Description
Coldwell Banker Commercial Realty is pleased to present the rare opportunity to purchase a 12-unit apartment complex in the heart of the San Gabriel Valley. This property has close access to the 210 Freeway off of Myrtle Avenue and major thoroughfare Huntington Drive, making this a highly desirable location for any commuter throughout the valley. All units are 2 bed and 1 bath. There is a tremendous opportunity to increase the rents to the market value which would result in a 72% increase over the current income. Further value can be added by the construction of two ADUs*, one per parcel.
Improvements:
Roof replaced: 215 (2022),
217 (2016)
Windows installed: 2021
Painted: 2022
*Buyer to verify with the City of Monrovia
Location
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Listing Agent: Robert Ip Courtesy of: Coldwell Banker Realty Pasadena The real estate listing information is provided by California Regional MLS, Inc. and/or CARETS® for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing or leasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS, Inc. and/or CARETS®. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns the web site. Information is deemed reliable but not guaranteed, and consumer is responsible for verifying the accuracy of all information. Copyright © California Regional MLS, Inc. and/or CARETS®. All Rights Reserved. Updated: 12th August, 2022 12:16 AM (UTC)
