$1,940,000
$1,998,888
2.9%For more information regarding the value of a property, please contact us for a free consultation.
0.31 Acres Lot
SOLD DATE : 08/07/2018
Key Details
Sold Price $1,940,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 18348920
Sold Date 08/07/18
HOA Y/N No
Year Built 1953
Lot Size 0.312 Acres
Property Description
SIX Pride of Ownership Units Available For Sale in a High-Demand Monrovia Neighborhood. Prime Value-Add Opportunity in a Non-Rent Control Location. Strong Current Rents in place but still leaves the new buyer with a potential rental upside of +/- 20%. This property is comprised of FOUR Single-Story Spacious 2 Bedroom and 1 Bathroom units and a Two-Story Duplex with 1 Bedroom and 1 Bathroom each. Situated on a Large 13,577 Square Foot Lot providing Garages, Carport and Open Parking. This Building has a charming curb appeal as well as many recent capital improvements. There are Laundry Hook-Ups and Direct Access to Garage in Select Units. On-Ste Laundry Room is also available. All Units are separately metered for Gas & Electricity, with separate water-heaters in each unit. All 6 units have Ductless A/C Units. Walking Distance to the Monrovia Gold Line Station and a Short Commute to Shops and Restaurants in Old Town Monrovia.
Location
State CA
County Los Angeles
Area 639 - Monrovia
Zoning MORH*
Interior
Cooling SeeRemarks
Fireplace No
Laundry SeeRemarks
Exterior
Garage Carport, Garage
Parking Type Carport, Garage
Building
Story 2
Others
Tax ID 8507004031
Special Listing Condition Standard
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Bought with Jack Chang • Berkshire Hathaway HomeService