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Investment Property, Monrovia California

By
Real Estate Broker/Owner with Unyque Financial
Investment Property, Monrovia California





859 W. Olive Ave
Monrovia, CA 91016
Need positive monthly cash-flow in this economy

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Luna Petty
01347590


Office:626-796-7164
Mobile:909-720-6338
Website:Visit Website


Price : $670,000
Bedrooms : 7
Bathrooms : 4
Square Foot : 3,112
Lot Size : 8,460
County : Los Angeles
Property Type : Income
Year Built : 1929
MLS Number : C11042429



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Property Description
Earn instant positive cash-flow and add an excellent 3-unit investment property to your portfolio. The original property was a SFR craftsmen home which was converted into the beautiful tri-plex you see today. The owner is a licensed contractor who poured his sweat equity into the property in 2006 to create a 3bd/2bth two story front unit and a two-story duplex in the rear, each with 2bd/1bth. The front unit features a cozy porch, engineered wood floors, open kitchen with breakfast nook, full downstairs bathroom with travertine tile jacuzzi tub/shower. The master bedroom is an over-sized 20x20 with a full master bathroom and extra long closet space with mirrored doors. The rear units are comfortable and private each with their own quaint backyard and 2-car garage. With a 40-year roof put on in 2006, it isn't often you see a property this well built. Each unit has washer/dryer hook ups, separate gas, water and electric meters. You will not want to pass on the chance to own this solid investment property on the border of Arcadia/Monrovia, conveniently positioned near businesses, restaurants and the 210 freeway. Drive by Only, Do Not Disturb these long term tenants.
Features List
  • Long-term tenants
  • Rents Easily
  • Durable Flooring
  • 2-Car Garages
  • Easy to Maintain
  • All Seperate Meters
  • Washer/Dryer Hookups
  • 40-year Roof
  • Quite Street
  • Pride of Ownership
  • Wood Blinds
  • Natural Lighting
  • Functional Floorplan
  • Equal Housing Opportunity.
    Unyque Financial : 83 E. Orange Grove Blvd - Pasadena CA 91103 : 626-796-7164

    Comments (1)

    James A. Browning
    Browning Real Estate School/REO Institute - International, IT
    MRE REOCertified(R) SSCertified

    Thank you for sharing your blog; we need Real estate Professionals to share their comments and information regarding their markets and experiences. Thanks again from beautiful Colorado; Spring is here in the Rocky Mountains

    Apr 22, 2012 01:28 AM