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Key Details
Sold Price $1,170,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID AR22013051
Sold Date 03/04/22
Construction Status Turnkey
HOA Y/N No
Year Built 1912
Lot Size 7,501 Sqft
Property Description
AMAZING investment opportunity located in the highly sought after area of North Monrovia! 118 & 120 Grand Ave is perfect as an income property OR for an owner-user to live in one unit and rent the other...or perhaps rent both and enjoy the passive income. The property consists of two separate legal units, with separate gas & electric meters.
The front house features approx. 1245 sqft of living space and has 3 bedrooms & 2 baths; including a spacious en-suite, featuring a walk in closet. The modern kitchen has quartz counter tops, stainless steel appliances & ample cabinet storage. Adjacent to the kitchen is an attached 2 car garage w/ laundry hookups.
The charming back unit features approx. 930 sqft of living space and has 2 bedrooms & 1 bath w/ a laundry room & carport parking.
Located only minutes from Old Town, Goldline Station, restaurants, cafes, shopping, 210/ 605 freeway and much more. This duplex is primed for any savvy investor or multi-generational families. Come see it today!
In addition to Monrovia's progressive economy, business opportunities, restaurants and recreation, this property is an excellent opportunity for an investor looking to acquire a well-kept asset in an outstanding location, poised for continued growth
***Both units are vacant and ready for move-in.***
Location
State CA
County Los Angeles
Area 639 - Monrovia
Zoning MORM*
Interior
Heating Electric
Cooling Dual, Electric
Fireplaces Type None
Fireplace No
Laundry In Garage, Laundry Room
Exterior
Parking Features Garage
Garage Spaces 2.0
Carport Spaces 1
Garage Description 2.0
Pool None
Community Features Foothills, Sidewalks, Urban
Utilities Available Electricity Connected, Natural Gas Connected, Water Connected
Total Parking Spaces 4
Private Pool No
Building
Lot Description Back Yard, Front Yard
Story One
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Construction Status Turnkey
Others
Senior Community No
Tax ID 8518005006
Acceptable Financing Submit
Listing Terms Submit
Financing Conventional
Special Listing Condition Standard
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Bought with Sherry Carr • DPP
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Monique H. Ott-Beacham
Broker | License ID: DRE #01448692
Broker License ID: DRE #01448692