713 W Colorado Blvd - Apartments FOR SALE


Monrovia, CA 91016
$1,100,000 USD
310-207-2288
713 W Colorado Blvd, Monrovia, CA for Sale
$1,100,000 USD
Apartments - FOR SALE
1/66
null | 2.81% Cap Rate

713 W Colorado Blvd
Monrovia, CA 91016


HIGHLIGHTS

  • Trust Sale. No Court confirmation required.
  • Duplex approx. 1,544 Sq. ft. on a large lot approx. 7,470 sq. ft., zoned MORM
  • Potential for future development.
  • Each unit is a 2 bed 1 bath unit with washer & dryer hook ups in each unit and are separately metered for gas & electricity
  • 2 car garage and shed at the backyard.
  • Property is vacant and will be delivered vacant at close of escrow.

OVERVIEW

Trust Sale. No Court confirmation required. For Sale after 43 years! Rare opportunity to own a Duplex approx. 1,544 Sq. ft. on a large lot approx. 7,470 sq. ft., zoned MORM, located in the City of Monrovia, just north of the I-210, bordering Arcadia. Potential for future development. Each unit is a 2 bed 1 bath unit with washer & dryer hook ups in each unit and are separately metered for gas & electricity. 2 car garage and shed at the backyard. Sold AS IS & Where IS, with all faults, and without warranty, express or implied. Property is vacant and will be delivered vacant at close of escrow. Buyer to assume all responsibilities. Minutes away from schools, restaurants, shopping center, entertainment, and I-210. Seller will not be responsible for any repairs, inspection reports, termite work, and mandatory government retrofit requirements prior to close. Buyer to conduct their own investigations and assume all responsibilities for making the necessary repairs to the property. Seller is an independent fiduciary, not related to the family, and cannot make any representations as to the condition, history of the subject property. OPEN Sun., Feb 9 from 1:00pm - 2:00pm

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$712 USD /SF

# OF UNITS

2

PRICE/UNIT

$550,000

CAP RATE

2.81%

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1952

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,470 SF

ZONING

MORM*

APN/PARCEL ID

8505-023-003

ASK ABOUT THIS PROPERTY

Vinny JainIngenious Asset GroupMore Info
310-207-2288

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Vinny JainIngenious Asset GroupMore Info
310-207-2288

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.