Entity Owned Property summary
AI-generated overview
This exceptional 5,620 square foot Class A office space is available for sublease, commencing December 1, 2024, and extending through November 30, 2027. Located in a prestigious building at 605 E. Huntington Drive, Suite 207, Monrovia, CA 91016, this property boasts a prime location near downtown Monrovia, offering convenient access to the CA-210 Freeway via the Mountain and Myrtle ramps. The space features individual offices, multiple conference rooms, a spacious open workspace with a bullpen area, a large reception area, and a comfortable lounge and waiting area. Existing furniture is in excellent condition. The property is part of a larger 135,500 square foot, two-story building situated on a 3.99-acre lot (APN: 8515-006-096, 8515-006-097), built in 1989 and zoned MORMPD*. The asking rate starts at $1.95 per square foot, modified gross. Please note that a new demisting wall is required to sublease the space, and its size and location must be approved by both the sublessor and landlord before any sublease agreement is finalized. This presents a unique opportunity to secure high-quality office space in a desirable location with a flexible lease term. Los Angeles County.
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1988
Construction
TILT-UP CONCRETE
Total area
81,300 SF
Lot
2.09 ac (91,025 SF)
Zoning code
MORMPD*
APN
8515-006-096
UPID
US09-8558048
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
-
Laboratory
-
Hardware & Home Improvement Construction Company
-
Electric Utility Company
-
Physician
-
Physician
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$19.95M
Owner & transaction history
since 2025
3 recorded transactions
Zoning & alternative use
MORMPD* · Monrovia, CA
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 7 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$19.95M
Value range
$17.95M – $21.94M
±10% around blend
Estimated value / SF
$245 / SF
Confidence
High
7 county-verified comps
Property data
100
Market benchmarks
33
Comparable evidence
70
$17.95M
blend $19.95M
$21.94M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
81,300 SF
Lot area
2.09 ac
Year built
1988
Stories
1
APN
8515-006-096
Zoning
MORMPD*
Assessed value
$22,232,205
Annual tax
$304,107
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$13.27M
Weighted, 7 comps · high confidence
Evidence
7 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
16.6 mi away · 65,246 SF
17.1 mi away · 58,406 SF
17.9 mi away · 74,457 SF
20.0 mi away · 75,693 SF
20.3 mi away · 72,171 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$19.95M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 2758 sales
$449
-45%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $245/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 7 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$22.23M
Move the market yield to see immediate price impact.
Value / SF
$273
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$1.40M
$28.01M
$20.01M
$15.56M
$1.56M
$31.13M
$22.23M
$17.29M
$1.71M
$34.24M
$24.46M
$19.02M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
7 found
High confidence · county-verified
Closest comparable
$10.20M
6.2 mi · Sep 2025 · $126/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$304,107
Tax year 2024
Assessed value
$22,232,205
Assessed 2024
Previous assessed
$22,232,205
+0.0% YoY
Effective rate
1.37%
On assessed value
Assessed land
$2,512,959
Assessed improvement
$19,719,246
Applied tax rate
6.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1988
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
OTHER
Stories
1
Bathrooms
2
Total area
81,300 SF
Lot
2.09 ac (91,025 SF)
Zoning code
MORMPD*
APN
8515-006-096
UPID
US09-8558048
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
MORMPD* · Monrovia, CAZoning MORMPD* · permitted uses
MORMPD* · Monrovia, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1988
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
2
Lot
2.09 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
MORMPD*
Jurisdiction
Monrovia, CA
Recorded code
MORMPD*
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for MORMPD* in Monrovia, CA.
What opens after registration
Zoning profile
Official documentVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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