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Listed by CHRISTOPHER JOHNSON • LEE & ASSOC COMM R E SERV/PAS
$899,000
Est. payment /mo
1,355 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 1,355 sqft
Price per Sqft $663
MLS Listing ID WS-25068327
Style Craftsman
Year Built 1910
Lot Size 6,541 Sqft
Property Sub-Type Duplex
Property Description
This charming Craftsman-style Monrovia duplex is back and better than ever. Since its last market appearance, the property has undergone extensive upgrades including: full re-wiring of the front house (with permits), a major sewer line replacement of the front and rear unit (with permits), foundational beam and support work approved by a licensed contractor. ***The property will be delivered with tenants in place.*** Both tenants are on month-to-month leases. Front house is paying $2175/mo and back unit is paying $1500/mo. This opportunity is perfect for investors looking for a value-add deal in non-rent controlled Monrovia (State rent control may still apply), buyer to investigate. Don't miss your chance at this upgraded and well-located income property just blocks from Downtown Monrovia!
Location
State CA
County Los Angeles
Area 639 - Monrovia
Zoning MORM*
Interior
Heating Wall Furnace
Laundry Dryer Included, Washer Included
Exterior
Parking Features Driveway
Pool None
Community Features Biking, Foothills, Hiking, Horse Trails, Park
Utilities Available Sewer Connected, Water Connected, Electricity Connected, Natural Gas Connected
Building
Lot Description 2-5 Units/Acre
Sewer Public Sewer
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Naghmeh Keyvani
Broker Associate | License ID: DRE# 02091823
Broker Associate License ID: DRE# 02091823