Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Type

SingleFamilyResidence

Bedrooms

2

Building size

3,050 sqft

Lot size

12,250 sqft

Year built

1947

Stories

1

Garage spaces

4

Heating

Central

Cooling

Central Air

Pool

None

Status

Active

Days on market

1

MLS #

246599864

About this property

Income-Producing Property with Two Separate Residences in Monrovia! This property features two well-maintained homes on a 12,250 sq. ft. lot. The main residence offers 6 bedrooms, 3 bathrooms, and 1,850 sq. ft., and was built in 1947. The add-on was made in 2020. The separate ADU, built in 2020, offers 4 bedrooms, 2 bathrooms, and 1,200sq. ft. Separate gas, water, and electric meters, Solar Panels. The combined 10 bedrooms and 5 bathrooms can generate strong monthly rental income. This property is an excellent opportunity for investors, extended families, or buyers seeking income potentials in Monrovia.

Location

2346 1/2 Fairgreen Avenue

Monrovia, Los Angeles, CA, 91016