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.
1858 8th Ave., Monrovia, CA 91016
Directions to here from: 155 mi
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Listed by Evan Haug with Haus California
Based on information from the MLSListings MLS) as of 4/19/2024. 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.