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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$2,228,000

Est. payment - /mo

0.26 Acres Lot

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UPDATED:

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID AR26167821

HOA Y/N No

Year Built 1955

Lot Size 0.256 Acres

Property Sub-Type Apartment

Property Description

Exceptional six-unit investment opportunity in one of Monrovia's most sought-after neighborhoods. Situated on an approximately 11,151-square-foot lot, this attractive single-story property is conveniently located near Old Town Monrovia, Foothill Boulevard, shopping centers, restaurants, schools, parks, and public transportation.

The property features an excellent unit mix consisting of one spacious two-bedroom, two-bathroom unit and five one-bedroom, one-bathroom units. The two-bedroom unit includes its own laundry hookups and split-system air conditioning. Most units have been updated with laminate flooring.

The roof was replaced in 2017, and the property features recent upgraded electrical service, separate gas and electrical meters for each unit, individual water heaters, an on-site coin-operated laundry room, and one covered carport parking space per unit.

Unit F has recently undergone an extensive renovation featuring new laminate flooring, recessed lighting, dual-pane windows, a beautifully remodeled bathroom, an updated kitchen with quartz countertops and newer cabinetry, upgraded fixtures, and two split-system air-conditioning units.

This well-maintained property offers strong in-place income, additional rental upside potential, and an outstanding location in the heart of Monrovia.

Location

State CA

County Los Angeles

Area 639 - Monrovia

Zoning MORH*

Interior

Heating Forced Air

Cooling Wall/Window Unit(s)

Fireplaces Type None

Fireplace No

Laundry Common Area

Exterior

Parking Features Assigned, Carport

Pool None

Community Features Sidewalks

Private Pool No

Building

Lot Description Front Yard

Story 1

Entry Level One

Sewer Unknown

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 8505013013

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

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Listed by Van Tuyet To CBD Investment Inc. 626-757-3682, DRE #01749625

NEARBY SCHOOL & BUSINESS

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522 W Linwood AVE Monrovia, CA 91016