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Key Details
Sold Price $960,000
Property Type Single Family Home
Sub Type SingleFamilyResidence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,930 sqft
Price per Sqft $497
MLS Listing ID PW21178098
Sold Date 09/23/21
Bedrooms 4
Full Baths 2
HOA Y/N No
Year Built 1960
Lot Size 8,555 Sqft
Acres 0.1964
Property Description
An incredible opportunity to own TWO single family homes in a quiet area of Monrovia! Both properties are on a single lot directly across the street from Arcadia where homes sell well into the millions! The front house features brand new interior paint, laminate wood floors, a newer bathroom, ample outdoor space, citrus trees, a walk-in closet, a walk-in pantry, a laundry room, and an inviting front porch. The back house facing El Norte features a newer roof, newer windows, attached garage, newer bathroom, and a maintained yard with a lemon tree. This is an amazing property with tremendous upside in rents as well as the ability to construct an Accessory Dwelling Unit for additional income. The opportunity here is significant for either a homeowner who wants to live in one house and rent out the other, or for an investor who has several options to add value to both properties. Front House (facing 8th): 1,024 square feet, and with 2 bedroom/1 bath. Previous tenant was paying $1,800 monthly. Second House (facing El Norte): Occupied, 906 square feet, and with 2 bedroom/1bath. Tenant pays $1,100 monthly.
Location
State CA
County Los Angeles
Area 639 - Monrovia
Zoning MORL*
Rooms
Other Rooms GuestHouse
Main Level Bedrooms 4
Ensuite Laundry WasherHookup, ElectricDryerHookup, LaundryRoom
Interior
Interior Features Pantry, Unfurnished, AllBedroomsDown, JackandJillBath, WalkInPantry, WalkInClosets
Laundry Location WasherHookup,ElectricDryerHookup,LaundryRoom
Heating ForcedAir
Cooling None
Flooring Wood
Fireplaces Type FamilyRoom
Fireplace Yes
Appliance GasOven, GasRange
Laundry WasherHookup, ElectricDryerHookup, LaundryRoom
Exterior
Garage DrivewayLevel, Garage
Garage Spaces 1.0
Garage Description 1.0
Fence Wood
Pool None
Community Features Biking, Foothills, Golf, Hiking, Park
Utilities Available CableAvailable, CableConnected, ElectricityAvailable, ElectricityConnected, NaturalGasAvailable, NaturalGasConnected, SewerConnected, WaterConnected
View Y/N No
View None
Roof Type Shingle
Porch RearPorch, Porch, Rooftop
Parking Type DrivewayLevel, Garage
Attached Garage Yes
Total Parking Spaces 1
Private Pool No
Building
Lot Description Item25UnitsAcre, Lawn, RectangularLot
Story 1
Entry Level One
Sewer PublicSewer
Water Public
Architectural Style Craftsman
Level or Stories One
Additional Building GuestHouse
New Construction No
Schools
Middle Schools Santa Fe
High Schools Monrovia
School District Monrovia Unified
Others
Senior Community No
Tax ID 5780019017
Acceptable Financing CashtoExistingLoan
Listing Terms CashtoExistingLoan
Financing CashtoNewLoan
Special Listing Condition Standard
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