Monrovia, CA 91016,509 S Madison AVE

$1,138,000

$1,188,000

4.2%
Est.Price: ?

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Est. payment /mo

0.32 Acres Lot


SOLD DATE : 06/02/2014

Key Details

Sold Price $1,138,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID WS14007924

Sold Date 06/02/14

HOA Y/N No

Year Built 1957

Tax Year 2012

Lot Size 0.321 Acres

Property Description

** Reduced ** GREAT APARTMENT INVESTMENT! 5 UNIT INCOME PROPERTY IN A NICE NEIGHBORHOOD OF MONROVIA!! The 5 units consist of 2 single story building, one building has 3 units, and the other building has 2 units. The front unit, 509, can be for owner user since it has 2 car parking. These are well maintained units with long term tenants. Property has been professional landscaped and has mountain views. The owner has owned this property since 1978. Close to Schools, many upgrades has been done to the property. Just spent +/- $12,000 to redo the driveway. Rent has potential to be raised up to +/- $70,000/year. DO NOT CONTACT TENANTS DRIVE BY ONLY. Owners extremely motivated.

Strictly Drive By!, Don't walk on the property! or disturb the tenant, your cooperation is appreciated.

Location

State CA

County Los Angeles

Area 639 - Monrovia

Interior

Fireplace No

Exterior

Garage Spaces 6.0

Garage Description 6.0

Pool None

Community Features Curbs, Sidewalks

Utilities Available Sewer Connected

Total Parking Spaces 6

Private Pool No

Building

Water Public

Others

Tax ID 8505031012

Acceptable Financing Cash, Cash to New Loan, Submit

Listing Terms Cash, Cash to New Loan, Submit

Financing Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by RENALDO SUDIBYA • COLDWELL BANKER/GEORGERLTY/ARC
Bought with Jeannette Zhang • VasTree Real Estate
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