5 Units in Monrovia

Just SoldSold

864 W Walnut Ave, Monrovia, CA 91016, USA

Sold For$1,810,000$362,000/Per Unit

Just Sold, Sold

Description

Sales Price: $1,810,000
Sold $160,000 OVER List Price
$362,000 Per Unit (Highest Price Per Unit Since March 2020… We Sold That Property Too! 😀)
16.29 GRM | 3.88% CAP Rate
8 Offers Received Created Multiple Offer Bid
All-Cash Sale, 7-Day Close!

2,920 – Direct Mailers Sent to Internal Investor Database
5,471 – Emails Directly Sent to Exclusive Buyer List
12,000 – Facebook and Instagram Views
1,625 – Views on TheApartmentDealer.com
22,925 – views on LoopNet.com
4,126 – Unique Prospects on LoopNet.com
Kris Represented both the Seller and Buyer. The property was in escrow within 14 days of hitting the open market. After a multiple-offer competitive bid, the final buyer paid $160,000 over the listed price and didn’t request any repairs, credits or termite completion!

Unit Mix of:
- (1) 2-Bed/1-Bath Single-Story Cottage-Style Units
- (3) 2-Bed/1-Bath Units
- (1) 1-Bed/1-Bath Unit
4,481 Rentable Square Feet
10,635 Square Foot Lot
Tenants Enjoy Onsite Laundry Facility & Garage Parking