We are proud to present this exceptionally clean, low-maintenance 7-unit apartment complex, ideally located in one of North Monrovia's most desirable neighborhoods just east of the Old Town area. This rare pride-of-ownership multifamily opportunity consists of three buildings--a main 5-unit building and two detached bungalow units--offering an attractive and flexible unit mix with strong tenant appeal.The property features three 1-bedroom/1-bath units, two 2-bedroom/1-bath units, and two spacious 2-bedroom/2-bath units. The 1-bedroom and 2-bedroom/1-bath units each include a single-car garage and share a common on-site laundry room, which also provides additional income. The 2-bedroom/2-bath bungalow units were constructed from the ground up approximately five years ago and offer modern amenities including in-unit stacked washer and dryers, forced air heating and central air conditioning, tankless water heaters, and fully paid solar systems--helping reduce operating costs while enhancing tenant comfort. One bungalow also features a large private fenced patio.The 2-bedroom/1-bath units have been thoughtfully upgraded with mini-split heating and air conditioning systems along with numerous additional improvements throughout the property. The main building includes upgraded electrical panels, five single-car garages, and consistent maintenance that reflects years of careful ownership.Located in a high-performing rental market with an exceptional long-term occupancy history, the property offers a quiet residential environment while remaining conveniently close to shopping, dining, parks, schools, and major commuter routes. This is truly one of the best-condition multifamily assets available in the surrounding area.An uncommon level of operational transparency is provided, with complete rent rolls and detailed historical documentation available, giving buyers confidence in underwriting and long-term performance.
5,094 Sq Ft
0.3331 Private Acres Lot Size
investment
US$23,183 Annual Tax
Built in 1948
MLS/Listing ID P1-26034
2 Stories
7 Units
Lot - Desert Back
Parking - Side-by-side
Lot - Garden
Lot - Greenbelt
Lot - Irregular Lot
Lot - Landscaped
Lot - Level
Lot - Near Park
Lot - Near Public Transit
Lot - No Sprinklers
Lot - Rocks
Lot - Street Level
Lot - Walkstreet
Electric Dryer Hookup
Gas Dryer Hookup
Inside
Laundry Room
Stacked
Washer Hookup
Bedroomon Main Level
Built-in Features
Ceramic Countertops
Quartz Countertops
Recessed Lighting
Solid Surface Counters
Storage
HVAC
Lighting
Parking - One Space
Parking - On Site
Parking - Off Street
Parking - Garage Faces Rear
Parking - Garage
Parking - Door Single
Double Pane Windows
Lot - Desert Front
Lot - Front Yard
Composition
Shingle
Style - Traditional
Community - Suburban
Community - Street Lights
Community - Sidewalks
Community - Park
Community - Gutters
Community - Foothills
Construction - Synthetic Stucco
Construction - Stucco
Construction - Frame
Cooling - Central Air
Rain Gutters
Wrought-iron
Grapestake
Good Condition
Tile
Laminate
Slab
Heating - Solar
Heating - Forced Air
Windows
Water Heater
Parking
Washer
Vented Exhaust Fan
Tankless Water Heater
Refrigerator
Range Hood
Gas Water Heater
Gas Range
Electric Range
TOTAL MONTHLY COST
US$0
US$0
US$0