Description
Fantastic opportunity to purchase a well maintained monrovia apartment property that provides consistent and predictable rental income. please note: the property consists of 7 units plus 2 legal, non-conforming units for a total of 9 rental units (buyer to verify). situated on a corner, the double lots combined are about 12,921 sf in total. with a variety of unit types, these apartments appeal to variety of renters. the building consists of two 3 bed + 2 bath units; one 3 bed + 1 bath unit; two 1 bed + 1 bath units and 4 studio + 1 bath units. there are a total of 8 gas and 8 electric meters, so the landlord pays the gas and electricity for the two legal, non-conforming units, which are 1 bed units. on-site parking include covered carport and open spaces accommodates for a total of 12 vehicles. much of the plumbing has been updated with copper, the electrical breakers have been updated and a complete new roof about 5 years ago. five units have individual water heaters and the four studio units are supplied by one central water heater with gas paid for by the landlord. there is a former laundry room that can be made active again for on-site laundry and additional income. please do not go onto the property, talk to or disturb the tenants. drive-by only. broker/agents make no guarantees or warranties regarding property unit count. buyer to independently verify unit count accuracy.
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
49105870
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Property Details
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Interior Features
Bedroom Information
- Total Bedrooms : 15
Bathroom Information
- Total Baths: 10
- Full Baths: 0
- Half Baths: 0
Heating Source
- Wall Furnace
- Has Heating
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Exterior Features
Building Information
- Year Built: 1955
- Building Area Total: 5,676
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.2966
- Lot Size Dimensions: 42x155
- Lot Size Source: Assessor
- Lot Size Square Feet: 12921
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Listing Information
Listing Price Information
- Original List Price: 2,490,000
- Listing Contract Date: 2025-03-26
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 8506008027
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Detached Carport
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 639 - Monrovia
- Directions: NE corner of S. Mayflower Ave and W. Chester Ave.
- Zoning: MORM*
- Source Property Type: Residential Income
- Area: 639 - Monrovia
Building and Construction
- Property Age: 70
- Year Built Source: Assessor
- Total Square Feet Living: 5676
- Levels or Stories: Two
- Building Total Stories: 2
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BuyOwner last updated this listing 04/03/2025 @ 05:39
- MLS: 25507137
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 15 bedrooms which is for sale, it has 5,676 sqft, 12,921 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Monrovia , in zip code 91016, this Los Angeles County Home are nearby neighborhoods.