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321 W Duarte Road, Monrovia, CA 91016

Property · 3 recorded sales since 2015

321 W Duarte Road, Monrovia, CA 91016 Sold July 2021 CRMLS
$2,150,000Sold July 2021

Listing Agent: Sean Rosenzweig (DRE #01406343) · Listing Office: Marcus & Millichap · Contact: 213-943-1800 · Bought with: Ying Jiang · CA REAL ESTATE AND FINANCE INC · MLS #21734044 · Source: CRMLS

13,577 sqft
Lot Size
1926
Year Built
Property
Type

About this property

We are pleased to present the opportunity to acquire 321 West Duarte Road, a six-unit pride-of-ownership multifamily building in the city of Monrovia, a core market in the San Gabriel Valley. The property was built in 1926/1958 and offers a strong unit mix. It is comprised of four separate buildings: one two-story duplex with two one-bedroom/one-bathroom units (one of which offers a den), and four single-story two-bedroom/one-bathroom units (one of which offers a patio). The property offers eight surface/carport parking spots and five one car garages for a total of 13 parking spots. Select units offer direct access to garages. No soft-story retrofit is required, which saves a new investor thousands in capital expenditures. Each unit has ductless mini-split air conditioning units, is individually metered for gas and electricity, and has separate water heaters. The property also offers on-site laundry. The property sits on a large 13,577 square foot lot that may offer a new investor the potential to build accessory dwelling units(ADUs). This is the Buyers responsibility to investigate.

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

Sale history

$2,150,000
Sold July 2021 · listed $2,175,000, on market May 2021 · MLS #21734044 · Source: CRMLS
Listing Agent: Sean Rosenzweig · Listing Office: Marcus & Millichap · Contact: 213-943-1800 · Bought with: Ying Jiang · CA REAL ESTATE AND FINANCE INC
$1,940,000
Sold August 2018 · listed $1,998,888, on market May 2018 · MLS #18348920 · Source: CRMLS
Listing Agent: Shant Sherbetdjian · Listing Office: Remax Commercial and Investmen · Contact: 213-817-1000 · Bought with: Jack Chang · Berkshire Hathaway HomeService
$1,400,000
Sold June 2015 · listed $1,420,000, orig. $1,320,000, on market March 2015 · MLS #WS15061419 · Source: CRMLS
Listing Agent: WINNIE WAN · Listing Office: MANDARIN REALTY COMPANY · Contact: 626-288-2332 · Bought with: MARY REINL · CENTURY 21 CITRUS REALTY INC
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