- Status:
- Active
- Prop. Type:
- Residential Income
- MLS® Num:
- AR26204341
- Year Built:
- 1951
- Photos (19)
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Single-story fourplex offers an exceptional, low-maintenance addition to any savvy investor's portfolio. The property comprises four identical, thoughtfully proportioned units—each featuring 550 square feet of efficiently designed living space complete with a spacious living area, dedicated dining room, and fully equipped kitchen. One vacant unit stands ready for immediate occupancy or market-rate leasing, showcasing gleaming hardwood floors and a modern kitchen. The remaining three residences boast updated kitchens along with various individual property enhancements. Upside potential awaits in the clean basement, which offers an ideal layout for conversion into a coin-operated laundry. Convenient vehicle storage includes four garage spaces supplemented by tandem parking, providing a seamless standard of two dedicated parking spots per unit. Backed by extensive recent capital expenditures—including a newer roof, fresh exterior paint, and lush, updated landscaping that elevates curb appeal—this asset drastically minimizes immediate maintenance overhead while securing long-term value and immediate cash-flow stability.
- Property Sub Type:
- Quadruplex
- Property Attached:
- No
- Lot Area:
- 7,452 sq. ft.
- Bathrooms:
- - (Full:-, Half:-)
- Year built:
- 1951 (Age: 75)
- General Listing Location:
- Monrovia, 639 - Monrovia
- County Or Parish:
- Los Angeles
- Tenant Pays:
- Cable TV, Electricity, Gas
- Common Interest:
- None
- Gross Income:
- $60,600
- Gross Scheduled Income:
- $60,600
- Net Operating Income:
- $47,133
- Cap Rate %:
- 5.0
- Rent Control:
- No
- Total Actual Rent:
- $6,550
- Land Lease:
- No
- Electric Expense:
- $0
- Fuel Expense:
- $0
- Gardener expense:
- 1362.0
- Insurance Expense:
- $2,183
- Operating Expense:
- $13,467
- Professional Management Expense:
- $3,310
- Trash Expense:
- $4,112
- Water and Sewer Expense:
- $2,500
- Tax Lot:
- 14
- East of Madison Ave. West of Mayflower Ave.
- Number of Buildings:
- 1
- # of Electric Meters:
- 4
- # of Gas Meters:
- 4
- # of Water Meters:
- 1
- # Units Leased:
- 4
- Community Features:
- Sidewalks
- Senior Community:
- No
- Laundry Features:
- None
- Pool Features:
- None
- Private Pool:
- No
- Num Stories:
- 1
- Entry Level:
- 1
- Entry Location:
- 1
- New Constr.:
- No
- Common Walls:
- No Common Walls
- # Units:
- 4
- Cooling:
- Wall/Window Unit(s)
- Water supply:
- Public
- Sewer:
- Public Sewer
- Garage Spaces:
- 4
- Uncovered Spaces:
- 4
- Total Parking Spaces:
- 8
- Special Listing Conditions:
- Standard
- Parcel Number:
- 8505012035
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Listed by Keller Williams Realty
Data was last updated September 30, 2026 at 10:40 PM (UTC)
- RANDY ABRAMS
- SEVEN GABLES REAL ESTATE
- 626-222-3954
- Contact by Email
Based on information from California Regional Multiple Listing Service, Inc. as of September 30, 2026 at 10:40 PM (UTC) and/or other sources.
All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS.
All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.