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123 E Olive Ave 1,700 SF Industrial Building Monrovia, CA 91016 $1,200,000 ($705.88/SF)

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INVESTMENT HIGHLIGHTS

  • Current Use is A/C Contractor
  • Suitable for Legal Non-Conforming Contractor Business
  • Fenced/Secure yard

EXECUTIVE SUMMARY

123 E. Olive Ave, Monrovia is available for sale or lease, offering approximately 1,700 square feet of office and warehouse space on a 7,942 square foot parcel. Located in the heart of downtown Monrovia, the property features new roofs throughout, a fenced and secure yard, and is zoned PD-5 Downtown, making it suitable for a variety of uses including contractor businesses, retail, or office development. The site has undergone significant renovations. Demographic highlights within a 1- to 5-mile radius include strong population density, high average household incomes, and a robust business presence.

PROPERTY FACTS

Price $1,200,000
Price Per SF $705.88
Sale Type Owner User
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 0.18 AC
Rentable Building Area 1,700 SF
No. Stories 1
Year Built 1925
Tenancy Single
Parking Ratio 7.06/1,000 SF
Clear Ceiling Height 12’
Zoning PD-5 - Zoned PD-5 Downtown APN: 8516-027-019 Suitable for legal non-conforming contractor business Fenced/Secure yard Ideal for Retail/Office development

AMENITIES

  • Fenced Lot
  • Yard
  • Air Conditioning

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 1,700 SF
  • Office
  • Partial Build-Out
  • 30 Days

123 E. Olive Ave, Monrovia is available for sale or lease, offering approximately 1,700 square feet of office and warehouse space on a 7,942 square foot parcel. Located in the heart of downtown Monrovia, the property features new roofs throughout, a fenced and secure yard, and is zoned PD-5 Downtown, making it suitable for a variety of uses including contractor businesses, retail, or office development. The site has undergone significant renovations. Demographic highlights within a 1- to 5-mile radius include strong population density, high average household incomes, and a robust business presence.

Space Size Space Use Condition Available
1st Floor 1,700 SF Office Partial Build-Out 30 Days

1st Floor

Size
1,700 SF
Space Use
Office
Condition
Partial Build-Out
Available
30 Days

1st Floor

Size 1,700 SF
Space Use Office
Condition Partial Build-Out
Available 30 Days

123 E. Olive Ave, Monrovia is available for sale or lease, offering approximately 1,700 square feet of office and warehouse space on a 7,942 square foot parcel. Located in the heart of downtown Monrovia, the property features new roofs throughout, a fenced and secure yard, and is zoned PD-5 Downtown, making it suitable for a variety of uses including contractor businesses, retail, or office development. The site has undergone significant renovations. Demographic highlights within a 1- to 5-mile radius include strong population density, high average household incomes, and a robust business presence.

Walk Score®
Walker's Paradise (96)
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
8516-027-019
Land Assessment
$283,274
Improvements Assessment
$143,137
Total Assessment
$426,411
  • Listing ID: 37559137

  • Date on Market: 9/5/2025

  • Last Updated:

  • Address: 123 E Olive Ave, Monrovia, CA 91016

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