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127 W Cherry Avenue $1,350,000


    127 W Cherry Avenue Monrovia, CA 91016

    • 0 Beds
    • 0 Baths
    • 3,404 sq. ft.
    • Multi-Family
    • MLS# P1-10123
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    Views: 11 Days On Market: 55

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    Property Details

    1940's triplex in an amazing location just north of the 210. The multi-unit is within walking distance to all the shops, cafes, and restaurants in Old Town Monrovia and on Huntington. The front unit is a spacious 2 bed, 1.5 bath with living room, kitchen, and 2 private parking spaces in the back. The remaining 2 units are in the building behind with one above the other. Each is a spacious 3 bed, 2 bath unit with living room, kitchen, built-in laundry and 2 car garage parking. The unit above has a vast patio that extends the length above the 4 car garage. Current rents are far below market value so there is HUGE upside potential. DO NOT WALK ON PROPERTY OR TALK TO TENANTS.

    • General Features
      • Association Fee 0.00
      • Buyer Compensation 2.500 %
      • Community Features Foothills
      • County Or Parish Los Angeles
      • Number Of Buildings 2
      • Number Of Separate Electric Meters 3
      • Number Of Separate Gas Meters 3
      • Number Of Separate Water Meters 1
      • Number Of Units Total 3
      • Subdivision Name Not Applicable
      • YearBuilt 1947
    • Building Features
      • Cooling Central Air
      • Fireplace Features None
      • Heating Central
      • Levels Multi/Split
    • Property Features
      • Lot Size Acres 0.2
      • Lot Features Front Yard
      • Pool Private Y/N 0
      • Pool Features None
      • View Error: ClassID in tblMLSFieldPropertyType is null.
      • Parking Total 8.00



    91016 (Monrovia) Demographics

    40 Median Age
    4,848 Population Density (per sq. mile)
    48% College Educated
    $82,801 Estimated Median Income
    7,214 Estimated Total Home Owners
    7,379 Estimated Total Renters
    49% / 51% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    41,582 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $910,000 Median Sales Price
    23 Homes Sold
    29 New On Market

    Average Days on Market

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $1,350,000
        8/4/2022 1:32:40 PM Price Reduced Source: Multiple Listing Service New Value: $1,350,000 -6.9%
        6/22/2022 4:49:00 PM New in Database Source: Multiple Listing Service New Value: $1,450,000

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        ** Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Based on information from California Regional Multiple Listing Service, Inc. as of 8/16/2022 2:51:45 PM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.