Monrovia, CA 91016,911 Monterey AVE
Monrovia, CA 91016,911 Monterey AVE
Monrovia, CA 91016,911 Monterey AVE
3
$8,040,000
$8,700,000
7.6%
Est.Price: ?

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0.84 Acres Lot

911 Monterey AVE Monrovia, CA 91016

Est. payment /mo
SOLD DATE : 11/10/2020

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Key Details

Sold Price $8,040,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID WS20182961

Sold Date 11/10/20

HOA Y/N No

Year Built 1963

Lot Size 0.840 Acres

Acres 0.84

Property Description

The Monterey Apartments are located at 911 Monterey Avenue in Monrovia. This meticulously maintained, 28-unit building consists of (9) 1 Bed/1 Bath units, (18) 2 Bed/1 Bath units and (1) 4 Bed/1.5 Bath Townhouse unit. This quiet, low-density property sits on 36,746 sq. ft. of land and has 24,518 sq.ft. of rentable sq. ft. This gated community has 33 carport parking spaces, 2 shared laundry rooms and a community pool. Each unit is individually metered for gas & electricity. Located on the Arcadia/Monrovia border, tenants can walk to either city and enjoy the many amenities. With a Walk Score or 82 (Very Walkable) Monterey Apartments are ideally situated to attract a wide demographic of tenants. Old Town Monrovia, the city's central hub and home to a variety of shops and dining, the subject property is located on a quiet, low-density street in Monrovia. The Metro Gold line has a stop in both Monrovia and Arcadia and each is located about 1 mile away connecting travelers from Downtown Los Angeles to Azusa. Downtown Arcadia's shops, dining and nightlight are about a 20 minute walk to the West while Old Town Monrovia a 20 minute walk to the East. The growing city's appeal has also spurred several new development projects in the area that are currently under construction.

Location

State CA

County Los Angeles

Area 639 - Monrovia

Zoning MOPD*

Rooms

Ensuite Laundry Common Area

Interior

Laundry Location Common Area

Fireplace No

Laundry Common Area

Exterior

Pool Community

Community Features Curbs, Pool

Private Pool No

Building

Lot Description Street Level

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 8506033002

Energy Description 7417.0

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by KEVIN HURLEY • PASADENA MARKET CENTER
Bought with KEVIN LUTZ • PASADENA MARKET CENTER

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Andy Cleaves

Broker Associate | License ID: 01383386

+1(951) 732-7122

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