501 S Myrtle Avenue Monrovia, CA 91016
Two-story mixed-use building in Old Town Monrovia with retail and offices.
Type:Commercial/Industrial
Property size:
17,691 SFLot size:
0.15 Acres- Added:
- Mar 11, 2026
- Days on Market:
- 22
- Last Refresh:
- Mar 26 at 10:12 pm
Property Features for 501 S Myrtle Avenue
General Information
- Standard status
- Active
- Size
- 17,691 SF
- Lot size
- 0.15 Acres
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1955
Listing agent Denise Mitchell License #01365488
Listing office Realty Executives SCV (661) 250-8600
Listing date Mar 11, 2026
Source Exitrealty
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Realty Executives SCV
Overview
Monrovia Mixed-Use Building For Sale
Located in Old Town Monrovia, this two-story mixed-use building at 501-503 S. Myrtle Avenue and 50-100 W. Lemon Avenue features retail and office spaces. The building has 17,691 total square feet, with 6,174 square feet on the first floor, 5,548 square feet on the second floor, and 5,969 square feet in the basement level. The basement is currently rented as executive offices and storage areas. The first floor contains two retail spaces. The property includes fire sprinklers, six common area restrooms, three private restrooms, two kitchens, and two janitor closets. Zoned HCD- Historic Commercial Downtown, the building is situated at the signalized intersection of Myrtle and Lemon. The surrounding area features high-density residential properties, including The Colorado Commons with seventy-two units and a parking structure with over 180 spaces available for public use. The Santa Anita Race Track and Westfield Mall are located approximately 3 miles away, and the Monrovia Gold-Line station is about 1 mile south of the property. Access to the 210 and 605 freeways is available via Myrtle Avenue. There are currently 39 tenants. Recent upgrades include newer flooring and storefront improvements. Many office suites are leased month-to-month with below-market rents, presenting an opportunity for investors to increase rental income. The property also offers an opportunity for an office owner/user to occupy first or second-floor office space. The location is a heavily pedestrian-oriented shopping destination with retail, restaurants, office, and mixed-use properties.
Location Intelligence
Current Use by Public Records
Parenting Black Children
Charitable Organization
United Contracting Garage ...
Building Supply
K&S Chimney Sweep
General Contractor
Bellisima Salon & Day ...
Hair Salon
Katherina's Hair Salon
Hair Salon
Location Insight
- Map
- Local Demand
- City
- Monrovia
- County
- Los Angeles
- State
- California
- Longitude
- -118.001
- Latitude
- 34.1468
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Two-story mixed-use building in Old Town Monrovia with retail and offices.
Where is this mixed-use property located?
The property is located at 501 S Myrtle Avenue Monrovia, CA.
What is the asking price?
The asking price for this property is $3,900,000.
What are key features of this property?
This property features: Prime location in the heart of Old Town Monrovia, a charming and highly desirable area.; Mix‑used building with retail, executive offices, and a usable basement, offering diverse income streams.; Significant upside potential for investors due to below‑market rents in many office suites.
