506 S Myrtle Avenue Monrovia, CA $ 1,600,000
506 S Myrtle Avenue
$ 1,600,000
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506 S Myrtle Avenue

Monrovia, CA, 91016
$ 1,600,000
Bedrooms-- Baths-- Sq 2,360

Monthly Estimate*

$ 9,851

Listed by Keller Williams Beverly Hills
506 S Myrtle Avenue, Monrovia, CA 91016 - Image 1
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Commercial Property for sale in Monrovia, CA

for $1,600,000. This 2,360 square foot building was built in 1914 on a lot size of 0.0644.

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!

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Commercial Active

Price

$ 1,600,000

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

0.0644

Year Built

1914

Town/City

Monrovia

County/Region

Los Angeles

MLS | Web ID

26668825

Days on Market

2

Features
General
Zoning MOCD*
HOA Fee 0
Year Built 1914
County Los Angeles
Property Type Commercial Sale
Special Listing Conditions Standard
Status Active
Directions South of Foothill Blvd North of Huntington Dr West of Mountain Ave East of Mayflower Ave
City Monrovia
MLS Area 639 - Monrovia
Lot Size Units Square Feet
Lot Size Square Feet 2805
Standard Status Active
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Interior
Total Stories 1
Total Baths 0
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Exterior
Total Parking 1
Lot Size Area 2805
Building Area Total 2360
Lot Size Acres 0.0644
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* Excluded Features
List By
Keller Williams Beverly Hills

Broker

daniel@dsrealestate.com

Email

Affordability Calculator

$9,851
Per Month
100%
0%
0%
Monthly Principal & Interest
$9,851
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/24/2026$1,600,000 Listed Price

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506 S Myrtle Avenue, Monrovia, CA, 91016 is a Commercial Property for sale at $1,600,000 with 2,360 sqft and a lot size of 0.0644. 506 S Myrtle Avenue was built in 1914. The property's zip code is 91016 which is in Monrovia, CA