$1,170,000
$1,099,900
6.4%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
3 Baths
7,503 Sqft Lot
SOLD DATE : 03/04/2022
Key Details
Sold Price $1,170,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID AR22013051
Sold Date 03/04/22
Bedrooms 5
HOA Y/N No
Lot Size 7,503 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 Monrovias 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.***
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 Monrovias 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 Monrovia (91016)
Zoning Assessor
Interior
Heating Electric
Building
Lot Description Sidewalks
Lot Size Range 7500-10889 SF
Level or Stories 1 Story
Others
Financing Conventional
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Bought with Sherry Carr • DPP