Home | My New Listings | Marketing Your Home | Past Clients | Rehabs
Preparing for Sale | Rentals | Property Management | MLS Search
Historical Postcards | Adventure Travel & Model T Fords | Mortgage Calculator
About Norm | About Brad | About Myron

 

Just Listed! 

 

 

201 West Walnut Avenue, Monrovia - Offered at $959,000
 

3 Bedroom home with 2 Townhouse rentals.

Located on the corner of Primrose and Walnut this spectacular investment opportunity is only 1 block from the movie theatres, coffee houses and farmers market in Old Town Monrovia. This property is centrally located in the San Gabriel Valley and is less than a mile from the future Gold Line Station in Monrovia. Minutes north of the 210 freeway the property provides easy access to the 605 Freeway while only 15 minutes from Pasadena.

  • Built in 1987

  • 3 bedroom 3 bath home

  • Duplex with two 2 bedroom 1 & 1/2 bath townhomes

  • Three 2 car oversized garages

  • Central Heating and Air Conditioning

  • Full size washer and dryer hook ups

  • Custom kitchens with granite or ceramic tile countertops

  • Private patios

  • 2nd story decks with mountain views

  • Three bedroom home with 1,360 square feet of living space

  • Two bedrooms units each with 1,026 square feet of living space

  • 7,779 square foot lot (per assessor)

 

Financial Highlights

3 Bedrooms $1,995
2 Bedrooms #A $1,695
2 Bedrooms #B $1,595
Total Monthly Revenue $5,285
   
Gross Schedule Income $63,420
Vacancy Allowance (5%) $3,170
Gross Operating Income $60,250
   
Operating Expenses (actual)  
Repairs & maintenance $1,400
Landscaping $1,900
Tree Trimming $350
Water/Sewer $1,450
Common area electric $350
Trash $500
Alarm Monitoring $770
Pest Control $120
Insurance $2,950
Taxes (estimated @ 1.25%) $11,990
Total operating expenses $21,780
   
Net Operating Income $38,470

 

Drive by offer subject to inspection, Do not disturb tenants.

 

Click on the following pictures for larger images.


Kitchen

Kitchen

Living room

Living room

Entrance

Garages

Patio

Patio
 

 


 

Call me for an appointment today.

Norm Haley Real Estate
135 W. Foothill Blvd.
Monrovia, California 91016
626-791-7000

Serving the San Gabriel Valley Since 1976

Information is deemed reliable but not guaranteed.

 

Home | My New Listings | Marketing Your Home | Past Clients | Rehabs
Preparing for Sale | Rentals | Property Management | MLS Search
Historical Postcards | Adventure Travel & Model T Fords | Mortgage Calculator
About Norm | About Brad | About Myron