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790 Ferrari Ln

Ontario, CA 91764

1 909 294 2593

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14 Units in Monrovia

123 N Myrtle Ave, Monrovia, CA 91016, USA
Sold for$4,250,000$303,571/Per Unit

Description

SALE HIGHLIGHTS

  • Sales Price: $4,250,000
  • 16.26 GRM | 3.97% CAP Rate
  • Sold $75,000 Over List Price
  • No Loan or Appraisal Contingencies
  • 3 Units Vacant at the Close of Escrow
  • Seller Had Option to Extend Escrow to Accommodate 1031-Exchange

HOW DID WE DO IT?

  • 26,030 – Views on Facebook & Instagram Advertising
  • 5,200 – Marketing Emails Sent
  • 3,850 – Marketing Brochures Sent to Prospective Buyers
  • 1,612 – Views of Property Highlight Video
  • BOTTOM LINE – 6 Offers Received in 21 Days = Sold Over List Price!

PROPERTY HIGHLIGHTS

  • Unit Mix Consists of:
    • (2) 2-Bed/1 1/2-Bath Townhouse-Style Units
    • (12) 2-Bed/1-Bath Units
  • 15.540 Rentable SF
  • 21,224 SF Total Lot (2 Side-by-Side Parcels)
  • Each Unit Offers a Private Balcony or Patio
  • Tenants Enjoy Onsite Carport Parking & Onsite Laundry Facility
  • Units Individually Metered For Electricity & Gas
  • Prime Location – Less Than 1 Block North of Downtown Monrovia
  • Walking Distance to Dining, Entertainment & Public Transit
  • Address: 123 & 125 N Myrtle Ave
  • City: Monrovia
  • State/county: California
  • Zip/Postal Code: 91016
  • Country: United States

Detail

Updated on February 11, 2021 at 12:21 pm

  • Price: Sold for $4,250,000
  • Property Size: 15540 SqFt
  • Land Area: 21224 SqFt
  • Year Built: 1962
  • Property Type: Multi Family
  • Property Status: Just Sold, Sold

Additional details

  • # of Units: 14
  • Unit Mix: 2 (2+1.5), 12 (2+1)
  • Zoning: MORH*
  • Close of Escrow: 02-10-2021

Video

WalkScore

walkscore81 / Very Walkable more details here

Contact info

Kristopher German
Kristopher German
(909) 294-2593(909) 645-0443
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