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

2,582 sqft

Lot size

9,240 sqft

Year built

1949

Stories

1

Garage spaces

4

Heating

Central

Pool

None

Status

Active

Days on market

1

MLS #

246600402

About this property

Income-Producing Property with Two Separate Residences in Monrovia! This unique property features two well-maintained homes on a 9,240 sq. ft. corner lot. The ADU fronting on a separate street. The main residence at 305 E. Camino Real offers 4 bedrooms, 2 bathrooms, and 1,383 sq. ft. Built in 1950 and updated in 2022. The separate ADU at 2316 Redell St., built in 2022, offers 4 bedrooms, 2 bathrooms, and 1,199 sq. ft. Separated gas, water, and electric meters, Two 2-car detached garages. Solar Panels. The combined 8 bedrooms and 4 bathrooms can generate strong monthly rental income. This property is an excellent opportunity for investors, extended families, or buyers seeking income potentials. Monrovia Unified School.

Location

305 E Camino Real

Monrovia, Los Angeles, CA, 91016