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Listed by Espi Bagwell • Keller Williams Realty
$1,250,000
Est. payment /mo
2,200 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,200 sqft
Price per Sqft $568
MLS Listing ID AR-26132822
Year Built 1951
Lot Size 7,491 Sqft
Property Sub-Type Quadruplex
Source California Regional Multiple Listing Service (CRMLS)
Property Description
This fully occupied, single-story fourplex presents an exceptional, low-maintenance addition to any investment portfolio. Comprising four identical one-bedroom, one-bathroom units, each residence offers 550 square feet of efficiently designed living space featuring a spacious living room, a dedicated dining area, and a fully equipped kitchen. Demonstrating pride of ownership, three of the four units have been tastefully updated with modern shaker cabinetry, elegant quartz countertops, newer appliances, custom tiled showers, new light fixtures, and gleaming hardwood floors. The property includes highly desirable tenant amenities, featuring a convenient community coin-operated laundry room alongside four garage spaces supplemented by tandem parking to comfortably provide two dedicated parking spaces per unit. Investors will benefit from significant recent capital improvements that minimize immediate upkeep costs and preserve long-term value, including a newer roof, fresh exterior paint, and updated landscaping that enhances the property's overall curb appeal. With a stable tenant base and strong rental upside, this asset delivers immediate, turnkey cash flow from day one.
Location
State CA
County Los Angeles
Area 639 - Monrovia
Interior
Laundry Community
Exterior
Garage Spaces 4.0
Pool None
Community Features Sidewalks
Building
Lot Description Lot 6500-9999
Sewer Public Sewer
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John R Thompson
Broker/Owner | License ID: 01200900
Broker/Owner License ID: 01200900