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1938 S Myrtle Ave

5,000 SF Industrial Building Monrovia, CA 91016 £1,810,755 (£362/SF)

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Investment Highlights

M Zoned - 12' Clear Height - Clear span - 5,000 SF of Industrial Building
Additional Yard Space for Outdoor Usage/Storage
Double Gated and Secured Parking

Centralized Monrovia Location - Easy Access to 210 Freeway
1,000 SF Second Floor Dedicated Private Office Space
Owner User Opportunity

Executive Summary

Specialized Realty & Pinnacle Estates are pleased to presents an owner user or investment opportunity at 1938 S. Myrtle Avenue, a rare fully sprinklered 5,000 SF freestanding industrial/flex building for sale situated on a 10,019 SF M zoned parcel ideal for manufacturing, warehouse, flex and a variety of other commercial uses.
The 2 story 5,000 square foot building consists 4,000 SF of ground level industrial/manufacturing/warehousing space with 12’ of clear height and 1,000 SF of dedicated 2nd floor office space. The property features 400A 240V 3P power, ample parking in a double gated, secured parking lot w/ additional outdoor covered area in the rear, fire sprinklers, 1 drive-in door and tremendous frontage on one of Monrovia’s busiest thoroughfares.
This robust & versatile property is situated on Myrtle Ave in a dense urban area with easy access to the 210 major Freeway making it ideal for a multitude of uses.

Property Facts

Price	£1,810,755	Rentable Building Area	5,000 SF
Price Per SF	£362	Number of Floors	2
Sale Type	Owner User	Year Built/Renovated	1968/2020
Property Type	Industrial	Tenancy	Single
Property Subtype	Warehouse Showroom OfficeLoft Creative Space Light Industrial Light Distribution	Parking Ratio	1.6/1,000 SF
Building Class	B	Clear Ceiling Height	12 ft
Lot Size	0.23 AC	Level Access Doors	1

Price	£1,810,755
Price Per SF	£362
Sale Type	Owner User
Property Type	Industrial
Property Subtype	Warehouse Showroom OfficeLoft Creative Space Light Industrial Light Distribution
Building Class	B
Lot Size	0.23 AC
Rentable Building Area	5,000 SF
Number of Floors	2
Year Built/Renovated	1968/2020
Tenancy	Single
Parking Ratio	1.6/1,000 SF
Clear Ceiling Height	12 ft
Level Access Doors	1

Amenities

24 Hour Access
Bus Route

Fenced Lot

Signage

Yard

Lighting
Gas - Natural
Water - City
Sewer - City
Heating - Gas

1 of 1

PROPERTY TAXES

Parcel Number	8513-001-022	Improvements Assessment	£482,059
Land Assessment	£720,993	Total Assessment	£1,203,052

PROPERTY TAXES

Parcel Number

8513-001-022

Land Assessment

£720,993

Improvements Assessment

£482,059

Total Assessment

£1,203,052

zoning

Zoning Code	M, Monrovia (M - Various industrial and manufacturing. (Buyer to verify with city of Monrovia))
M, Monrovia (M - Various industrial and manufacturing. (Buyer to verify with city of Monrovia))