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509 S Madison AVE Monrovia, CA 91016
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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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Bought with Jeannette Zhang • VasTree Real Estate
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