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Listed by Stacy Dover • KALEO REAL ESTATE COMPANY
$2,200,000
Est. payment /mo
6,626 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Pending
Purchase Type For Sale
Square Footage 6,626 sqft
Price per Sqft $332
MLS Listing ID CRCV25241288
HOA Y/N No
Year Built 1984
Lot Size 0.279 Acres
Property Sub-Type Other
Source Datashare California Regional
Property Description
Prime 6-Unit Investment Opportunity in Monrovia – Bordering Arcadia! When it comes to real estate, LOCATION is everything-and 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 Valley's 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 garage-a 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 Monrovia's prime corridor rarely come to market!
Location
State CA
County Los Angeles
Interior
Heating Other
Cooling Central Air
Fireplace No
Laundry Inside
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