203 S Madison Avenue
Monrovia, CA 91016

  • – beds
  • – baths
  • – sqft
  • ~1/2 acre lot
  • 1962 build
  • on site

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Absolute Turn-Key Asset in Prime Monrovia. Non rent control, completely rehabbed in 2018. Here is an opportunity to acquire an 11-unit apartment building in the city of Monrovia. This garden-style walk-up building was originally constructed in 1962, but has undergone a complete rehab in 2018 featuring: stainless steel appliances, remodeled bathrooms, quartz tops in kitchens and bathrooms, wood-style plank flooring, in-unit stacked washer and dryer, crown molding and recessed lighting to name a few. Unit mix on this non-rent-controlled property is comprised of ten – 2 bedroom / 1 bathroom units and one – 3 bedroom / 1.75 bathroom unit. The building has a flat, rolled composition shingle roof and concrete slab foundation. Units are individually metered for gas & electric and have individual water heaters. There are 15 total detached carport spaces: 7 single carport spaces; 4 tandem carport spaces. Please do not go on Property. Tenants do not know it is for sale.

California Regional MLS logo Listed By CRMLS_CA / KEVIN LUTZ / PASADENA MARKET CENTER

Last checked: Checking… • Last updated Apr 9, 2024 •

MLS# WS19015436 —

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Sale history

Date Event Source Price % Change
4/12/19
Sold CRMLS_CA $3,950,000 -1.0%
3/5/19
Pending CRMLS_CA $3,988,000
1/21/19
Listed / Active CRMLS_CA $3,988,000

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Multifamily Sold on 4/12/2019

$3,950,000

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Listing provided by broker:

KEVIN LUTZ

PASADENA MARKET CENTER

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California Regional MLS logo Listing Courtesy of: CRMLS_CA and PASADENA MARKET CENTER. Based on information from California Regional Multiple Listing Service, Inc. as of 23:56 on Apr 25.

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