$2,475,000
$2,200,000
12.5%For more information regarding the value of a property, please contact us for a free consultation.
916 W Duarte Monrovia, CA 91016
12 Beds
0.28 Acres Lot
Key Details
Sold Price $2,475,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
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
Interior
Cooling Central Forced Air
Exterior
View Y/N No
Building
Story 2
Others
Acceptable Financing Cash, Land Contract
Listing Terms Cash, Land Contract
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Bought with Stacy Dover KALEO REAL ESTATE COMPANY






