-foot lot is zoned MOM*, and the asking price is $1,390,000 ($255.05/sq ft). This property is currently vacant. APN: 8506-004-017. Don't miss this chance to own a versatile industrial space in a thriving location.
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1951
Construction
TILT-UP CONCRETE
Total area
5,450 SF
Lot
0.18 ac (7,774 SF)
Zoning code
MOM*
APN
8506-004-017
UPID
US09-9143113
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
-
Dan-Mar Custom Draperies (Bike/Boat/Book/etc) Store Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$980k
Comparable Approach
Comparable
$1.33M
Blend (final)
Blend
$1.18M
Owner & transaction history
Maple Corner Stone LLC · 1 yrs held
Maple Corner Stone LLC
since 2025
Last sale
$1.2M
5 recorded transactions
Zoning & alternative use
MOM* · Monrovia, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.7M
+3.0%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,060,000
6.5%
$980,000
7%
$910,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,635,000
Current use
COMMERCIAL (GENERAL)
$1,685,000
Change: +3% · Conversion: Difficult
Blend value · Realmo final
$1.18M
Range $1.06M – $1.29M · ±10% · vs last sale $1.20M (Nov 3 2024)
Last sale anchor
$1.20M
Nov 3 2024
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
$216 / 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
$4,171
Tax year 2024
Assessed value
$231,509
Assessed 2024
Previous assessed
$231,509
+0.0% YoY
Effective rate
1.80%
On assessed value
Assessed land
$142,164
Assessed improvement
$89,345
Applied tax rate
6.0000
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 Sale
Year built
1951
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
5,450 SF
Lot
0.18 ac (7,774 SF)
Zoning code
MOM*
APN
8506-004-017
UPID
US09-9143113
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
MOM* · Monrovia, CA
Zoning MOM* · permitted uses
MOM* · 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.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$1.6M
COMMERCIAL (GENERAL)
Est. value
$1.7M
INDUSTRIAL (GENERAL) Current
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1951
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.18 ac
Current owner
From public records · entity-resolved
Maple Corner Stone LLC
Entity
Free & Clear · 1 yrs held
Mailing address
3875 DENAIR ST, PASADENA, CA 91107-1306
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 3, 2025
$1,200,000
Maple Corner Stone LLC
Mtk Enterprises LLC
Grant Deed
—
Nov 14, 2016
—
Mtk Enterprises LLC
—
Deed
related
$220,000 · Citizens Business Bank
Apr 3, 2013
—
Mtk Ents LLC
Brown,timothy M
Quit Claim Deed
related
—
Oct 16, 2012
—
Timothy M Brown
Brown Phylis A Trust
Quit Claim Deed
related
—
Apr 28, 2009
—
Brown Phylis A Trust
Brown,phylis A
Quit Claim Deed
related
—
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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