Triplex in the heart of Monrovia's famed Old Town

$1,750,000

201-203 W Walnut Ave., Monrovia CA 91016
4.42% Cap rate $84,600 GSI 

201 Walnut detached front home • 3 bedrooms • 2 baths • 2 car attached garage • private patio • long term tenants

 

203 Walnut Units A & B each feature: • 2 Bedrooms  •  2 Bathrooms (1-full bath upstairs,1/2 downstairs) •  2 Car Garage  • Living Room • Quiet neighborhood • Yard • Private patio above garage • Walk to Old Town

 
 
 

Home Information 

Great investment opportunity!  Three units each with their own 2 car garage and laundry.  The front single family home currently renting for $2500 has 3 bedrooms with no shared walls.  The back two units are identical with 2 bedrooms and 2 baths.  Unit B has been remodeled and features wood laminate flooring.  Both units have a patio at ground level and a private rooftop loft over the garage. 

Minimal operating costs approximately $5760 annually.  Gardener is $80 per month. Water, trash and electrical to the common areas is around $480 per month.

Gross scheduled rent is $84,600.  Front house currently pays $2,500, Unit A $2200 and Unit B $2350 per month.

 

Find out more:

Email: Rob@RobTitus.com

Cell: 909.450.7415

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