512 E. Foothill Blvd., Monrovia – Offered at $849,000

Monrovia Investment Opportunity

Spectacular investment opportunity in north Monrovia only four blocks from Old Town Monrovia. This property is centrally located in the San Gabriel Valley just minutes north of the 210 Freeway with easy access to the 605 Freeway while only 15 minutes from Pasadena. Featuring two 1200 square foot 2 bedroom 2 bath units this duplex offers everything a resident is looking for including central air conditioning, 2 car garage for each unit, full size washer dryer hook-ups, private patios and open single level floor plans.

Financial Highlights

Current Monthly Rents

2 Bedroom 2 bath unit A$1,895

2 Bedroom 2 bath unit B$1,795

Total Monthly Revenue$3,690

Gross Scheduled Income$44,280

Vacancy Allowance (2%)$885

Gross Operating Income$43,395

2014 Operating Expenses (actual)

Repairs and maintenance$1,465

Landscaping$1,200

Water/Sewer$575

Trash$525

Insurance$1,200

Taxes (estimated @ 1.2%)$10,190

Total Operating Expenses$15,155

Net Operating Income$28,240

Drive by only. Offer subject to interior inspection.
Do not disturb tenants