Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

12

Building size

10,798 sqft

Lot size

17,248 sqft

Year built

1978

Stories

2

Heating

None

Cooling

None

View

Hills

Status

Active

Days on market

15

MLS #

247099042

About this property

The subject property is a 12-unit apartment complex built in 1978 and located in Monrovia, California. Ideally situated at 425 Linwood Ave, this property offers tenants a central hub to all that Monrovia and the greater San Gabriel Valley have to offer. The improvements are built on a 17,250-square-foot lot with a total building size of 10,798 gross square feet. There is owner-owned laundry on-site. The street is primarily single family homes, is very quiet and tree lined. There are 17 on-site parking spaces provided for residents. Each well-maintained unit offers convenient access to local shopping, dining, and transportation corridors. Nestled at the foothills of the San Gabriel Mountains, the property offers proximity to major thoroughfares including the 210 and 605 Freeways, giving tenants quick access to Pasadena, Downtown Los Angeles, and surrounding employment hubs. The Monrovia submarket has experienced steady demand for quality residential rental units, driven by its vibrant community character and strong local economy.

Location

425 Linwood Avenue

Monrovia, Los Angeles, CA, 91016