Property profile

534 Myrtle Ave Monrovia, CA 91016

OFF-MARKET
Banks
Property ID
US09-7803933
3,872 SF 0.05 ac lot Built 1958
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1958
Construction TILT-UP CONCRETE
Total area 3,872 SF
Lot 0.05 ac (2,010 SF)
Zoning code MOCD*
APN 8516-022-034
UPID US09-7803933

Cap rate & NOI

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

Location

534 Myrtle Ave Monrovia, CA 91016-2814
Monrovia metro Census 431004 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$3.16M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.95M

Owner & transaction history

since 2022
Last sale
$3.4M
7 recorded transactions
2022
$3.4M
2020
Price N/A
2019
$3.0M
2003
$1.4M
2001
Price N/A
1994
$437,500
1992
Price N/A

Zoning & alternative use

MOCD* · Monrovia, CA
Top alternative use upside
Neighborhood: shopping center $2.4M +8.7%

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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