248 Chestnut AveMonrovia, CA 91016
- Industrial properties
- 1,910 SF
Property Details for 248 Chestnut Ave
- Year built
- 2023
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.76 AC
- Property size (Sq ft)
- 1,910 SF
- Zone code
- MOM*
- Property type
- Industrial properties
- Property subtype
- Other warehouses
- APN
- 8508-005-062
- APU
- 8508005062
Description
This exceptional 1,912 square foot industrial condominium, situated on a 0.76-acre lot at 248 Chestnut Avenue in Monrovia, CA, presents a compelling investment opportunity. Completed in 2022 as part of a new development, this property boasts a robust concrete tilt-wall construction, offering durable and modern warehouse space. High ceilings, reaching up to 20.5 feet, provide ample vertical storage and operational flexibility. The unit is ideally suited for a variety of commercial uses, offering a blend of office and warehouse space to accommodate diverse business needs. Its strategic location within the San Gabriel Valley offers unparalleled convenience. The property enjoys proximity to major transportation arteries, including the I-210 and I-605 freeways, ensuring seamless logistics and efficient commutes. Furthermore, its walkable distance to downtown Monrovia provides easy access to local amenities and services. This turnkey industrial space represents a rare opportunity to acquire a modern, well-located asset in a thriving commercial market. The asking price is $998,000. This property is ready for immediate occupancy and offers significant potential for growth and return on investment.
Location Insight
- City
- Monrovia
- County
- Los Angeles
- State
- California
- Latitude
- 34.1423
- Longitude
- -118.005
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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