Listing ID : PW21176946
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Beds
4 -
Lot Size
8,555 Sqft
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, hardwood 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.
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Area Information 91016
Population:
50.63%Female
50.66%Rented
4.49%Vacant
8.32%Associate
25.58%Bachelor
15.24%Graduate
Tax Assessments
Value
- Land $683,400
- Improvements $295,800
- Total $979,200
Property Tax
- 2023 $13,273
History
Date | Transaction | Price | Mortgage Amt & Lender |
Date
Sep 23, 2021
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Transaction
Sold - ResidentialPW21178098
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Price
$960,000
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Mortgage Amt & Lender
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