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1911 S Walker Ave 44,555 SF Industrial Building Monrovia, CA 91016 $13,000,000 ($291.77/SF)
Investment Highlights
- Two industrial buildings totaling approximately 44,550 square feet situated on nearly 1.6 acres of land
- Extensive cleanroom and laboratory build-out within ISO7 certified space designed for medical manufacturing.
- Onsite parking with 83 spaces and a supplemental parking agreement across the street.
- Fully leased to STAAR Surgical Company
- Strong infrastructure including redundant systems, two emergency generators, and 2,000-amp electrical service with solar power enhancements.
- Concrete tilt-up and block construction with loading via one ground-level door for efficient operations.
Executive Summary
The site comprises two adjacent parcels totaling approximately 69,786 square feet of land with two industrial structures built in 1961 and 1962. The property is configured for manufacturing and laboratory operations as indicated by extensive electrical capacity and facility features. Zoning is MOM and site use is industrial warehouse and storage. The property includes one loading position and onsite vehicle accommodation. Access is provided via El Norte Street and is proximate to major regional transportation corridors including I-210.
Property Facts
| Price | $13,000,000 | Rentable Building Area | 44,555 SF |
| Price Per SF | $291.77 | No. Stories | 1 |
| Sale Type | Investment | Year Built | 1961 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Manufacturing | Parking Ratio | 1.86/1,000 SF |
| Building Class | B | No. Drive In / Grade-Level Doors | 2 |
| Lot Size | 1.61 AC | ||
| Zoning | MOM | ||
| Price | $13,000,000 |
| Price Per SF | $291.77 |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | B |
| Lot Size | 1.61 AC |
| Rentable Building Area | 44,555 SF |
| No. Stories | 1 |
| Year Built | 1961 |
| Tenancy | Single |
| Parking Ratio | 1.86/1,000 SF |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | MOM |
Amenities
- Fenced Lot
- Signage
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Some public transit
50/100
Fairly bikeable
40/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $2,543,655 | |
| Land Assessment | $3,677,578 | Total Assessment | $6,221,233 |
Property Taxes
Parcel Numbers
Land Assessment
$3,677,578
Improvements Assessment
$2,543,655
Total Assessment
$6,221,233
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1911 S Walker Ave
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