201 Huntington DrMonrovia, CA 91016

Property Details for 201 Huntington Dr

Year built

2001

Construction

TILT-UP CONCRETE

Lot size

0.72 AC

Property size (Sq ft)

21,028 SF

Zone code

MORM*

Property type

Office properties

Property subtype

Office buildings

APN

8515-018-108

APU

8515018108

Description

This exceptional commercial property at 201 E Huntington Drive in downtown Monrovia offers a rare opportunity to lease prime office space. The building encompasses 16,000 square feet and features four suites, with two currently available for lease. Suite sizes range from approximately 2,127 to 2,459 square feet, providing flexibility for various business needs. Each suite offers convenient features such as a kitchen, a large conference room, and multiple offices with cubicles and existing furniture. The building boasts a generous parking ratio of 3.0 spaces per 1,000 square feet, all provided free of charge. The property's location is highly desirable, offering easy access to downtown Monrovia's retail amenities and situated just one-third of a mile north of the I-210 Freeway and a short block east of Myrtle. The building also benefits from prominent monumental signage on Huntington Drive, ensuring high visibility for your business. The available suites feature two entrances for added convenience. Monthly full-service lease rates for Suite 201 start at $2.12 per square foot. This is a unique chance to secure a well-appointed office space in a vibrant and accessible location. The property's APN is 8515-018-108.

• CAP approach

  CAP return

  Valuation

  6%

  $5,634,638

  6.5%

  $5,201,204

  7%

  $4,829,690

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,982,035

  Geo Method

  $3,998,684

• Alternative Use

  Use

  Valuation

  Residential

  $6,449,493

  Hospitality

  $5,907,701

  Educational

  $4,915,138

  Medical

  $5,084,177

  Retail

  $7,645,770

Location Insight

City

Monrovia

County

Los Angeles

State

California

Latitude

34.1408

Longitude

-117.998

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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