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$1,250,000
Est. payment /mo
7,492 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID AR26132822
HOA Y/N No
Year Built 1951
Lot Size 7,492 Sqft
Property Sub-Type Quadruplex
Property Description
This fully occupied, single-story fourplex presents an exceptional, low-maintenance addition to any investment portfolio. Comprising four identical one-bedroom, one-bathroom units, each residence offers 550 square feet of efficiently designed living space featuring a spacious living room, a dedicated dining area, and a fully equipped kitchen. Demonstrating pride of ownership, three of the four units have been tastefully updated with modern shaker cabinetry, elegant quartz countertops, newer appliances, custom tiled showers, new light fixtures, and gleaming hardwood floors. The property includes highly desirable tenant amenities, featuring a convenient community coin-operated laundry room alongside four garage spaces supplemented by tandem parking to comfortably provide two dedicated parking spaces per unit. Investors will benefit from significant recent capital improvements that minimize immediate upkeep costs and preserve long-term value, including a newer roof, fresh exterior paint, and updated landscaping that enhances the property's overall curb appeal. With a stable tenant base and strong rental upside, this asset delivers immediate, turnkey cash flow from day one.
Location
State CA
County Los Angeles
Area 639 - Monrovia
Interior
Cooling Wall/Window Unit(s)
Fireplace No
Laundry Common Area
Exterior
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Sidewalks
Total Parking Spaces 8
Private Pool No
Building
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 8505012034
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
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Listed by Espi Bagwell Keller Williams Realty 626-824-2267, DRE #01168881
NEARBY SCHOOL & BUSINESS
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