321 W Duarte RD Monrovia, CA 91016

We are pleased to present the opportunity to acquire 321 West Duarte Road, a six-unit pride-of-ownership multifamily building in the city of Monrovia, a core market in the San Gabriel Valley. The property was built in 1926/1958 and offers a strong unit mix. It is comprised of four separate buildings: one two-story duplex with two one-bedroom/one-bathroom units (one of which offers a den), and four single-story two-bedroom/one-bathroom units (one of which offers a patio). The property offers eight surface/carport parking spots and five one car garages for a total of 13 parking spots. Select units offer direct access to garages. No soft-story retrofit is required, which saves a new investor thousands in capital expenditures. Each unit has ductless mini-split air conditioning units, is individually metered for gas and electricity, and has separate water heaters. The property also offers on-site laundry. The property sits on a large 13,577 square foot lot that may offer a new investor the potential to build accessory dwelling units(ADUs). This is the Buyers responsibility to investigate.