530 Fano St - Multi-Family FOR SALE


Monrovia, CA 91016
$9,980,000 USD
626-524-2902
530 Fano St, Monrovia, CA for Sale
$9,980,000 USD
Multi-Family - FOR SALE
1/30
null | 3.82% Cap Rate

530 Fano St
Monrovia, CA 91016


OVERVIEW

This is a rare opportunity to acquire a fully leased 12-unit luxury condominium property located in the highly desirable city of Monrovia, California. Originally built and subdivided as for-sale condos, each unit is individually mapped with its own APN, offering a unique investment structure that combines strong cash flow with flexible exit strategies. In addition to income from the 12 primary units, the property also includes an additional studio unit that generates supplementary rental income—boosting overall returns and offering further upside. Located in Monrovia, a high-demand foothill community with charming neighborhoods, strong schools, and proximity to the Metro Gold Line, the property is minutes from Old Town Monrovia, Huntington Drive retail corridor, and freeway access. Monrovia continues to see high rent demand and strong condo sale prices, supported by limited new supply and rising homeownership interest.

FOR SALE DETAILS

PRICE

$9,980,000 USD

PRICE/SF

$594 USD /SF

# OF UNITS

12

PRICE/UNIT

$831,667

CAP RATE

3.82%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2018

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

8507-012-099,8507-012-100,8507-012-101,8507-012-102,8507-012-103,8507-012-104,8507-012-105,8507-012-106,8507-012-107,8507-012-108,8507-012-109,8507-012-110

ASK ABOUT THIS PROPERTY

Janet ChanAdvanta Properties Inc.More Info
626-524-2902

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Janet ChanAdvanta Properties Inc.More Info
626-524-2902

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.