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Listed by Van Tuyet To, DRE #01749625 • CBD Investment Inc.
$ 2,228,000
Est. payment | /mo
0.26 Acres Lot
$ 2,228,000
Est. payment | /mo
0.26 Acres Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRAR26167821
Year Built 1955
Lot Size 0.256 Acres
Source California Regional MLS
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
Location
State CA
County Los Angeles
Area 639 - Monrovia
Interior
Heating Forced Air
Cooling Window / Wall Unit
Laundry Community Facility
Exterior
Parking Features Assigned Spaces, Carport
Pool None
Building
Story One Story
Sewer TBD
Water District - Public
Others
Tax ID 8505013013
Special Listing Condition Not Applicable
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