CA > Monrovia
Monrovia, CA 91016,506 S Myrtle AVE
Monrovia, CA 91016,506 S Myrtle AVE
Monrovia, CA 91016,506 S Myrtle AVE
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Sat
31
May
Sun
1
Jun
Mon
2
Jun
The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$1,800,000
Est. payment /mo
2,805 Sqft Lot
Save

UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 25542339

HOA Y/N No

Year Built 1914

Lot Size 2,805 Sqft

Property Description

Nestled in the heart of Old Town Monrovia, 506 South Myrtle Avenue offers a unique opportunity to own a piece of a highly cherished and historically vibrant downtown. This 2,360 square foot retail store, currently operating as Stinky Boba, a boba operation, sits along one of the San Gabriel Valley's most walkable main streets, where tree-lined sidewalks, preserved architecture, and locally owned shops reflect a community deeply rooted in pride and tradition. The property enjoys exceptional visibility and steady foot traffic, surrounded by beloved restaurants, family-run businesses, and a calendar full of community events that draw loyal local crowds year-round. With close proximity to the Metro Gold Line and the 210 Freeway, the location balances small-town atmosphere with regional accessibility. Current owner has spent ~$350,000 on renovations & high grade equipment: New roof coating, brand new air conditioning units (Daiken), brand new commercial grade kitchen, brand new restrooms, and more! With minimal upfront investment, this turnkey restaurant space is ideally positioned to attract tenants seeking low startup costs. Given its fully built-out, ready-to-operate condition, the property also allows ownership to command premium rental rates in a highly desirable location. Ideal for owner-users or investors seeking long-term value in a submarket where properties rarely trade hands, 506 S Myrtle represents not just a sound investment but a place in one of Southern California's most authentic downtown experiences. The Stinky Boba business may be included in the sale, but is not required. Contact listing agent for more details!

Location

State CA

County Los Angeles

Area 639 - Monrovia

Zoning MOCD*

Interior

Fireplace No

Exterior

Total Parking Spaces 1

Building

Story 1

Others

Tax ID 8516022013

Special Listing Condition Standard

Read Less Info
California Regional MLS (CRMLS)
Listed by Daniel Shamooelian • Keller Williams Beverly Hills

MORTGAGE CALCULATOR

Use our home loan calculator to estimate your total mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment, and details about the home loan, to calculate your mortgage payment, schedule, and more.
$
$
%
%
Advanced
Payment
Schedule
Your mortgage payments over 30 years will add up to $0.
 
Serving Southern California

Custom Quick Search Tools To Explore Nearby Zip Codes, Cities & Neighborhoods In Your Preferred Destinations

There are 30 quick searches