Greg Tufenkian BRE #01384765 818.919.3741 1307 South Myrtle Avenue Monrovia, CA 91016
Offering Memorandum Confidential Offering This Offering Memorandum was prepared by Coldwell Banker NRT ( Broker ) solely for the use of prospective purchasers of 1307 S. Myrtle Ave. Monrovia (the Property ). Neither the Broker nor the owner of the Property ( Owner ) makes any representation or warranty expressed or implied, as to the completeness or the accuracy of the materials contained in the Offering Memorandum. Executive Summary The Offering Coldwell Banker NRT as exclusive advisor, is pleased to present this opportunity to acquire a very efficient and well located one-story office building located in Monrovia, California. This property has been well maintained as is part of a unique owner/user campus. The building is strategically located near the (210) freeway in one of the strongest submarkets in Los Angeles with access to numerous retail and restaurant amenities. This one-story office building totals approximately 25,000 square feet and enjoys a prime location near Huntington Drive within walking distance to an abundance of retail and restaurant amenities. The adjacent building has been completed renovated into a state-ofthe-art church and The the headquarters of GBH also, offers ample parking with 60 stalls on the private surface lot. Finally, the property offers amazing signage visibility from the 210 freeway and would serve as a perfect owner user or investment opportunity. Property profile Property Information Primary Owner : Secondary Owner : Site Address : Mailing Address : Assessor Parcel Number : Census Tract : Housing Tract Number : Lot Number : Legal Description : Bedrooms : 0 Bathrooms : 0.0 Partial Bath : 0 Total Rooms : 0 Zoning : MOM* Transfer Date : Transfer Value : First Loan Amt : Loan Type : BEDIKIAN VAROUJ VAROUJ BEDIKIAN TRUST 1307 S MYRTLE AVE MONROVIA, CA 91016-4150 1344 ROSSMOYNE AVE GLENDALE, CA 91207 8508-011-056 4311.00 Property Characteristics Sale Information Abbreviated Description: CITY:REGION/CLUSTER: 27/27801 SUBD:BRADBURYS ADD TO MONROVIA MR 14-75-76 VAC ALLEY ADJ ON W AND EX OF ST LOTS L,M,N AND O ; City/Muni/Twp: REGION/CLUSTER: 27/27801 11/26/2008 Year Built : Garage : Fireplace : Pool/Spa : 1955 N Square Feet : Lot size : Number of Units : Use Code : Document # : Cost/Sq Feet : Lender: 08-2100468 24750 32881 55000 SF 0 Religious, Church, Worship (Synagogue, Temple, Parsonage) Assessment/Tax Information Assessed Value : Land Value : Improvement Value : Percent Improvement : $3,323,258 $1,392,930 $1,930,328 58 % Tax Amount : Tax Status : Tax Rate Area : Homeowner Exemption : $19,854.00 Current 6-208 N Data Deemed Reliable, But Not Guaranteed. Copyright 2004-2016 FIS Data Services. All Rights Reserved. All other trademarks and copyrights are the property of their respective holders. 07/12/2016 14:11:14 PM Customer Service Rep: E - Jocelyn
History of Monrovia All the warmth of Southern California and the advantages of a gorgeous natural environment unite to create a place that is at once beautiful, historic, cultural, economically diverse and inviting. Located 20 miles northeast of Los Angeles at the base of the San Gabriel Mountains, Monrovia is part of the San Gabriel Valley, just eight miles east of the City of Pasadena in Los Angeles County. This growing city of nearly 40,000 residents distinguishes itself from other communities with its dynamic smalltown charm and collection of high-tech industry. A world of amenities is available here: everything from world-class cultural facilities to glorious recreational outlets to top-rated education and healthcare is available right at residents fingertips. Monrovia is ideally positioned to continue its trend for controlled growth. The city s vibrant economy fosters enhanced job creation while a commitment to revitalization and development ensures that Monrovia maintains its attractive neighborhoods. Visitors are encouraged to experience all that Monrovia has to offer: a welcoming community, the brilliant California backdrop and the promise for a prosperous future. 1. Population by Library-Defined Age Group, 2010 2. Race and Ethnicity by Library-Defined Age Group, 2010 In thousands; males on left, females on right White,NH Black,NH Asian,NH Other,NH Hispanic Age group Total 85+, Oldest 65 to 84, Older adults 46 to 64, Midlife 33 to 45, Adult 19 to 32, Young 14 to 18, Teens 11 to 13, Tweens 6 to 10, School age 0 to 5, Infants/toddlers 6 3 0 3 6 0% 20% 40% 60% 80% 100% 3. Population Growth by Library-Defined Age Group, 2000-10 2010 Change % Change Total 36,590-339 -0.9% 85+ 624 84 15.6% 65 to 84 3,617 320 9.7% 46 to 64 9,484 2,593 37.6% 33 to 45 7,190-978 -12.0% 19 to 32 6,645-829 -11.1% 14 to 18 2,598 269 11.6% 11 to 13 1,436-108 -7.0% 6 to 10 2,189-902 -29.2% 0 to 5 2,807-788 -21.9% 4. Population Total, 1990-2010 In thousands 40 30 20 10 0 35.8 36.9 36.6 1990 2000 2010 65+ Older 20-64 Working Age 0-19 Young 5. 10-Year Population Change Monrovia Public Library Los Angeles County California 1990-2000 2000-2010 -5% 0% 5% 10% 15%
Greg Tufenkian BRE #01384765 818.919.3741 greg.tufenkian@yahoo.com Office Address 620 N Brand Blvd Fl 2nd Glendale, CA 91203 If your property is currently listed with a Broker, please disregard this notice. Information is deemed reliable but not guaranteed. Equal housing opportunity. Photo Design Print www.realtyimprint.com