Annie Wong - Commercial Real Estate Showcase

Annie Wong Property Listings
A & K Finance Inc.
19 E Live Oak Ave
Suite H
Arcadia, CA 91006-5281
(626) 821-1919


DetailMap
123 W Cypress Avenue

Monrovia, CA 91016 - Monrovia MF Submarket


Property Type:Multi-Family Number of Units:6 Status:Existing Year Built:1964
Stories:2 Building Size:11,154 SF Land Area:.22 AC (9,396 SF)
For Sale Price:$1,680,000 Price/Unit:$280,000.00 Cap Rate:3.50 % GRM:-

Parking:-



Sale Notes:
LOCATION! LOCATION! LOCATION! PRICED FOR A QUICK SALE! VERY WELL MAINTAINED 6 UNIT APARTMENT WITH 1 ATTACHED GARAGE AND 5 CARPORTS. CENTRALLY LOCATED IN THE SAN GABRIEL VALLEY MINUTES NORTH OF THE 210 FREEWAY AND CLOSE TO THE NEW GOLD LINE STATION IN MONROVIA. MINUTES FROM OLD TOWN MONROVIA AND ARCADIA. CLOSE TO HUNTINGTON DR., BUS STOPS, RESTAURANTS, FRIDAY NIGHT FARMERS MARKET, SUPERMARKETS AND ALL KINDS OF SHOPS. THERE ARE 4 UNITS WITH 2 BEDS / 1 BATH AND 2 UNITS WITH 1 BED / 1 BATH. ALL UNITS ARE VERY CLEAN, WELL MAINTAINED AND SPACIOUS. 2 OF THE UNITS EXTENSIVELY REMODELED. EACH UNIT HAS A PRIVATE YARD OR BALCONY FOR THE WEEKEND BARBECUE.

ON SITE LAUNDRY WHICH GENERATES EXTRA INCOME FOR THE LANDLORD. LONG TERM TENANTS WITH MONTH TO MONTH LEASE. RENTS ARE WELL BELOW MARKET. HUGE UPSIDE POTENTIAL. NO RENT CONTROL. PROPERTY TO BE SOLD "AS IS". DRIVE BY ONLY. DO NOT TALK TO TENANTS.
NORTH OF 210 AND SOUTH OF HUNTINGTON DR. BETWEEN MYRTLE AND MAYFLOWER.

A & K Finance Inc.
Annie Wong
(626) 821-1919




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