Description

This 6-unit residential income property is located in a prime Monrovia location just blocks from Old Town, Library Park, shopping, dining, entertainment, schools, and public transportation. This convenient location is always high in demand with stable tenancy. On the approx. 9,000 sq ft lot, there are 2 structures totaling 4,290 sq ft of living space. In the front is a large 2-story building consisting of 5 units. Upstairs is a spacious 4-bed, 2.5-bath single-level unit with approx. 1,575 sq ft of living space. Downstairs are 4 studio units. Down the long driveway in the rear of the property is the second structure, which is a single-level 2-bed, 1-bath unit with approx. 825 sq ft of living space and an attached 2-car garage and private patio. Various improvements have been made to the units (interior & exterior) in recent years, including a full remodel of one of the units, a new roof for the rear unit, resurfacing the driveway, some new windows and new paint. There is sufficient on-site parking for all units in the driveway and rear parking area.