327 W Lemon Avenue, Monrovia, CA 91016

$995,000

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List Price
$995,000
Price Change
▼ $105,000 1785125447
Status
ACTIVE
MLS#
AR26147075
Year Built
1906
Lot Size
8,076
Acres
0.19
Lot Location
2-5 Units/Acre
Days on Market
13
Property Type
Multifamily
Property Sub Type
Triplex
Stories
One Level

Property Description

Location, Location, Location! Exceptional investment opportunity in the heart of Monrovia! Just moments from vibrant Old Town Monrovia, with its popular restaurants, shops, parks, and year-round community events, this well-located triplex also offers quick and convenient access to the 210 Freeway, making it highly desirable for tenants. The property features an excellent unit mix consisting of Unit 1: 2 bedrooms, 1.5 bathrooms; Unit 2: 1 bedroom, 1 bathroom; and Unit 3: 2 bedrooms, 1 bathroom, providing strong rental appeal and outstanding income potential. Whether you're looking to expand your investment portfolio or own an income-producing property in one of the San Gabriel Valley's most sought-after neighborhoods, this is an opportunity you won't want to miss. Prime location and close proximity to everything Monrovia has to offer make this a standout investment. Please do not disturb the tenants or walk onto the property.

Additional Information

Appliances
Gas Oven
Pool Description
None
Heat
Floor Furnace
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
View
Meadow
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
Interior Features
All Bedrooms Down
Attached Structure
Attached
Number Of Units Total
3
Gross Scheduled Income
$78,672
Operating Expense
20469

Listing courtesy of Listing Agent: Nathalie Abdoyan (natonat36@gmail.com) from Listing Office: Berkshire Hathaway Golden Prop.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.