501 S Myrtle Ave, Monrovia, CA 91016

Listing office CIBA Real Estate Show Phone

Listing date Jun 26, 2026

Source Moodyscre

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Overview

This mixed-use building for sale features three levels, including a fully improved basement, a main floor, and an upper floor. With a total of 41 units, the property is set up to support multiple income streams within a single ownership structure.

The building is located at 501 S Myrtle Ave in Monrovia, CA. The configuration across the basement, main level, and upper floor provides a straightforward vertical layout that can appeal to tenants and operators looking to manage a multi-unit mix under one roof.

From a tenant and operator standpoint, 41 units across three levels can support a diversified rental environment, subject to the specific unit mix and lease structure in place. For buyers, the property offers a single asset to underwrite and manage, with the three-level improvement structure (fully improved basement, main floor, and upper floor) serving as a key part of the building’s overall utility. This is a practical option for investors seeking a mixed-use, multi-unit acquisition in Monrovia.

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Monrovia

County

Los Angeles

State

California

Longitude

-118.0012996

Latitude

34.1468206

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FAQs

What type of property is this?

Mixed-use property - Three-level mixed-use building with 41 units, offering multiple income streams for investors or owner-operators.

Where is this mixed-use property located?

The property is located at 501 S Myrtle Ave 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: Three‑level mixed‑use building with a fully improved basement, main floor, and upper floor; Total of 41 units across the building; Mixed‑use setup offers multiple income streams for investors or owner‑operators