Property profile

406 Myrtle Ave Monrovia, CA 91016

OFF-MARKET
Turn key restaurants
Property ID
US09-9162498
8,275 SF 0.16 ac lot Built 1923
Entity Owned 28-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1923
Construction TILT-UP CONCRETE
Total area 8,275 SF
Lot 0.16 ac (6,862 SF)
Zoning code MOCD*
APN 8516-017-023
UPID US09-9162498

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • Restaurant

Location

406 Myrtle Ave Monrovia, CA 91016-2812
Monrovia metro Census 431004 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$545k

Owner & transaction history

since 1998
3 recorded transactions
1998
$620,000
1996
$550,000
1969
Price N/A

Zoning & alternative use

MOCD* · Monrovia, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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