Coldwell Banker is pleased to present a 5 unit apartment listing located in Monrovia, just one block from Arcadia. This 5 Unit consist 1 - 3 bedroom/2 front house (approximately 1,390 sf) and 4 – 2 bedroom/1 bathroom (approximately 950 sf) on a T shaped residential neighborhood lot of 16,773 sq ft lot. All units have individual electric and gas meters along with individual water heaters. There are 5 single two-car garage and ample open parking. This originally kept property is great for an owner occupy investor looking a rental upside. Sellers will be doing a 1031 exchange and will be looking for a strong buyer with no loan or appraisal contingencies, ideally with a large down payment or all cash.
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