131 May Avenue

    Monrovia, CA 91016
    • $1,625,000
    • STATUS: Active
    • ON SITE: 36 days
    • ID#: 20545334
    UPDATED: 61 min ago
    $1,625,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1935
    County:

    School Ratings & Info

    Description

    We are pleased to present these 4 units plus 1 non-conforming cottage at 131 May Avenue located in Monrovia, California. The offering sits on 9,352 square feet of land with 4,283 square feet of building area and consists of 2 - studio / one bath, 2 - two bed / one bath, and 1 - two bed / one bath cottage. The subject property is truly one-of-a-kind as it was one of the few mansions built on May Avenue during the 1930's and includes a maid's cottage at the rear of the property (5th non-conforming unit). With a Walk Score of 82. the offering is well located proximate to schools (Clifton Middle School, Tzu Chi Great Love and Tzu Chi Great Love Elementary School), grocery stores: Rigo's Deli Mini Market, Smart & Final and ALDI, coffee shops: The Coffee Bean and Tea Leaf, Starbucks and Opera, restaurants: Los Victors Mexican Food, Sakura Sushi House and Baja Mar Fish Tacos. 131 May Ave is near Library Park, Grand Avenue Park and Recreation Park.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-02-23T16:27:42.06. 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 deemed reliable but is not guaranteed accurate by the MLS or The Costantino Group | Cal American Homes and Realty. Licensed in the State of California, USA.

    www.livelovethefoothills.com/homes/102404601

    131 May Avenue Monrovia, CA 91016

    • Price: $1,625,000
    • Status: Active
    • Updated: 61 min ago
    • ID#: 20545334
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1935
    Built
    Neighborhood:
    639 - Monrovia
    County:
    Los Angeles
    Area:
    639 - Monrovia
    Property Description
    We are pleased to present these 4 units plus 1 non-conforming cottage at 131 May Avenue located in Monrovia, California. The offering sits on 9,352 square feet of land with 4,283 square feet of building area and consists of 2 - studio / one bath, 2 - two bed / one bath, and 1 - two bed / one bath cottage. The subject property is truly one-of-a-kind as it was one of the few mansions built on May Avenue during the 1930's and includes a maid's cottage at the rear of the property (5th non-conforming unit). With a Walk Score of 82. the offering is well located proximate to schools (Clifton Middle School, Tzu Chi Great Love and Tzu Chi Great Love Elementary School), grocery stores: Rigo's Deli Mini Market, Smart & Final and ALDI, coffee shops: The Coffee Bean and Tea Leaf, Starbucks and Opera, restaurants: Los Victors Mexican Food, Sakura Sushi House and Baja Mar Fish Tacos. 131 May Ave is near Library Park, Grand Avenue Park and Recreation Park.
    Exterior Features

    Lot Size Dimensions A0.22 Lot Size Source Other

    Property Features

    Gross Income 95859.00 Gross Multiplier 16.95 Gross Operating Income 69456.00 Net Operating Income 62659.00 Senior Community YN No Special Listing Conditions Standard Zoning Morm-Rh*

    Listing provided courtesy of Filip Niculete of Marcus & Millichap


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-02-23T16:27:42.06. 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 deemed reliable but is not guaranteed accurate by the MLS or The Costantino Group | Cal American Homes and Realty. Licensed in the State of California, USA.

     
    The Costantino Group | Cal American Homes and Realty
    405 West Foothill Blvd Suite 203
    Claremont CA, 91711