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1835 S Alta Vista Ave 1835 S Alta Vista Ave 5 Unit Apartment Building $2,590,000 ($518,000/Unit) Monrovia, CA 91016

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INVESTMENT HIGHLIGHTS

  • Five spacious townhome units, each featuring 2 bedrooms, 2 bathrooms, private front and rear balconies.
  • Potential to remodel units and add square footage. Opportunity to condo map and sell units individually
  • Private rear patios, and attached two-car garages
  • Strategically located just 0.5 miles from Station Square Park and Metro Rail, and 2.3 miles from City of Hope along Duarte Road.

EXECUTIVE SUMMARY

NBCRE Investments is pleased to present 1835 S Alta Vista Avenue, Monrovia, CA — a rare pride-of-ownership townhome investment opportunity.
This exceptional offering consists of five spacious townhome units, each featuring 2 bedrooms, 2 bathrooms, private front and rear balconies, private rear patios, and attached two-car garages. The property is a unique standalone building, ideal for investors seeking strong fundamentals with significant upside potential. Value-Add Opportunity: Potential to remodel units and add square footage Opportunity to condo map and sell units individually
Strategically located just 0.5 miles from Station Square Park and Metro Rail, and 2.3 miles from City of Hope along Duarte Road, the property offers convenience and strong tenant appeal. It's also easily accessible via major freeways and public transit lines. Don't miss this unique investment opportunity in a highly desirable Monrovia location.

PROPERTY FACTS

Price $2,590,000
Price Per Unit $518,000
Sale Type Investment
No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Townhome
Building Class B
Lot Size 0.35 AC
Building Size 6,339 SF
No. Stories 2
Year Built 1986
Parking Ratio 0.87/1,000 SF
Zoning MORM* - MORM*

AMENITIES

UNIT AMENITIES

  • Balcony
  • Washer/Dryer Hookup
  • Kitchen
  • Carpet
  • Patio

SITE AMENITIES

  • Walk-Up

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1.5 5 $2,500 1,268

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
8509-009-012
Land Assessment
$386,637
Improvements Assessment
$685,249
Total Assessment
$1,071,886
  • Listing ID: 36013922

  • Date on Market: 5/28/2025

  • Last Updated:

  • Address: 1835 S Alta Vista Ave, Monrovia, CA 91016

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