Technical
Financial
Distress signals
Property profile

509 Madison Ave Monrovia, CA 91016

OFF-MARKET
Apartment buildings
Property ID
US09-9165519
3,843 SF 0.32 ac lot Built 1957
Entity Owned 11-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1957
Construction WOOD
Total area 3,843 SF
Lot 0.32 ac (13,967 SF)
Zoning code MORH*
APN 8505-031-012
UPID US09-9165519

Cap rate & NOI

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

Location

509 Madison Ave Monrovia, CA 91016-2533
Monrovia metro Census 431003 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$950k
Comparable Approach Comparable
by Request
Blend (final) Blend
$795k

Owner & transaction history

since 2015
3 recorded transactions
2015
Price N/A
2014
$1.1M
1999
Price N/A

Zoning & alternative use

MORH* · Monrovia, CA
Top alternative use upside
Commercial (general) $1.2M +6.3%
Warehouse, storage $1.1M +1.1%

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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