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863 W Walnut Avenue

Monrovia, CA 91016
  • $1,850,000
  • STATUS: Active
  • ON SITE: 90 Days
  • ID#: AR23165080
UPDATED: 14 min ago
$1,850,000
  • 0
    BEDS
  • 0.23
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1939
County:

School Ratings & Info

Listing Agent(s): Ted Javidpour of Coldwell Banker Realty (626-445-5500)


Description

Great investment opportunity in the city of Monrovia! This property consists of four fully-occupied, one-level two bedroom / one bathroom in four separate structures on an almost 10,000Square feet (9,962.00 per assesor) lot. The first two units have attached garages and the other two units have assigned parking spaces. There are eight addional parking spaces available for tenant use. This property is located on a quiet street just east of the city of Arcadia, close to all kinds of shops, restaurants and transportation with easy access to 210 Freeway and Metro Link. The Huntington Oaks Shopping Center is within walking distance of this property. Also, the Monrovia Street Fair Farmers Market is just a few blocks east of this property. Don't miss this wonderful investment opportunity!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-12-03T22:25:45.427. 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 Group - Brokered by EXP. Licensed in the State of California, USA.
www.twissrealty.com/homes/143062527
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863 W Walnut Avenue Monrovia, CA 91016

  • Price: $1,850,000
  • Status: Active
  • On Site: 90 Days
  • Updated: 14 min ago
  • ID#: AR23165080
0
Beds
0
Baths
0
½ Baths
0.23
Acres
1939
Built
Neighborhood:
639 - Monrovia
County:
Los Angeles
Area:
639 - Monrovia
Property Description
Great investment opportunity in the city of Monrovia! This property consists of four fully-occupied, one-level two bedroom / one bathroom in four separate structures on an almost 10,000Square feet (9,962.00 per assesor) lot. The first two units have attached garages and the other two units have assigned parking spaces. There are eight addional parking spaces available for tenant use. This property is located on a quiet street just east of the city of Arcadia, close to all kinds of shops, restaurants and transportation with easy access to 210 Freeway and Metro Link. The Huntington Oaks Shopping Center is within walking distance of this property. Also, the Monrovia Street Fair Farmers Market is just a few blocks east of this property. Don't miss this wonderful investment opportunity!
Exterior Features

Carport Spaces 2 Carport YN Yes Entry Level 1 Entry Location Front Door Lot Features 2-5 Units/Acre Number Of Separate Electric Meters 4 Open Parking Spaces 8 Parking Features Assigned Parking Total 12 Pool Features None Pool Private YN No Property Attached YN No Roof Composition Spa Features None Spa YN No View None View YN No

Interior Features

Common Walls No Common Walls Cooling None Cooling YN No Fireplace Features None Fireplace YN No Heating Natural Gas Heating YN Yes Interior Features All Bedrooms Down

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Urban Garage YN Yes Gross Income 102600 Gross Scheduled Income 102600 Insurance Expense 4268 Land Lease YN No Laundry Features Inside Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms 1031 Exchange Net Operating Income 66794 New Construction YN No New Taxes Expense 23000 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Number Of Units Leased 4 Operating Expense 35806 Property Sub Type Quadruplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays Cable TvElectricityGasTelephone Total Actual Rent 8550 Trash Expense 1828 Water Sewer Expense 6460 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-12-03T22:25:45.427. 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 Group - Brokered by EXP. Licensed in the State of California, USA.
 
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Twiss Realty Group - Brokered by EXP
5036 Highway 140
Mariposa CA, 95338
Listing Agent(s): Ted Javidpour of Coldwell Banker Realty (626-445-5500)