Property
Beds
6
Full Baths
5
1/2 Baths
1
Year Built
1948
Sq.Footage
2,684
This charming Unique Single Story Duplex features 3-bed main house PLUS a new construction 3bed/3.5bath / 1,198 SF ADU is perfect for multi-generational living, or you can use part of the property as a full- time or mid-term rental! This unique property presents several possibilities for the new owner: 1) You and your extended family may comfortably spread out in both the main house and ADU 2) Since each ADU bedroom has a private ensuite, potentially you could take one & rent out two plus the main house – and Enjoy mortgage-free living! You could also just live in the ADU or main house and rent out the other 3) Rent out the entire property for a steady monthly income. Located on a quiet street with mountain views, close to parks, great schools, shopping & dining along the 210 Fwy and trendy Uptown Monrovia. Homes with NEW CONSTRUCTION ADUs do not come on the market very often – and even rarer is an ADU with 3 beds & 3.5 baths. Come see this unique property before someone else does! (Long-term estimated rent: front $3,500 / back $3,700; mid-term estimated rent: front $5,800 / back $5,500). You may even be able to purchase this home based on its rental income alone by using a DSCRloan — meaning the rental income could cover the mortgage payments. It’s a great opportunity for both investors and owner-occupants who want their property to pay for itself! Monrovia is also one of the few cities that still allow short term rental!
Features & Amenities
Interior
-
Other Interior Features
Ceiling Fan(s), Master Downstairs
-
Total Bedrooms
6
-
Bathrooms
5
-
1/2 Bathrooms
1
-
Cooling YN
YES
-
Cooling
Central Air
-
Fireplace YN
YES
-
Heating YN
YES
-
Heating
Central
-
Main Level Bedrooms
3
Exterior
-
Garage
Yes
-
Garage spaces
2
-
Patio and Porch Features
Porch
-
Pool
Yes
-
Pool Features
None
-
View
Neighborhood
Area & Lot
-
Lot Features
Front Yard
-
Lot Size(acres)
0.1702
-
Property Type
Residential
-
Property Sub Type
Single Family Residence
Price
-
Sales Price
$1,600,000
-
Sq. Footage
2, 684
-
Price/SqFt
$596
HOA
-
Association
NO
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
1
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
124
-
Water Source
Public
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Location
County
Los Angeles
Elementary School
Middle School
High School
Listing Courtesy of RAYMOND TSAI , Pinnacle Real Estate Group
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