$2,900,000
$2,900,000
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117 S S Ivy AVE Monrovia, CA 91016
6,620 SqFt
Key Details
Sold Price $2,900,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,620 sqft
Price per Sqft $438
MLS Listing ID P1-5890
Sold Date 09/15/21
Construction Status Updated/Remodeled,Turnkey
HOA Y/N No
Year Built 1961
Lot Size 0.260 Acres
Acres 0.26
Property Description
Fabulous Opportunity to acquire 8 pristine units in the Heart of Monrovia. This was built in 1961 on an 11,169 sq ft. lot. The building is a total of 6,620 sq. feet. With a common area courtyard in the middle. 7 apartments are spacious 2 bed 1 bath units and 1 is a 1 bed 1 bath. They have all been upgraded and are light and bright with solid surface counters, white or maple cabinets, newer lighting and fans, closet organizers and tile or high grade wood laminate flooring. White 2'vinyl blinds are set in every window and all kitchens are fitted with a Dishwasher, Stove, Microwave and Refrigerator. Each unit has 1 covered parking spot and there is an onsite laundry room with two coin operated washers and dryers. 5 units have central heat and 3 apartments have wall unit AC and Heaters. A New Central hot water heater was installed in December 2020 and the building is outfitted with copper plumbing. Each unit is separately metered for gas and electric. New Exterior L.E.D. Lighting has been installed at each unit entry and each side of the main walkway. This building is located 1-2 blocks from the Post office, grocery store, coffee shops, gym, police station, downtown Monrovia, Clifton middle school, banking, library, parks, city hall and much more. This building is a solid money maker with rare vacancy. All tenants are current.
Location
State CA
County Los Angeles
Area 639 - Monrovia
Rooms
Ensuite Laundry Common Area
Interior
Laundry Location Common Area
Heating Wood, Wall Furnace
Flooring Laminate, See Remarks, Tile, Wood
Fireplaces Type None
Fireplace No
Appliance Dishwasher, Gas Range, Microwave, Refrigerator, Water Heater
Laundry Common Area
Exterior
Fence None
Pool None
Community Features Biking, Curbs, Foothills
View Y/N Yes
View Mountain(s)
Roof Type Composition
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story Two
Entry Level Two
Water Public
Level or Stories Two
Construction Status Updated/Remodeled,Turnkey
Others
Senior Community No
Tax ID 8516006022
Energy Description 1172.0
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash to Loan
Special Listing Condition Standard
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Bought with Luther Tsinoglou • Deasy Penner Podley