Est. cap rate

3.2%

Assumed rent, all units

$7,290/mo

Units

3

Price per unit

$456,000

Est. annual NOI

$43,740

Expense assumption

50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type

Triplex

Bedrooms

3

Building size

2,571 sqft

Lot size

9,243 sqft

Year built

1954

Stories

1

Garage spaces

3

Heating

Wall Furnace

Cooling

Wall/Window Unit(s)

Pool

None

View

None

Status

Active

Days on market

0

MLS #

249115577

About this property

Tucked into a highly sought after North Monrovia neighborhood, this single-story charming triplex offers an excellent opportunity for both investors and owner occupants. Located just moments from the shops, dining, and vibrant community atmosphere of Old Town Monrovia, Great 3-Unit investment opportunity is located in a desirable area of North Monrovia. The front unit features 2 bedrooms, 1 bathroom, eat in kitchen and spacious living room. The second unit has 2 bedrooms and 2 bathrooms, eat in kitchen plus dining area and living room. The third unit is a studio with 1 bathroom & 1 bathroom and kitchen. Additionally there are porches and patios conveniently located throughout the property. Also included in this property is a 3 car garage (with laundry hookups) and 3 parking spaces. Conveniently located near public transportation, shopping center and parks. Great opportunity for investor, Rent increase potential.....

Location

835 E Foothill Boulevard

Monrovia, Los Angeles, CA, 91016