This Multifamily Property is no longer advertised on LoopNet.com.

123 S Encinitas Ave
Monrovia, CA 91016
 1990s Construction | 4% CAP Rate* | 12 Units · Multifamily Property For Sale · 12 Units

Apartment Buildings California Monrovia 123 S Encinitas Ave, Monrovia, CA 91016

INVESTMENT HIGHLIGHTS

  • Old Town Monrovia Location
  • Extensively Renovated Units to Designer Condo Specs Include In-Unit Laundry, New Kitchens and Bathrooms, and Upgraded Flooring
  • 11 Two-Car Private Garage (22 spaces), 2 Single-Car Private Garages & 5 Open Spaces
  • 4% Cap Rate* with Eligible 10% Increases after COE
  • Excellent Unit Mix of 10 (2+2’s) and 2 (3+2’s) with Large Units; ±12,720 SF Building Size
  • Walking Distance to Old Town Monrovia, Proximate to Westfield Santa Anita (Over ±1.3M SF of Retail and Dining) and Santa Anita Racetrack

PROPERTY FACTS

No. Units 12
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 0.51 AC
Building Size 12,720 SF
Average Occupancy 100%
No. Stories 2
Year Built 1990
Parking Ratio 2.28/1,000 SF
Zoning MORH* - Zoning to be verified by Buyer

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Balcony
  • Dishwasher
  • Fireplace
  • Microwave
  • Washer/Dryer
  • Heating
  • Tile Floors
  • Crown Molding
  • Kitchen
  • Refrigerator
  • Stainless Steel Appliances
  • Range
  • Tub/Shower
  • Carpet
  • Vinyl Flooring

SITE AMENITIES

  • Laundry Facilities

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+2 10 $2,463 1,010
3+2 2 $2,988 1,310

LINKS

PROPERTY TAXES

Parcel Number 8516-005-041 Improvements Assessment $4,808,280
Land Assessment $1,770,720 Total Assessment $6,579,000
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  • Listing ID: 26091348

  • Date on Market: 7/5/2022

  • Last Updated:

  • Address: 123 S Encinitas Ave, Monrovia, CA 91016

More public record information on 123 S Encinitas Ave, Monrovia, CA 91016

The Multifamily Property at 123 S Encinitas Ave, Monrovia, CA 91016 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.

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