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    201 W Walnut Avenue

    Monrovia, CA 91016
    • $1,750,000
    • STATUS: Active
    • ON SITE: 79 days
    • ID#: CV21014674
    $1,750,000
    • 0
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,427
      SQFT
    • $511
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1987
    County:

    School Ratings & Info

    Description

    With a 4.42% Cap Rate, this beautiful Triplex, located one block from the famed Old Town, features 3 units all currently leased. The front home has an attached garage plus parking for 2 additional cars. The duplex behind the main home shares one wall and each has their own detached 2 car garage with a private patio over each garage. Very low costs and very little maintenance. Water and trash are paid by the owner, about $350 per month, nominal $20 electricity bill for common areas. All other utilities paid for by the tenants.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-19T12:43:26.903. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Forss Realty Group. Licensed in the State of California, USA.
    www.teamforss.com/homes/113751479
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    201 W Walnut Avenue Monrovia, CA 91016

    • Price: $1,750,000
    • Status: Active
    • ID#: CV21014674
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    3,427
    SQFT
    $511
    $/SQFT
    1987
    Built
    Neighborhood:
    639 - Monrovia
    County:
    Los Angeles
    Area:
    639 - Monrovia
    Property Description
    With a 4.42% Cap Rate, this beautiful Triplex, located one block from the famed Old Town, features 3 units all currently leased. The front home has an attached garage plus parking for 2 additional cars. The duplex behind the main home shares one wall and each has their own detached 2 car garage with a private patio over each garage. Very low costs and very little maintenance. Water and trash are paid by the owner, about $350 per month, nominal $20 electricity bill for common areas. All other utilities paid for by the tenants.
    Exterior Features

    Architectural Style Contemporary Construction Materials StuccoWood Siding Direction Faces South Foundation Details Slab Lot Features 2-5 Units/Acre Number Of Separate Electric Meters 3 Open Parking Spaces 4 Other Structures Second Garage Parking Features Door-MultiGarageGarage Door OpenerGarage Faces Rear Parking Total 10 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type AlleyCity Street Road Surface Type Alley PavedPaved Roof CompositionShingle Spa Features None Spa YN No View Mountain(S)Neighborhood View YN Yes

    Interior Features

    Appliances DishwasherGas OvenGas RangeGas Water HeaterDryerWasher Common Walls 1 Common WallNo One AboveNo One Below Cooling Central Air Cooling YN Yes Fireplace Features None Fireplace YN No Flooring LaminateTileVinylWood Heating CentralNatural Gas Heating YN Yes

    Property Features

    Additional Parcels YN No Association Fee 0 Cap Rate 4.42 Common Interest None Community Features CurbsGutter(S)SuburbanSidewalks Garage YN Yes Gross Income 0 Gross Scheduled Income 84600 Insurance Expense 0 Land Lease YN Yes Laundry Features Electric Dryer HookupGas Dryer Hookup Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanConventional Net Operating Income 79200 New Construction YN No New Taxes Expense 0 Number Of Separate Gas Meters 3 Number Of Separate Water Meters 0 Number Of Units Leased 3 Operating Expense 5400 Other Equipment Satellite Dish Possession Close Of Escrow Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Total Actual Rent 7050 Trash Expense 200 Water Sewer Expense 200 Water Source Public Zoning Morh*

    Listing provided courtesy of Rob Titus of Compass


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-19T12:43:26.903. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Forss Realty Group. Licensed in the State of California, USA.
     
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