117 S S Ivy Avenue
117 S S Ivy Avenue
117 S S Ivy Avenue
117 S S Ivy Avenue
117 S S Ivy Avenue
117 S S Ivy Avenue
117 S S Ivy Avenue
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117 S S Ivy Avenue
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117 S S Ivy Avenue

117 S S Ivy Avenue, Monrovia, CA 91016

$2,900,000
Fabulous Opportunity to acquire 8 pristine units in the Heart of Monrovia. This was built in 1961 on an 11,169 sq ft. lot. The building is a total of 6,620 sq. feet. With a common area courtyard in the middle. 7 apartments are spacious 2 bed 1 bath units and 1 is a 1 bed 1 bath. They have all been upgraded and are light and bright with solid surface counters, white or maple cabinets, newer lighting and fans, closet organizers and tile or high grade wood laminate flooring. White 2'vinyl blinds are set in every window and all kitchens are fitted with a Dishwasher, Stove, Microwave and Refrigerator. Each unit has 1 covered parking spot and there is an onsite laundry room with two coin operated washers and dryers. 5 units have central heat and 3 apartments have wall unit AC and Heaters. A New Central hot water heater was installed in December 2020 and the building is outfitted with copper plumbing. Each unit is separately metered for gas and electric. New Exterior L.E.D. Lighting has been installed at each unit entry and each side of the main walkway. This building is located 1-2 blocks from the Post office, grocery store, coffee shops, gym, police station, downtown Monrovia, Clifton middle school, banking, library, parks, city hall and much more. This building is a solid money maker with rare vacancy. All tenants are current.

6,620 Sq.Ft. LIVING AREA

0.26 Acres lot

Luther Tsinoglou

Luther Tsinoglou

Features & Amenities

Interior

  • Laundry room Common Area
  • Flooring Laminate, See Remarks, Tile, Wood
  • Fireplace None
  • APPLIANCES Dishwasher, Gas Range, Microwave, Refrigerator, Water Heater

Area & Lot

  • Status Sold
  • Living Area6,620 Sq.Ft.
  • Lot Area0.26 Acres
  • MLS® IDP1-5890
  • TypeMulti-Family
  • YEAR BUILT1961
  • View DescriptionMountain(s)

Exterior

  • STORIES2
  • water SourcePublic
  • PoolNone
  • roofComposition
  • lot features0-1 Unit/Acre
  • HEAT TYPEWood, Wall Furnace
  • SubstructureStucco
  • HOA AmenitiesBiking, Curbs, Foothills

Financial

  • Sales Price$2,900,000

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