1858 8th Ave., Monrovia, CA 91016 - PW21176946 - iPro Real Estate

1858 8th Ave.
Monrovia, CA 91016

Pending, Multi-Family/Income Sale

For Sale

$875,000 $102.29 per sqft

Free Professional CMA

Listing ID : PW21176946

  • Garage

    1
  • Lot Size

    8,554 Sqft
  • Year

    1960

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.

Details

Type: Multi-Family/Income Sale 
Subdivision: 639 - Monrovia 
County: Los Angeles 
Security Features: Smoke Detector(s)/Alarm(s) 
Tax ID: 5780019017
Days on Market: 982 
AltCal ID: CRPW21176946 
Amenities: Other 
Energy Saving: Ceiling Fan(s) 
Kitchen: Oven - Gas, Oven Range - Gas, Pantry 
Laundry: 9, In Laundry Room, Other, Chute 
Number of Buildings: 2 
Number of Units: 2 
Parking Spaces: 6 
Property Type: Commercial Sale 
Roof: Shingle 
Style: Craftsman 
Sub Type: Duplex 
View: None 
Water: District - Public 

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34.130241 -118.015305 $875,000 PW21176946
1858 8th Ave., Monrovia, CA 91016
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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.

The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than iPro Real Estate are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents. 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. ©2024 MLSListings Inc. All rights reserved. Data updated approximately every 30 minutes