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118-122 E Pomona Ave

8,000 SF Vacant Industrial Building Monrovia, CA 91016 £1,461,518 (£183/SF)

Investment Highlights

  • 2 Building on Parcel
  • Zoned Planned Development
  • Approximately 8,000 SF of Building on Approximately 15,999 SF of Land

Executive Summary

HUGE PRICE REDUCTION
*One Block South of the 210 Freeway, Near Monrovia Gold Line Station*
CIBA Real Estate is proud to present the property located at 118-122 E Pomona Ave. Located between Myrtle Avenue and Raymond Avenue, this is an opportunity to own your own property in a prime location. The buildings are 8,000 square feet of improvements on approximately 16,000 SF of Land.
118 E Pomona Ave. has significant locational value, 1. It could potentially be aggregated into a multi-family, transit-oriented development. There are already a significant number of developments in the area, and more are needed. 2. It is adjacent to the 210 Freeway, accessible via the Myrtle Avenue exit, rendering seamless transit throughout the region. Additionally, the property is a mere block to the east of the the Monrovia Light Rail Station, affording swift ingress to public transportation networks.
Showings are by appointment.

Property Facts

Price £1,461,518
Price Per SF £183
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype Service
Building Class C
Lot Size 0.37 AC
Rentable Building Area 8,000 SF
Number of Floors 1
Year Built 1954
Parking Ratio 0.5/1,000 SF
Level Access Doors 1

Amenities

  • Fenced Lot
  • Signage
Walk Score ®
Very Walkable (75)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
8513-008-057
Land Assessment
£46,462
Improvements Assessment
£53,897
Total Assessment
£100,358

zoning

Zoning Code MOM* (Light Manufacturing)
MOM* (Light Manufacturing)
  • Listing ID: 29705227

  • Date on Market: 04/10/2023

  • Last Updated:

  • Address: 118-122 E Pomona Ave, Monrovia, CA 91016

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