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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



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.
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 | Building Class | B |
| Price Per Unit | $518,000 | Lot Size | 0.35 AC |
| Sale Type | Investment | Building Size | 6,339 SF |
| No. Units | 5 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1986 |
| Property Subtype | Apartment | Parking Ratio | 0.87/1,000 SF |
| Apartment Style | Townhome | ||
| Zoning | MORM* - MORM* | ||
| 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 |
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PROPERTY TAXES
| Parcel Number | 8509-009-012 | Improvements Assessment | $685,249 |
| Land Assessment | $386,637 | Total Assessment | $1,071,886 |
PROPERTY TAXES
Parcel Number
8509-009-012
Land Assessment
$386,637
Improvements Assessment
$685,249
Total Assessment
$1,071,886
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1835 S Alta Vista Ave | 1835 S Alta Vista Ave
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