167 N Myrtle Avenue

    Monrovia, CA 91016
    • $1,590,000
    • STATUS: Active
    • ON SITE: 9 days
    • ID#: AR20093343
    UPDATED: 17 min ago
    $1,590,000
    • 0
      BEDS
    • 0.21
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1890
    County:

    School Ratings & Info

    Description

    LOCATION, LOCATION, LOCATION! north Monrovia location, across from Downtown Monrovia! 167 N Primrose Aveis a vintage building built in 1890 that is in the best location of Monrovia. It is in north Monrovia by the foothills of San Gabriel Mountain and just across the street from Downtown Monrovia! The property is surrounded by high-priced single-family houses and close to walking and hiking trail. Various small cafes, and coffee shops are literally within less than a minute away from this property.The building is a 2 story Victorian style that was built in 1890. It is situated on +-9,329 SF lot. It consists of 4 units with 2 units on ground floor and 2 units above it. Each unit is special and charming with high ceiling and many characteristics a vintage building has such as wall paneling, solid wood doors, dens, private decks, and others. Each unit is airy, large, and bright with high-ceiling and recent new upgrades. Both 2nd floor units have private balcony/deck which gives an atmosphere of you living in a tree house as the property has many large and mature trees.Each unit is bright with many windows and charming characters that you would find in an 1890's vintage building. Three unit has been thoroughly upgraded with luxury wood flooring, smooth and high ceiling, mini-split A/C and heating unit, private balcony with views, new interior paint, recessed lighting, stainless steel kitchen range, and ceiling fans.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-05-29T12:27:29.09. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty. Licensed in the State of California, USA.

    www.twissrealty.com/homes/106035980

    167 N Myrtle Avenue Monrovia, CA 91016

    • Price: $1,590,000
    • Status: Active
    • Updated: 17 min ago
    • ID#: AR20093343
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.21
    Acres
    1890
    Built
    Neighborhood:
    639 - Monrovia
    County:
    Los Angeles
    Area:
    639 - Monrovia
    Property Description
    LOCATION, LOCATION, LOCATION! north Monrovia location, across from Downtown Monrovia! 167 N Primrose Aveis a vintage building built in 1890 that is in the best location of Monrovia. It is in north Monrovia by the foothills of San Gabriel Mountain and just across the street from Downtown Monrovia! The property is surrounded by high-priced single-family houses and close to walking and hiking trail. Various small cafes, and coffee shops are literally within less than a minute away from this property.The building is a 2 story Victorian style that was built in 1890. It is situated on +-9,329 SF lot. It consists of 4 units with 2 units on ground floor and 2 units above it. Each unit is special and charming with high ceiling and many characteristics a vintage building has such as wall paneling, solid wood doors, dens, private decks, and others. Each unit is airy, large, and bright with high-ceiling and recent new upgrades. Both 2nd floor units have private balcony/deck which gives an atmosphere of you living in a tree house as the property has many large and mature trees.Each unit is bright with many windows and charming characters that you would find in an 1890's vintage building. Three unit has been thoroughly upgraded with luxury wood flooring, smooth and high ceiling, mini-split A/C and heating unit, private balcony with views, new interior paint, recessed lighting, stainless steel kitchen range, and ceiling fans.
    Exterior Features

    Carport Spaces 0.00 Garage Spaces 0.00 Lot Features Lot 6500-9999Rectangular LotLevelNear Public Transit Lot Size Source Assessor Lot Size Units Square Feet Parking Features Driveway Parking Total 5.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes Spa Features None Spa YN No View Mountain(S)Peek-A-Boo View YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Cooling Wall/Window Unit(S)Energy Star Qualified EquipmentHigh EfficiencySeer Rated 16+ Cooling YN Yes Fireplace Features None Fireplace YN No Flooring LaminateVinylWood Heating Wall Furnace Heating YN Yes Laundry Features Common AreaCommunity Levels Two

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Cap Rate 3.45 Community Features MountainousSuburbanValley Country Us Electric Expense 180.00 Elevation Units Feet Fuel Expense 878.00 Gardener Expense 960.00 Gross Income 84600.00 Gross Multiplier 18.79 Gross Operating Income 82062.00 Gross Scheduled Income 84600.00 Insurance Expense 1410.00 Land Lease YN No Laundry YN Yes Licenses Expense 167.00 Maintenance Expense 1000.00 Net Operating Income 54899.00 New Construction YN No New Taxes Expense 18008.00 Number Of Separate Electric Meters 4 Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Number Of Units Leased 4 Number Wall AC 4 Number With Dishwasher 0 Number With Disposal 4 Number With Range 4 Number With Refrigerator 0 Operating Expense 27163.00 Pool Expense 0.00 Property Sub Type Apartment Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays Electricity Total Actual Rent 6950.00 Total Expenses 27163.00 Trash Expense 1394.00 Utilities Cable ConnectedElectricity ConnectedNatural Gas ConnectedPhone ConnectedSewer ConnectedWater Connected Vacancy Allowance Rate 3.00 Water Sewer Expense 2520.00 Water Source Public Year Built Source Assessor Zoning Morh*

    Listing provided courtesy of Handoko Chen of Gig Real Estate Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-05-29T12:27:29.09. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty. Licensed in the State of California, USA.

     
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