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201 W Walnut Avenue

Monrovia, CA 91016
  • $1,799,000
  • STATUS: Active
  • ON SITE: 64 Days
  • ID#: TR21183880
$1,799,000
  • 0
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1987
County:

School Ratings & Info

Description

Great investment property in the city of Monrovia. Surrounded by greenery, the triplex features a total of 3 units with the main house in front (1 unit- single house style) and back house (2 units- townhomes style). The main house has an attached garage plus 2 additional car spaces and a spacious balcony. The back house each has their own detached 2 car space garage. All 3 units are currently rented at way below market price so there is a huge upside rent potential and the property requires little maintenance. Utilities are paid by tenants except for common area. Great investment choice! Walking distance to historical area Old Town Monrovia. Don't miss out!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-24T00:26:01.947. 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 Keller Williams Realty. Licensed in the State of California, USA.
www.therealestategirl.com/homes/120683020
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201 W Walnut Avenue Monrovia, CA 91016

  • Price: $1,799,000
  • Status: Active
  • ID#: TR21183880
0
Beds
0
Baths
0
½ Baths
0.18
Acres
1987
Built
Neighborhood:
639 - Monrovia
County:
Los Angeles
Area:
639 - Monrovia
Property Description
Great investment property in the city of Monrovia. Surrounded by greenery, the triplex features a total of 3 units with the main house in front (1 unit- single house style) and back house (2 units- townhomes style). The main house has an attached garage plus 2 additional car spaces and a spacious balcony. The back house each has their own detached 2 car space garage. All 3 units are currently rented at way below market price so there is a huge upside rent potential and the property requires little maintenance. Utilities are paid by tenants except for common area. Great investment choice! Walking distance to historical area Old Town Monrovia. Don't miss out!
Exterior Features

Carport Spaces 0 Lot Features 2-5 Units/Acre Number Of Separate Electric Meters 3 Open Parking Spaces 4 Parking Features Garage Parking Total 10 Pool Features None Pool Private YN No Property Attached YN Yes Spa Features None Spa YN No View None View YN No

Interior Features

Common Walls 1 Common Wall Cooling Central Air Cooling YN Yes Heating Central Heating YN Yes

Property Features

Additional Parcels YN No Common Interest None Community Features Sidewalks Electric Expense 2075 Fuel Expense 0 Garage YN Yes Gross Income 84600 Gross Scheduled Income 84600 Insurance Expense 1800 Land Lease YN No Laundry Features Electric Dryer HookupGas Dryer Hookup Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan Net Operating Income 80125 New Construction YN No Number Of Separate Gas Meters 3 Number Of Separate Water Meters 0 Operating Expense 4475 Property Sub Type Triplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 0 Utilities Electricity Connected Water Sewer Expense 600 Water Source Public Zoning Morh*

Listing provided courtesy of Heidi Mao of Keller Williams Signature


Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-24T00:26:01.947. 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 Keller Williams Realty. Licensed in the State of California, USA.
 
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