512 E. Foothill Blvd.
512 E. Foothill Blvd., Monrovia – Offered at $849,000
Monrovia Investment Opportunity
Spectacular investment opportunity in north Monrovia only four blocks from Old Town Monrovia. This property is centrally located in the San Gabriel Valley just minutes north of the 210 Freeway with easy access to the 605 Freeway while only 15 minutes from Pasadena. Featuring two 1200 square foot 2 bedroom 2 bath units this duplex offers everything a resident is looking for including central air conditioning, 2 car garage for each unit, full size washer dryer hook-ups, private patios and open single level floor plans.
Current Monthly Rents
2 Bedroom 2 bath unit A$1,895
2 Bedroom 2 bath unit B$1,795
Total Monthly Revenue$3,690
Gross Scheduled Income$44,280
Vacancy Allowance (2%)$885
Gross Operating Income$43,395
2014 Operating Expenses (actual)
Repairs and maintenance$1,465
Taxes (estimated @ 1.2%)$10,190
Total Operating Expenses$15,155
Net Operating Income$28,240
Drive by only. Offer subject to interior inspection.
Do not disturb tenants