201 & 203 A & B West Walnut, Monrovia – Offered at $995,000

Investment Opportunity

Located on the corner of Primrose and Walnut this spectacular investment opportunity is only 1 block from the movie theaters, 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 form 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 Bedrooms
  • 3 Bathrooms
  • Duplex with two 2 Bedroom 1 & 1/2 bath town homes
  • Three 2 car oversized garages
  • Central Heat and Air Conditioning
  • Full size washer dryer hook ups
  • Custom Kitchens with granite or ceramic tile countertops
  • Private patios
  • 2nd story decks with mountain views
  • Three bedroom home with 1,026 sq. ft. of living space
  • Two bedrooms units each with 1,360 sq. ft. of living space
  • 7,779 sq. ft. lot (per assessor)

Financial Highlights

Current Rents

3 Bedroom$2,185

2 Bedroom #A$1,690

2 Bedroom #B$1,775

Total Monthly Revenue$5,650


Gross Scheduled Income$67,800

Vacancy Allowance (5%)$3,390

Gross Operating Income$64,410


2014 Operating Expenses (actual)

Repairs and maintenance$1,328



Common area electric$616



Taxes (estimated @ 1.25%)$12,438

Total Operating Expenses$20,010


Net Operating Income$44,400


Drive by only. Offer subject to inspection.
Do not disturb tenants