Monrovia, CA 91016,727 Valley View AVE
Monrovia, CA 91016,727 Valley View AVE
Monrovia, CA 91016,727 Valley View AVE
Monrovia, CA 91016,727 Valley View AVE
Monrovia, CA 91016,727 Valley View AVE
Monrovia, CA 91016,727 Valley View AVE
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$2,250,000

$2,075,000

8.4%
Est.Price: ?

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Est. payment /mo

0.46 Acres Lot


SOLD DATE : 12/20/2019

Key Details

Sold Price $2,250,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CV19266895

Sold Date 12/20/19

HOA Y/N No

Year Built 1984

Lot Size 0.460 Acres

Property Description

Attention Investors - One of a kind multi-family investment opportunity located in North Monrovia. First time offered for sale in over 50+ years. The subject property offers an A+ location nestled in the north east section of the city (minutes to Bradbury). The unit mix is comprised of a Craftsman style single story building with 2 Units: first unit is 2 Bed/1.5 Bath + Office/3rd Bedroom with an estimated living space of 1,400 SqFt. & 2nd unit with 1 Bed/1 Bath with an estimated living space of 1,100 SqFt. The second building was built in 1984 and offers four 2 Bed/1 3/4 Bath Two-Story "Town-House" style units each with an estimated living space of 1,360 SqFt. Common Amenities for ALL 6 Units consist of Central A/C & Heat, Private Fireplaces, 2-Car Garage Parking, LARGE Private Patios/Private Yards (all units), Private Balconies (townhouse units), Automatic Dishwashers, Onsite Laundry Facility & Secured Remote Access Gated Entry. A new investor will enjoy a matchless multi-family property, located in an exclusive residential neighborhood, and most importantly, a lucrative financial opportunity priced at 14.27 GRM with a CAP Rate of 4.73%. Location, Cash-Flow, Pride of Ownership!

Location

State CA

County Los Angeles

Area 639 - Monrovia

Zoning MORM*

Interior

Heating Central

Cooling Central Air

Fireplaces Type Family Room, Living Room, Master Bedroom

Fireplace Yes

Laundry Common Area

Exterior

Garage Spaces 8.0

Garage Description 8.0

Pool None

Community Features Curbs, Gutter(s), Sidewalks

Total Parking Spaces 15

Private Pool No

Building

Lot Description 6-10 Units/Acre

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 8518035025

Energy Description 238.0

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by KRISTOPHER GERMAN • RE/MAX 2000
Bought with KRISTOPHER GERMAN • RE/MAX 2000
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"Guiding clients through San Diego County's real estate market: tailored solutions for selling, investing, and finding your dream property. Call me today!"

+1(619) 733-4485

freddie@freddiebustria.com

8702 La Mesa Blvd, La Mesa, CA, 91942, USA

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