Listed by CIBA Real Estate
$3,900,000
501 S. Myrtle Ave.
Details
Property Type Mixed Use, Retail
Sub Type Storefront, Traditional Office
Square Footage 18,509
Units 41
Tenancy Multi
Lease Type Net
Price per SqFt $211
Year Built 1955
Lot Size (SqFt) 6,700
Zoning HCD (Historic Downtown Commercial)
Investment Type Value Add
Ground Lease No
Sale Condition For sale by owner
Mixed Use | 18,509 SqFt
Marketing description
Premier corner location at the signalized intersection of Myrtle Avenue and Lemon Avenue. Strong street visibility and pedestrian exposure in the heart of Old Town Monrovia. Multi-story diverse mixed-use asset featuring retail and office tenancy. Total of 41 units providing multiple income streams. Low vacancy. Excellent accessibility near the I-210 Freeway and Metro Gold Line Station. Positioned within one of the San Gabriel Valley's most desirable and successful downtown districts.
Investment highlights
- Premier corner location at the signalized intersection of Myrtle Avenue and Lemon Avenue
- Strong street visibility and pedestrian exposure in the heart of Old Town Monrovia
- Multi-story diverse mixed-use asset featuring retail and office tenancy
- Total of 41 units providing multiple income streams
- Low vacancy
- Excellent accessibility near the I-210 Freeway and Metro Gold Line Station
- Positioned within one of the San Gabriel Valley's most desirable and successful downtown districts
Listing Contacts
Listed by CIBA Real Estate
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