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    Property profile & analytics

    1540 Myrtle Ave Monrovia, CA 91016-4632

    • Investment properties
    • 1,666 SF
    • 0.08 lot acres
    OFF-MARKET
    Value Estimation
    $240,000
    Location Intelligence
    Property ID
    US09-9267360
    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

    • Lord Empanada / Sandwich Shop / Caterer
    • Bird-N-Bun / Fast Food Restaurant

    Property Details for 1540 Myrtle Ave

    Year built
    1951
    Construction
    WOOD
    Lot size
    0.08 lot acres
    Property size
    1,666 SF
    Zone code
    MOM*
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    8513-008-052
    APU
    8513008052

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Monrovia
    County
    Los Angeles
    State
    California
    Longitude
    -118.001
    Latitude
    34.1346
    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
    $3,120
    $70,870
    $121,454
    $192,324
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      206,254 SF

      825 Myrtle Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 206,254 SF
      825 Myrtle Ave, Monrovia, CA 91016-8600
      View Details
    • Value Estimation by Request
      9,714 SF

      630 Myrtle Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 9,714 SF
      630 Myrtle Ave, Monrovia, CA 91016-3406
      View Details
    • Value Estimation by Request
      1,058 SF

      240 Duarte Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,058 SF
      240 Duarte Rd, Monrovia, CA 91016-4530
      View Details
    • Value Estimation by Request
      3,096 SF

      523 Huntington Dr

      OFFICE/RESIDENTIAL (MIXED USE) • 3,096 SF
      523 Huntington Dr, Monrovia, CA 91016-3236
      View Details
    • Value Estimation
      $300,000
      1,009 SF

      519 Falling Leaf Aly

      OFFICE/RESIDENTIAL (MIXED USE) • 1,009 SF
      519 Falling Leaf Aly, Monrovia, CA 91016-4524
      View Details
    • Value Estimation
      $265,000
      2,510 SF

      448 Foothill Blvd

      OFFICE/RESIDENTIAL (MIXED USE) • 2,510 SF
      448 Foothill Blvd, Monrovia, CA 91016-2026
      View Details

    Similar Nearby for Sale

    • $4,800,000
      17,691 SF

      Monrovia Mixed-Use Investment

      Prime Old Town location, high-density area.
      501 Myrtle Ave, Monrovia, CA 91016
      View Details
    • $4,550,000
      17,691 SF

      Monrovia Mixed-Use Investment Opportunity

      Two-story mixed-use building in Old Town Monrovia with investment upside.
      501 S Myrtle Ave, Monrovia, CA 91016
      View Details
    • $888,000

      Monrovia Duplex with Vacant Units

      Duplex in Monrovia with renovated and blank canvas units.
      126 E Cypress Ave, Monrovia, CA 91016
      View Details
    • $850,000
      1,542 SF

      Monrovia Mixed-Use Investment Opportunity

      Prime Monrovia location, two-unit building, ample parking.
      440 Foothill Blvd, Monrovia, CA 91016
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    • $565,000
      870 SF

      Monrovia Commercial Building - Great Location

      Office, Warehouse, & Parking - Court Sale
      1609 California Ave, Monrovia, CA 91016
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    • $758,888
      1,552 SF

      Monrovia Home with Large Backyard

      3-bedroom, 3-bathroom home with modern upgrades and large backyard.
      215 E Chestnut Ave, Monrovia, CA 91016
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    Similar Nearby for Lease

    • $21 SF/Yr
      5,850 SF

      Monrovia Flex Space For Sale

      5,850 SF Flex Building, CA
      904 Alta Vista Ave, Monrovia, CA 91016
      View Details
    • $1.60 SF/Yr
      1,867 SF

      Monrovia Flex Space Available

      Flex space with easy freeway access for lease.
      150-176 W Pomona Ave, 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
    • $1.60 SF/Yr
      3,361 SF

      Monrovia Flex Space Available

      Multi-tenant building with mezzanine and ground-level door for rent.
      1961-1967 S Myrtle Ave, Monrovia, CA 91016
      View Details
    • $2,750,000
      6,100 SF

      Freestanding Warehouse with Fenced Yard

      Freestanding warehouse featuring three grade-level doors and a secure yard.
      490-498 E Duarte Rd, Monrovia, CA 91016
      View Details
    • $1.70 SF/Yr
      1,600 SF

      Office and Warehouse Space Available

      Multi-tenant building with office and warehouse space for rent.
      1943-1951 S Myrtle Ave, Monrovia, CA 91016
      View Details

    Property Visit Statistics

    • Visits by month
      22.1k
    • Visitors by month
      20.6k
    • Avg Time on site
      11 min
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    1540 Myrtle Ave
    Monrovia, CA 91016-4632
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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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