$1,200,000
$1,295,000
7.3%For more information regarding the value of a property, please contact us for a free consultation.
7,230 Sqft Lot
SOLD DATE : 12/01/2014
Key Details
Sold Price $1,200,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SR14126014
Sold Date 12/01/14
HOA Y/N No
Year Built 1976
Lot Size 7,230 Sqft
Property Description
Zero percent vacancy rate since the Seller has owned the property! How can that be? Perhaps it is because the property is just around the corner from Old Town Monrovia which is filled with wonderful shops and restaurants. Or perhaps it is because this well maintained 4-unit building with spacious units is located north of Foothill Boulevard on a beautiful tree-lined street. Easy access to the 210 freeway is enjoyed by the tenants. For the investor, there is also a huge upside potential! The current rents are below market value and 2 of the units have been updated.
Location
State CA
County Los Angeles
Area 639 - Monrovia
Interior
Interior Features Storage
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Carpet, Vinyl, Wood
Fireplaces Type None
Fireplace No
Laundry Common Area
Exterior
Parking Features Assigned
Carport Spaces 4
Pool None
Community Features Curbs, Street Lights, Sidewalks
Utilities Available Sewer Connected
Roof Type Composition,Flat
Total Parking Spaces 6
Private Pool No
Building
Lot Description Sprinklers In Front, Sprinklers On Side
Story Two
Entry Level Two
Water Public
Level or Stories Two
Others
Senior Community No
Tax ID 8519026022
Acceptable Financing Submit
Listing Terms Submit
Financing Cash
Special Listing Condition Standard
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Bought with Suzie Koo • Re/Max Omega
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "