916 W Duarte new Save Request In-Person Tour Request Virtual Tour
Monrovia,CA 91016
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRCV25241288
Year Built 1984
Lot Size 0.279 Acres
Property Description
Prime 6-Unit Investment Opportunity in Monrovia - Bordering Arcadia! When it comes to real estate, LOCATION is everything-and this 6-unit complex in the heart of Monrovia delivers on every front. Just minutes from Arcadia, this property sits in a highly desirable neighborhood surrounded by shopping, dining, schools, the Santa Anita Race Track, City of Hope, major freeways, and convenient transportation hubs. Each unit has 3 bedrooms, 2 bathrooms and spacious floorplans. This is a rare opportunity to acquire an income-producing asset in one of the San Gabriel Valley's most stable and sought-after rental markets. Each unit is thoughtfully designed with central air & heat, in-unit laundry hookups, most with a fireplace, balcony & enclosed patio. Each unit has an attached 2-car garage-a true luxury for tenants and a major boost for investor appeal. The property also features a concrete driveway, guest parking, and shared trash service. With strong rental demand and outstanding tenant amenities, this property offers both immediate cash flow and long-term growth potential. Savvy investors take note - opportunities like this in Monrovia's prime corridor rarely come to market!
Location
State CA
County Los Angeles
Area 639 - Monrovia
Interior
Heating Central Forced Air
Cooling Central AC
Laundry Other
Exterior
Parking Features Assigned Spaces
Garage Spaces 13.0
Pool None
Building
Water District - Public
Others
Special Listing Condition Not Applicable