Mixed-Use Building with 41
For Sale
Contact for pricing
501 S Myrtle Ave, Monrovia, CA 91016
Three-level mixed-use building with 41 units, offering multiple income streams for investors or owner-operators.
Property SizeContact for details
Days on Market53
Property Features for 501 S Myrtle Ave
General Information
Standard status
Active
Property subtype
RETAIL
Additional Details
Multifamily Units
41
Building Details
Stories
3
Listing Agency:
CIBA Real Estate
(626) 255-1124
Listed By:
Filippo Fanara
(626) 255-1124
Source:
Moodyscre
Added: Jun 26
Changed: Aug 16
Last Checked: Aug 17 at 4:14AM
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 CIBA Real Estate
Investment Insights
Based on property information with market context.
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.
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.
Key Highlights
- 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
Property Analytics
Property Profile
Current Use
Lease Details
41
Residential units
Location Intelligence
Trade Area within ½ mile
2,353
Businesses Nearby
Explore this area
Business Placement
Demographics for 91016, CA
41,852
Population
16,171
Households
2.6
Avg Household Size
41
Median Age
44%
College-Educated
90%
High-School Grad
8.5 sq mi
ZIP Area
4,924
Density / Sq Mi
$99,555
Median Household Income
$51,120
Median Earnings
$2,008
Median Rent
$874,100
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
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
