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    Property profile & analytics

    102 Myrtle Ave Monrovia, CA 91016-2845

    • Retail space
    • 7,948 SF
    • 0.24 lot acres
    OFF-MARKET
    Value Estimation
    $3,980,000
    Last Sale
    Nov 18, 2022
    $4,225,042
    Location Intelligence
    Property ID
    US09-8220746
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Starbucks / Espresso Bar / Internet Cafe

    Property Details for 102 Myrtle Ave

    Year built
    1971
    Construction
    TILT-UP CONCRETE
    Lot size
    0.24 lot acres
    Property size
    7,948 SF
    Zone code
    MOCD*
    Property type
    Retail space
    APN
    8516-005-036
    APU
    8516005036

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $3,895,000

    • CAP approach

      CAP return
      Estimation
      6%
      $3,775,000
      6.5%
      $4,480,000
      7%
      $3,960,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $4,670,000
      Geo Method
      $4,080,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $4,575,000
      Retail
      $3,780,000
      Mixed-Use
      $4,970,000
      Hospitality
      $4,920,000
      Educational
      $3,835,000
      Residential Income
      $4,105,000
      Energy
      $3,995,000
      Income-Based Land
      $3,910,000
      Food Service
      $4,110,000

    Location Insight

    • Map
    • Local Demand
    City
    Monrovia
    County
    Los Angeles
    State
    California
    Longitude
    -118.001
    Latitude
    34.1511
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $45,864
    $1,734,000
    $1,504,500
    $3,238,500
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      0.09 Acres

      Monrovia, CA 91016

      RETAIL STORES (PERSONAL SERVICES) • 0.09 Acres
      Monrovia, CA 91016
      View Details
    • Value Estimation by Request
      2,034 SF

      136 Colorado Blvd

      RETAIL STORES (PERSONAL SERVICES) • 2,034 SF
      136 Colorado Blvd, Monrovia, CA 91016-2804
      View Details
    • Value Estimation by Request
      43,747 SF

      929 Huntington Dr

      RETAIL STORES (PERSONAL SERVICES) • 43,747 SF
      929 Huntington Dr, Monrovia, CA 91016-3111
      View Details
    • Value Estimation by Request
      1,512 SF

      114 Colorado Blvd

      RETAIL STORES (PERSONAL SERVICES) • 1,512 SF
      114 Colorado Blvd, Monrovia, CA 91016-2806
      View Details
    • Value Estimation by Request
      4,800 SF

      930 Duarte Rd

      RETAIL STORES (PERSONAL SERVICES) • 4,800 SF
      930 Duarte Rd, Monrovia, CA 91016
      View Details
    • Value Estimation
      $1,840,000
      7,300 SF

      115 Olive Ave

      RETAIL STORES (PERSONAL SERVICES) • 7,300 SF
      115 Olive Ave, Monrovia, CA 91016-3407
      View Details

    Similar Nearby for Sale

    • $45,000

      Established Business in Downtown Monrovia

      One-stop shop specializing in shoe and purse repairs.
      126 S Myrtle Ave, Monrovia, CA 91016
      View Details
    • Contact for pricing

      Monrovia Commons Retail Opportunity

      9,200 SF shopping center with end-cap available.
      252 W Foothill Blvd, Monrovia, CA 91016
      View Details
    • $1,900,000
      4,224 SF

      NNN Leased Retail Investment

      NNN leased retail property with long-term stable income.
      1314 S Myrtle Ave, Monrovia, CA 91016
      View Details
    • $850,000

      Monrovia Commercial Property For Sale

      Commercial property in a desirable Monrovia location with parking.
      440 W Foothill Blvd, Monrovia, CA 91016
      View Details
    • $2,580,000
      4,180 SF

      Monrovia Retail Investment Opportunity

      High-traffic retail building, two units, great location.
      Myrtle Ave Ave, Monrovia, CA 91016
      View Details
    • Contact for pricing
      43,747 SF

      Retail Space in Monrovia

      Retail property available for sale in Monrovia, California.
      929 W Huntington Dr, Monrovia, CA 91016
      View Details

    Similar Nearby for Lease

    • $3 SF/Yr
      1,750 SF

      Retail Space For Lease

      Second generation nail salon space available for lease.
      929-943 W Huntington Dr, Monrovia, CA 91016
      View Details
    • $1.70 SF/Yr
      3,877 SF

      Monrovia Commercial Center Office Space

      Commercial center with parking, improved office space, and amenities.
      806 E Huntington Dr, Monrovia, CA 91016
      View Details
    • $2.00 SF/Yr
      4,091 SF

      Old Town Monrovia Retail Space

      Prime retail/restaurant space in Old Town Monrovia.
      535 S Myrtle Ave, Monrovia, CA 91016
      View Details
    • $3 SF/Yr
      3,250 SF

      Retail End Cap Opportunity

      High-profile retail space suitable for medical, restaurant, or service retail.
      242-252 W Foothill Blvd, Monrovia, CA 91016
      View Details
    • $3 SF/Yr
      1,209 SF

      Retail Space on Huntington Drive

      Retail space available for lease in Monrovia, California.
      723-739 E Huntington Dr, Monrovia, CA 91016
      View Details
    • Contact for pricing
      127,631 SF

      Monrovia Industrial Compound For Sublease

      2.93 acres with 50,992 SF of buildings for sublease.
      1705 S Mountain Ave, Monrovia, CA 91016
      View Details
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    Monrovia, CA 91016-2845
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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