Well-built & maintained warehouse/manufacturing building with approx. 900 sf office space. Two ground-level roll up doors. 3-phase power. Clear height 11' - 13.5' 337 sq.ft. of mezzanine not included in building sq. ft. Great location just north of 210 Freeway
100% occupancy. Great owner-occupied opportunity triplex on a big lot! Great potential for developers to build. Two 2 bed/1 bath units and one 1 bed/1 bath unit. Units B & C are fully remodeled in 2013. Unit A will be delivered vacant 11/9. Unit A and outside need cosmetic updates, but other two units are fully remodeled. Two units have double paned vinyl windows, tile and laminate wood floors, recessed lighting, remodeled bathroom, remodeled kitchen, stainless steel stove, dishwasher, fridge, granite countertops.
Zero percent vacancy rate since the Seller has owned the property! How can that be? Perhaps it is because the property is just around the corner from Old Town Monrovia which is filled with wonderful shops and restaurants. Or perhaps it is because this well maintained 4-unit building with spacious units is located north of Foothill Boulevard on a beautiful tree-lined street. Easy access to the 210 freeway is enjoyed by the tenants. For the investor, there is also a huge upside potential! The current rents are below market value ... Pro forma Cap rate 4.3
Podley Properties proudly presents a rare opportunity on Myrtle Ave. in Down Town Monrovia. This building previously the home of the ever famous Monrovia Icon of the Monrovia Bakery. The building is 2360 sqft per the assessor. This building has quite the charming façade and has many uses available. Restaurant, retail etc. The seller will carry the first TD financing for a qualified purchaser with 20-25% down amortized for 25 years due in 10years @6.5%int. Call listing agt. For additional details.
North Monrovia Court Yard Style Bungalows
STNL 24 Hour Fitness. Strong National Tenant: Corporate Lease, 425 Locations, over $741M in revenue year 2013. Tenant has occupied at this location for 19 years and just signed a new 10 year lease extension. Absolute NNN / No landlord responsibilities. Fixed 10% rent increases every 5-years.
Seller is motivated to move these units. Cap rate of 6.8% when all rented. Total of 4 units..First unit located on Los Angeles street 2 bed 1 bath / Second and third units is 2 story complex. One unit has 3 bd 1 bath second unit has 2 bd and 1 bath. The fourth unit located at 502 Cherry Ave is licensed boarding house with 6 total bedrooms one bath and one kitchen shared by all tenants.
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.
Two-story, Garden-style office building, owned free and clear by owner, covered & uncovered parking (35 spaces), zoned Residential High Density.
Approximately 3,200 SF Industrial Building For Sale Price Includes Fully Operational Machine Shop Free Standing Building Alley Access & Fenced Yard