910 S Ivy Avenue

    Monrovia, CA 91016
    • $1,250,000
    • STATUS: Active Under Contract
    • ON SITE: 28 days
    • ID#: WS20081149
    Under Contract
    UPDATED: 12 min ago
    $1,250,000
    • 0
      BEDS
    • 0.36
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,140
      SQFT
    • $584
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1927
    County:

    School Ratings & Info

    Description

    Attention to all builders and investors, a great opportunity is knocking on your door right now. A lot with lots of potential is up for sale. It is situated in a prime & high demand area of Monrovia (North of Huntington Dr), which offers a peaceful and convenient location. The lot comes with a plan to build 6 modern contemporary 2-story residential condominiums (currently under design review, it will be finalized soon by city of Monrovia). The six units of condos consist 4 units of 3 bedroom 2.5 bathroom (1426 - 1440 sqft) and 2 units of 3 bedroom 3.5 bathroom plus a den (1688 sqft). A total living size of 9108 sqft. Each unit has a 2-car garage and there is no subterranean parking. It+GGs a super rare opportunity to find such a neat and manageable complex in this mature neighborhood. Currently there are two units on this property being rented out and generating $3825/month income (unit one - $1950/mon; unit two - $1875/month). Don+GGt miss out. Drive by today. Plans and reports are available upon request.

    Monthly Payment Calculator



    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/105426718

    910 S Ivy Avenue Monrovia, CA 91016

    • Price: $1,250,000
    • Status: Active Under Contract
    • Updated: 12 min ago
    • ID#: WS20081149
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.36
    Acres
    2,140
    SQFT
    $584
    $/SQFT
    1927
    Built
    Neighborhood:
    639 - Monrovia
    County:
    Los Angeles
    Area:
    639 - Monrovia
    Property Description
    Attention to all builders and investors, a great opportunity is knocking on your door right now. A lot with lots of potential is up for sale. It is situated in a prime & high demand area of Monrovia (North of Huntington Dr), which offers a peaceful and convenient location. The lot comes with a plan to build 6 modern contemporary 2-story residential condominiums (currently under design review, it will be finalized soon by city of Monrovia). The six units of condos consist 4 units of 3 bedroom 2.5 bathroom (1426 - 1440 sqft) and 2 units of 3 bedroom 3.5 bathroom plus a den (1688 sqft). A total living size of 9108 sqft. Each unit has a 2-car garage and there is no subterranean parking. It+GGs a super rare opportunity to find such a neat and manageable complex in this mature neighborhood. Currently there are two units on this property being rented out and generating $3825/month income (unit one - $1950/mon; unit two - $1875/month). Don+GGt miss out. Drive by today. Plans and reports are available upon request.
    Exterior Features

    Garage Spaces 2.00 Lot Features 6-10 Units/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Total 2.00 Pool Features None Pool Private YN No Property Attached YN No View None View YN No

    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 No Common Walls Cooling Central Air Cooling YN Yes Fireplace Features None Fireplace YN No Laundry Features Gas Dryer Hookup Levels One Room Type All Bedrooms Down

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features Curbs Country Us Elevation Units Feet Gross Income 45900.00 Gross Scheduled Income 45900.00 Insurance Expense 1200.00 Land Lease YN No Laundry YN Yes Net Operating Income 25500.00 New Construction YN No New Taxes Expense 15000.00 Number Of Separate Electric Meters 2 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Operating Expense 20400.00 Property Sub Type Single Family Residence Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Expenses 20400.00 Trash Expense 600.00 Water Sewer Expense 3600.00 Water Source Public Year Built Source Assessor Zoning Morm*

    Listing provided courtesy of Rhea Bai of Re/Max Premier/Arcadia


    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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