524 MyrtleMonrovia, CA 91016

  • Turn key restaurants
  • 4,480 SF
Off market
$1,165,640 Estimated

Property Details for 524 Myrtle

Year built
1909
Construction
TILT-UP CONCRETE
Lot size
0.12 AC
Property size (Sq ft)
4,480 SF
Zone code
MOCD*
Property type
Turn key restaurants
APN
8516-022-033
APU
8516022033

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,366,460
    6.5%
    $1,261,340
    7%
    $1,171,250
  • Comparable approach

    Method
    Valuation
    Relative Method
    $882,304
    Geo Method
    $885,994
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $2,451,870
    Mixed-Use / Specialty
    $1,260,030
    Hospitality / Lodging
    $928,589
    Office
    $1,255,860
    Institutional / Educational
    $1,311,060
    Residential Income
    $1,533,940
    Multifamily
    $1,822,080
    Automotive / Energy
    $1,123,770
    Parking / Income-Based Land
    $384,653
    Restaurant / Food Service
    $662,146
    Healthcare / Senior Housing
    $1,288,870

Location Insight

City
Monrovia
County
Los Angeles
State
California
Latitude
34.1462
Longitude
-118.001
CBSA code
31080
CBSA name
LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$3,516
$60,218
$116,391
$176,609
-
-
-
-

FAQs

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