CA > Monrovia
Monrovia, CA 91016,220 218-220 S Myrtle AVE
Monrovia, CA 91016,220 218-220 S Myrtle AVE
Monrovia, CA 91016,220 218-220 S Myrtle AVE
Monrovia, CA 91016,220 218-220 S Myrtle AVE
Monrovia, CA 91016,220 218-220 S Myrtle AVE
Monrovia, CA 91016,220 218-220 S Myrtle AVE
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Gatehouse Properties

Gatehouse Properties

+1(714) 743-9882
$ 2,580,000
Est. payment | /mo

7,305 Sqft Lot

Save
$ 2,580,000
Est. payment | /mo
Save

7,305 Sqft Lot

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID AR25002884

HOA Y/N No

Year Built 1928

Lot Size 7,305 Sqft

Property Sub-Type Retail

Property Description

Subject property is a freestanding building featuring two separate units totaling 4,180 square foot situated in Monrovia on high-traffic retail street and surrounded by national tenants. Building has two separate units for various uses such as the current retail and high-end office with highly coveted Myrtle Avenue street frontage. Both units have front & back entrance and all utilities are separately metered. Building signage available on both sides of the building.

Suite 218 is leased to a franchise pet shop.

Suite 220 features high ceilings, professional receptionist counter and entry area, meeting room, large conference room with skylight, huge sales floor, two private executive offices, kitchen, storage room, and bathroom. Private parking in the back and plenty of City parking areas. Building is earthquake retrofitted.

Truly a gem for owner-occupied investment property. Occupy one unit & collect immediate passive income from the other unit. High density area with shortage of developable land in this region. Building is located next to Bank of America, across from Citibank, and a high-traffic shopping plaza anchored by Vons Pavilions and Chase Bank. The City hosts a variety of events all year round including the weekly street fair every Friday that attracts many residents and even visitors from other cities.

Location

State CA

County Los Angeles

Area 639 - Monrovia

Interior

Heating Central, Natural Gas

Cooling Central Air

Fireplace No

Laundry None

Exterior

Community Features Park

Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected

Building

Lot Description 2-5 Units/Acre, Near Park, Near Public Transit, Street Level, Walkstreet

Story 1

Water Public

Others

Tax ID 8516005018

Security Features Prewired,Security System,Key Card Entry,Security Lights

Acceptable Financing Cash, Cash to New Loan, Conventional, Contract, 1031 Exchange

Listing Terms Cash, Cash to New Loan, Conventional, Contract, 1031 Exchange

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Jeannette Zhang • VasTree Real Estate • 626-616-9123
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+1(714) 743-9882

info@gatehouseproperties.com

Costa Mesa, CA, 92626, United States

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220 218-220 S Myrtle AVE

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