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    Property profile & analytics

    345 Chestnut Ave Monrovia, CA 91016-3317

    • Warehouses
    • 8,171 SF
    • 0.39 lot acres
    OFF-MARKET
    Value Estimation
    $475,000
    Last Sale
    Dec 23, 2022
    $451,000
    Location Intelligence
    Property ID
    US09-9143082
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • tapemarket / Video Production Service
    • Argon Masking Corporation / Industrial Equipment Supplier
    • lab stoppers, laboratory stoppers / Store
    • Polyimide Tape / Video Production Service

    Property Details for 345 Chestnut Ave

    Year built
    1989
    Construction
    TILT-UP CONCRETE
    Lot size
    0.39 lot acres
    Property size
    8,171 SF
    Zone code
    MOP/QP*
    Property type
    Warehouses
    APN
    8506-003-028
    APU
    8506003028

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $465,000

    • CAP approach

      CAP return
      Estimation
      6%
      $495,000
      6.5%
      $555,000
      7%
      $570,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $560,000
      Geo Method
      $460,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $535,000
      Retail
      $610,000
      Mixed-Use
      $485,000
      Hospitality
      $525,000
      Educational
      $610,000
      Residential Income
      $550,000
      Energy
      $615,000
      Income-Based Land
      $525,000
      Food Service
      $520,000

    Location Insight

    • Map
    • Local Demand
    City
    Monrovia
    County
    Los Angeles
    State
    California
    Longitude
    -118.007
    Latitude
    34.1429
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $16,861
    $592,964
    $571,895
    $1,164,859
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      13,296 SF

      1107 Mtn Ave

      WAREHOUSE, STORAGE • 13,296 SF
      1107 Mtn Ave, Monrovia, CA 91016-4258
      View Details
    • Value Estimation
      $3,195,000
      6,780 SF

      831 Huntington Dr

      STORAGE YARD, OPEN STORAGE • 6,780 SF
      831 Huntington Dr, Monrovia, CA 91016-3612
      View Details
    • Value Estimation by Request
      6,250 SF

      136 Lemon Ave

      WAREHOUSE, STORAGE • 6,250 SF
      136 Lemon Ave, Monrovia, CA 91016-2808
      View Details
    • Value Estimation by Request
      11,735 SF

      1905 Mtn Ave

      WAREHOUSE, STORAGE • 11,735 SF
      1905 Mtn Ave, Monrovia, CA 91016-4259
      View Details
    • Value Estimation by Request
      6,454 SF

      2021 Myrtle Ave

      WAREHOUSE, STORAGE • 6,454 SF
      2021 Myrtle Ave, Monrovia, CA 91016-4836
      View Details
    • Value Estimation
      $385,000
      12,880 SF

      130 Railroad Ave

      WAREHOUSE, STORAGE • 12,880 SF
      130 Railroad Ave, Monrovia, CA 91016-4642
      View Details

    Similar Nearby for Sale

    • $1,875,000
      4,750 SF

      Corner Industrial Building Near Freeway

      Industrial building with loading doors, close to freeway and metro.
      1601 Raymond Ave, Monrovia, CA 91016
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    • $1,670,000
      5 SF

      Monrovia Industrial Warehouse Opportunity

      Versatile industrial warehouse in Monrovia with strategic features and convenient access.
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    • $4,675,000
      13,361 SF

      Monrovia Industrial Condo with Amenities

      Industrial condo featuring modern finishes, heavy power, and fitness center.
      417-429 E Huntington Dr, Monrovia, CA 91016
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    • $1,495,000
      4,100 SF

      Monrovia Industrial Warehouse For Sale

      Industrial warehouse with M1 zoning, near freeway and gold line.
      138 E Pomona Ave, Monrovia, CA 91016
      View Details
    • $13,500,000
      64,183 SF

      Freestanding Industrial Building For Sale

      Freestanding industrial building with 7-year lease in Monrovia.
      200-201 Railroad Ave, Monrovia, CA 91016
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    • $2,250,000
      5,000 SF

      Freestanding Industrial Building For Sale

      Industrial building with a large fenced yard area available for purchase.
      1938 S Myrtle Ave, Monrovia, CA 91016
      View Details

    Similar Nearby for Lease

    • $1.60 SF/Yr
      1,867 SF

      Monrovia Flex Space Available

      Flex space with easy freeway access for lease.
      150-176 W Pomona Ave, Monrovia, CA 91016
      View Details
    • $1.60 SF/Yr
      3,361 SF

      Monrovia Flex Space Available

      Multi-tenant building with mezzanine and ground-level door for rent.
      1961-1967 S Myrtle Ave, Monrovia, CA 91016
      View Details
    • $2,750,000
      6,100 SF

      Freestanding Warehouse with Fenced Yard

      Freestanding warehouse featuring three grade-level doors and a secure yard.
      490-498 E Duarte Rd, Monrovia, CA 91016
      View Details
    • $1.70 SF/Yr
      1,600 SF

      Office and Warehouse Space Available

      Multi-tenant building with office and warehouse space for rent.
      1943-1951 S Myrtle Ave, Monrovia, CA 91016
      View Details
    • $1.10 SF/Yr
      27,770 SF

      Freestanding Industrial Building with Office

      27,770 SF industrial building featuring office space.
      133 E Maple Ave, Monrovia, CA 91016
      View Details
    • $1.38 SF/Yr
      4,000 SF

      Freestanding Warehouse with Open Layout

      4,000 SF warehouse ideal for contractors, trades, or storage.
      118 E Pomona Ave, Monrovia, CA 91016
      View Details
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    345 Chestnut Ave
    Monrovia, CA 91016-3317
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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