Features & Amenities

Interior

Area & Lot

  • Lot Size(acres)

    0.8436

  • Property Type

    Residential Income

Exterior

  • Garage

    No

Financial

  • Sales Price

    $8,700,000

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Location

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Los Angeles

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Listing Courtesy of KEVIN HURLEY , PASADENA MARKET CENTER

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The Monterey Apartments are located at 911 Monterey Avenue in Monrovia. This meticulously maintained, 28-unit building consists of (9) 1 Bed/1 Bath units, (18) 2 Bed/1 Bath units and (1) 4 Bed/1.5 Bath Townhouse unit. This quiet, low-density property sits on 36,746 sq. ft. of land and has 24,518 sq.ft. of rentable sq. ft. This gated community has 33 carport parking spaces, 2 shared laundry rooms and a community pool. Each unit is individually metered for gas & electricity. Located on the Arcadia/Monrovia border, tenants can walk to either city and enjoy the many amenities. With a Walk Score or 82 (Very Walkable) Monterey Apartments are ideally situated to attract a wide demographic of tenants. Old Town Monrovia, the city's central hub and home to a variety of shops and dining, the subject property is located on a quiet, low-density street in Monrovia. The Metro Gold line has a stop in both Monrovia and Arcadia and each is located about 1 mile away connecting travelers from Downtown Los Angeles to Azusa. Downtown Arcadia's shops, dining and nightlight are about a 20 minute walk to the West while Old Town Monrovia a 20 minute walk to the East. The growing city's appeal has also spurred several new development projects in the area that are currently under construction.

911 Monterey Avenue

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