Get the App

117 S S Ivy Avenue, Monrovia, CA 91016

Commercial property · 2 recorded sales since 2021

117 S S Ivy Avenue, Monrovia, CA 91016 Sold September 2021 CRMLS
$2,900,000Sold September 2021

Listing Agent: Deena Willis (DRE #01354143) · Listing Office: RE/MAX Top Producers · Contact: (909) 590-8853 · Bought with: Luther Tsinoglou · Deasy Penner Podley · MLS #P1-5795 · Source: CRMLS

6,620
Building Sq Ft
$118,290
NOI
1961
Year Built
Commercial property
Type

About this commercial property

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.

Listing description from the September 2021 sale, as reported to CRMLS.

Sale history

$2,900,000
Sold September 2021 · on market July 2021 · MLS #P1-5795 · Source: CRMLS
Listing Agent: Deena Willis · Listing Office: RE/MAX Top Producers · Contact: (909) 590-8853 · Bought with: Luther Tsinoglou · Deasy Penner Podley
$2,900,000
Sold September 2021 · on market July 2021 · MLS #P1-5890 · Source: CRMLS
Listing Agent: Deena Willis · Listing Office: RE/MAX Top Producers · Contact: (909) 590-8853 · Bought with: Luther Tsinoglou · Deasy Penner Podley
See homes for sale in Monrovia Open the Nalren App

Explore Monrovia