Investment Property, Monrovia California
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859 W. Olive Ave | |
Monrovia, CA 91016 | |
Need positive monthly cash-flow in this economy | |
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Price |
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$670,000 |
Bedrooms |
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7 |
Bathrooms |
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4 |
Square Foot |
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3,112 |
Lot Size |
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8,460 |
County |
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Los Angeles |
Property Type |
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Income |
Year Built |
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1929 |
MLS Number |
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C11042429 |
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click for more information and pictures
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Property Description |
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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.
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Features List |
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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 |
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Equal Housing Opportunity. |
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Unyque Financial :
83 E. Orange Grove Blvd -
Pasadena
CA
91103
: 626-796-7164
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