Apartments For Sale • 4,400 SF
| 8-Unit Property Across Two Separate Parcels – Two 4-unit buildings, creating flexible exit strategies and expanded financing options. |
| Strong Rental Upside – Current average rents ~$1,700/month vs. ~$2,100+ market rents, with proven achievable increases already demonstrated. |
| No City Rent Control – Monrovia only follows California AB 1482 statewide guidelines. |
| Recent Exterior Capital Improvements – New roofs, exterior paint, and updated landscaping. |
| Excellent Parking Configuration – Each 4-unit building includes two 2-car garages plus tandem parking, providing two spaces per unit. |
| Single-Story Units – Efficient layout with front and rear access to each unit and washer/dryer room usage. |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| El Monte (San Bernardino Line - Southern California Regional Rail Authority (Metrolink)) | 14 min | - | 6.4 mi |
| Baldwin Park (San Bernardino Line - Southern California Regional Rail Authority (Metrolink)) | 14 min | - | 7.5 mi |
| Airport | Drive | Walk | Distance |
| Bob Hope | 32 min | - | 24.4 mi |
| Ontario International | 39 min | - | 29.6 mi |
| Long Beach (Daugherty Field) | 44 min | - | 33.0 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Type: | Surface |
| Included in Rent: | Yes |