Prime 5 units investment opportunity near Old Town Monrovia. One unit could be used as an owner's unit. It is approximately 1300 sqft with 2 bedrooms and 1.75 baths with 2 car direct access garage,newer central AC and heat,tile and laminate wood flooring and a spacious floor plan. The other 4 units are approximately 1,100 sqft with 2 bedrooms and 1.5 baths,one garage space,laminate wood flooring,wall heating units and newer stoves,dishwashers and wall AC units. These four units also share two additional open parking spaces. Considerable upside in rents due to the size and location of the building. Property sold in " as is" present condition. Seller will not make repairs.
Off market
$2,526,000
219 W Palm Ave, Monrovia, CA 91016
--beds
0baths
5,754sqft
MultiFamily
Built in 1977
-- sqft lot
$2,526,000 Zestimate®
$439/sqft
$2,229 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- None, Other
Appliances
- Laundry: Community
Features
- Flooring: Other
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 5,754 sqft
Property
Parking
- Total spaces: 8
Features
- Levels: Two
- Exterior features: Other
Lot
- Size: 8,712 sqft
- Features: Lot 6500-9999
Details
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Other
Condition
- Year built: 1977
Utilities & green energy
- Water: Public
- Utilities for property: Sewer Available
Community & neighborhood
Location
- Region: Monrovia
Other
Other facts
- CommunityFeatures: Curbs, Sidewalks
- PropertyType: Residential Income
- SpecialListingConditions: Standard
- Levels: Two
- CommonWalls: No Common Walls
- PreviousStandardStatus: Active Under Contract
- LotFeatures: Lot 6500-9999
- LaundryFeatures: Community
- MLSAreaMajor: 639 - Monrovia
- BuildingAreaUnits: Square Feet
- ElevationUnits: Feet
- LotSizeSource: Assessor
- WaterSource: Public
- FoundationDetails: Slab
- Utilities: Sewer Available
Services availability
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Estimated market value
$2,526,000