Prime location within a short distance to Downtown Monrovia, schools, theatres, restaurants, Night Life, Farmers Market. The address of this 10-unit property is 310 E. Lime Ave and 402 S. Canyon Blvd. The Canyon Blvd property is a free stand, 8 unit building. All the units are one bedroom, one-bath units and are currently getting between $800 and $850 per month. Located on the Lime Ave side is a 3-bedroom character home with a legal studio at the back. The house gets approx $1400 per month while the studio gets approx $500 per month. All 10 units are almost always 100% occupied. As per the seller, in 2002/2003 all the units and the house were gutted and new insulation, cooper plumbing and electrical were installed. In 2003, new roof over the free standing house was installed as per seller. Good total cash flow. Common Laundry.
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310 E Lime Ave,, Monrovia, CA, United States$1,400,000