219 W Palm Avenue,  Monrovia CA, 91016 (Residential Income)

5,754 sqft
Status: Backup Offers
MLS#: AR16198102
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Last Updated: 12/5/2016 9:59 AM
Description for 219 W Palm Avenue Monrovia, CA 91016
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.
Price
$1,800,000
Los Angeles
5,754 (approx)
AR16198102
Backup Offers
Description
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.
Listing Information
Property Type: Cluster, Contemporary, 2 Story
0.2 Acres 894,500 sq.ft. 5,754 (approx)
$312.83 1977
Yes- 6 spaces 2
5 Total
Neighborhood
Room Information
Common
Exterior / Lot Features
6 Garage Spaces, 8 Parking Spaces
None
No Pool
MORH*
Sidewalks, Curbs Walk
Driving Directions
Cross Streets: Primrose Ave
Financial Considerations
8516002019
$100,800 Income ,$30,649Expense
Listing Price History

Monrovia Real Estate

Monrovia is located in California. Monrovia, California 91016 has a population of 36,687.

The median household income in Monrovia, California 91016 is $69,449. The median household income for the surrounding county is $56,241 compared to the national median of $53,046. The median age of people living in Monrovia 91016 is 37.5 years.

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Courtesy: IRN Realty Tommy Han
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Information is deemed reliable but is not guaranteed.

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