48
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$2,200,000
Est. payment /mo
12 Beds
0.28 Acres Lot
Pending
916 W Duarte Monrovia, CA 91016
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Pending
Purchase Type For Sale
MLS Listing ID CV25241288
Bedrooms 12
Lot Size 0.279 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
Prime 6-Unit Investment Opportunity in Monrovia Bordering Arcadia! When it comes to real estate, LOCATION is everythingand this 6-unit complex in the heart of Monrovia delivers on every front. Just minutes from Arcadia, this property sits in a highly desirable neighborhood surrounded by shopping, dining, schools, the Santa Anita Race Track, City of Hope, major freeways, and convenient transportation hubs. Each unit has 3 bedrooms, 2 bathrooms and spacious floorplans. This is a rare opportunity to acquire an income-producing asset in one of the San Gabriel Valleys most stable and sought-after rental markets. Each unit is thoughtfully designed with central air & heat, in-unit laundry hookups, most with a fireplace, balcony & enclosed patio. Each unit has an attached 2-car garagea true luxury for tenants and a major boost for investor appeal. The property also features a concrete driveway, guest parking, and shared trash service. With strong rental demand and outstanding tenant amenities, this property offers both immediate cash flow and long-term growth potential. Savvy investors take note opportunities like this in Monrovias prime corridor rarely come to market!
Location
State CA
County Los Angeles
Zoning Assessor
Direction Duarte Rd./West of Mayflower and East of 6th Street
Interior
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 5780015028
Acceptable Financing Cash, Land Contract
Listing Terms Cash, Land Contract
Listed by Stacy Dover KALEO REAL ESTATE COMPANY
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