Great location, close to City Hall, Theater, Shopping and Dining. Unlimited Free Parking, great opportunity.
RE /MAX Commercial & Investment Realty is proud to present a wonderful opportunity to acquire a five (5) unit income property in the city of Monrovia NORTH OF FOOTHILL BLVD. This well maintained property consists of 1 two bedroom two bath unit with washer/dryer hookups; 3 one bedroom one bath units; and 1 Studio unit. REALISTIC UPSIDE IN RENTS. The subject property is situated on a spacious 9,749 square foot lot with covered carport parking. Please call for more details. DRIVE BY ONLY! PLEASE DO NOT DISTURB THE OCCUPANTS!!
North Monrovia Court Yard Style Bungalows
"Historic Lighting" Building - Located in the heart of Old Town Monrovia across the street from the Krikorian Theater and down the block from City Hall, this is truly a once-in-a-lifetime opportunity. The property can be used for many purposes, such as: Restaurant, Retail, Office, Manufacturing, Warehouse, or a mixture of these. The property can be used as a four unit (has 4 separate electric meters). The possibilities are endless! There is ample street parking in front of the building which has 62.5 Feet of frontage along Lemon Ave. Additionally there are approximately 145 public parking spaces directly behind and next to the property (some 8 hour / some 3 hour) which can be accessed from Lemon Ave or the rear of the property (two accesses: loading area and rear entrance door). The parking lot behind the building abuts Colorado Blvd, and in turn the building enjoys unobstructed visibility from Colorado Blvd as well as Lemon Ave. Property was rehabilitated 17 years ago. Building has been retro-fitted and seismically reinforced.
NOTE: property is currently occupied by the Owner (Monrovia Auto Body) and all showings MUST be scheduled with Broker first. +/-10,000 SF industrial building that is currently occupied by Monrovia Auto Body and Diaz Upholstery Supplies. Seller may consider selling Auto Body business separately. Property being sold in "As Is" condition. There is also a large fenced yard area. Excellent property for another auto body or light industrial user. Also note that ceiling height varies due to building design.
1 acresPrice Upon Req.
****EXCELLENT DEVELOPMENT OPPORTUNITY**** *Please call for development information* - Within the Monrovia Station Square Transit Village Zone - 230 feet of linear frontage on S. Myrtle with 5 curb cuts., ±140 linear feet of frontage on Evergreen Ave., and 135 linear feet of frontage on Pomona Ave. - Net Operating Income ( NOI ) from Chevron: $77,000 NNN, lease expires in 2017 with no options.
This property consists of two bungalow homes situated on 8,599 SF of land zoned RM3500. Each home is comprised of three bedrooms and two bathrooms (1st home/1,216 SF & 2nd Home 1,166 SF) located on a quiet street in the City of Monrovia (minutes from Old Town Monrovia but nearby Arcadia and Pasadena). Homes have been remodeled with hardwood floors, kitchen cabinets, granite countertops and floor tiles. Spacious living rooms. Ideal for an owner-occupied investor. 1st home (front house) is leased (1 Year Lease/Expires June 14, 2014) while the 2nd home (back house) is vacant. Annual Gross Scheduled Income (GSI): $51,600 (projected). Pleasant landscaping with stone-tile patios. Laundry hookup connections for washer and dryer. Central air/heat throughout each home.
FANTASTIC OPPORTUNITY FOR ANY MECHANIC: IF REQUESTED, SELLER WILL TRAIN BUYER UNTIL THEY LEARN THE SUBARU SYSTEMS (UP TO 3 MONTHS)! - Business is pre-qualified for a SBA loan - Qualified buyer would be able to buy it for 15% down! - up to 85% financing available - ten year repayment term based on monthly payments with no Balloon payment. - Clean books run by an POS bookkeeping solution - All sales and expenses reported! - In business since 1987 - 4 days a week (Tue-Fri) - Dealer-level diagnostic software - FF&E ~$15k - Inventory ~$50k - Personal toolbox and toolboxes of mechanics excluded - Owner and another mechanic are leaving - The 3rd mechanic might stay - SDE $199,000 - on clean books run by an POS bookkeeping solution - All sales and expenses reported! - Trend is upwards ....2010/11/12/13 better and better - Gross sales $521k - Sole proprietorship - The lease currently is $2097.00 per month and additional 3% raise per year. - Shop is approximately 2000 square feet. - 3 Service bays - Immaculate parts storage w inventory tracking an ordering system
1-year old, very cosy restaurant looking for new owner. All FF&Es appear like new. Great lease for the location. Large outdoor seating area exposed to street traffic. Priced to sell quickly ... way below similar restaurants in SoCal. Replacement costs well over $70k. No books, asset sale. Have to have previous restaurant success story to get approved by the Landlord!
Very little competition in this classic, upscale Indian Restaurant in Monrovia Huge Yelp and trip advisor ratings and out of town guests drive for miles to eat here. Many customers are pleased with items not traditionally offered in an Indian Restaurant. Unique and Delicious! This restaurant is famous for its exclusive entrees created by chef/owner Nick. 41 License serving a fantastic selection of Indian Beer and a very nice selection of high-end wine. Owner selling because he wants to move closer to his home. 2 Five year options plus a full two tears remaining on lease. Open 7 Days and seating for 42 patrons.