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    321 W Duarte Rd

    Monrovia, CA 91016
    • $2,175,000
    • STATUS: Pending
    • ON SITE: 30 days
    • MLS #: 21-734044
    Pending
    UPDATED: 49 min ago
    $2,175,000
    • 10
      BEDS
    • 0.31
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,121
      SQFT
    • $528
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1926
    County:
    Area:

    School Ratings & Info

    Description

    We are pleased to present the opportunity to acquire 321 West Duarte Road, a six-unit pride-of-ownership multifamily building in the city of Monrovia, a core market in the San Gabriel Valley. The property was built in 1926/1958 and offers a strong unit mix. It is comprised of four separate buildings: one two-story duplex with two one-bedroom/one-bathroom units (one of which offers a den), and four single-story two-bedroom/one-bathroom units (one of which offers a patio). The property offers eight surface/carport parking spots and five one car garages for a total of 13 parking spots. Select units offer direct access to garages. No soft-story retrofit is required, which saves a new investor thousands in capital expenditures. Each unit has ductless mini-split air conditioning units, is individually metered for gas and electricity, and has separate water heaters. The property also offers on-site laundry. The property sits on a large 13,577 square foot lot that may offer a new investor the potential to build accessory dwelling units(ADUs). This is the Buyers responsibility to investigate.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-06-19T17:42:48.86. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.desertarealuxuryhomes.com/homes/117384555
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    321 W Duarte Rd Monrovia, CA 91016

    • Price: $2,175,000
    • Status: Pending
    • Updated: 49 min ago
    • MLS #: 21-734044
    10
    Beds
    0
    Baths
    0
    ½ Baths
    0.31
    Acres
    4,121
    SQFT
    $528
    $/SQFT
    1926
    Built
    Neighborhood:
    Monrovia
    County:
    Los Angeles
    Area:
    Monrovia
    Property Description
    We are pleased to present the opportunity to acquire 321 West Duarte Road, a six-unit pride-of-ownership multifamily building in the city of Monrovia, a core market in the San Gabriel Valley. The property was built in 1926/1958 and offers a strong unit mix. It is comprised of four separate buildings: one two-story duplex with two one-bedroom/one-bathroom units (one of which offers a den), and four single-story two-bedroom/one-bathroom units (one of which offers a patio). The property offers eight surface/carport parking spots and five one car garages for a total of 13 parking spots. Select units offer direct access to garages. No soft-story retrofit is required, which saves a new investor thousands in capital expenditures. Each unit has ductless mini-split air conditioning units, is individually metered for gas and electricity, and has separate water heaters. The property also offers on-site laundry. The property sits on a large 13,577 square foot lot that may offer a new investor the potential to build accessory dwelling units(ADUs). This is the Buyers responsibility to investigate.
    Exterior Features

    Lot Size Area 13577 Other Structures None Parking Garage UncoveredGarage Total Parking 13

    Interior Features

    Baths Total 6.00 Cooling Other Equipment Other Heating Other

    Property Features

    Assessed Total Value 1978800 Gross Income 123240 Gross Operating Income 120288 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Like Units5 1 Like Units6 1 Net Operating Income 69696.00 Number Of Buildings 4 Number Of Units 6 Sale Type Standard Source Living Area Assessor Source Lot Size Area Assessor Total Annual Expense 50592 Type Of Units Residential Year Built Source Assessor Zoning Morh*

    Listing provided courtesy of Sean Rosenzweig DRE#01406343 of Marcus & Millichap.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-06-19T17:42:48.86. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    The Sandi Phillips Team | Compass
    74199 El Paseo, Suite 200
    Palm Desert CA, 92260