$2,000,000
$2,200,000
9.1%For more information regarding the value of a property, please contact us for a free consultation.
0.26 Acres Lot
SOLD DATE : 01/26/2024
Key Details
Sold Price $2,000,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID AR23205530
Sold Date 01/26/24
HOA Y/N No
Lot Size 0.256 Acres
Property Description
Exceptional Property with Three Distinct Houses on a Single Lot! Discover a truly remarkable property that presents an extraordinary opportunity for multi-generational living or investment in the heart of Monrovia This unique property boasts 3 separate houses, each with 3 bedrooms and 2 baths and a private fenced yard and patio, offering the perfect blend of modern convenience and timeless charm. One house is a brand new 3 bedroom and 2 bath Accessory Dwelling Unit (ADU) with a large, covered porch that has just been constructed. Each of the other two houses also has 3 bedrooms and 2 baths are effectively new, having been completely and meticulously renovated in 2023. Each of the 3 homes offer an open concept floor plan with a spacious living room along with a custom designed kitchen with new cabinets, quartz counters and high-end appliances and new bathrooms. The homes offer new electrical systems throughout, new copper plumbing, new water heater, new ductless a/c units, and new doors and high-efficient windows. Additionally, each home offers its own private yard space with a new concrete patio, and a private 1-car garage with new automatic garage doors that are pre-wired for an electric car charger. Other updates to the homes and property include: new drywall and insulation throughout, new sewer lines from the street, new individual 1.5 copper water lines to each home from the water meter, updated gas lines (ADU excluded) and new roofs. The property boasts a new 400v electric service with three separate electric meters and space for a fourth meter to accommodate a potenti
Exceptional Property with Three Distinct Houses on a Single Lot! Discover a truly remarkable property that presents an extraordinary opportunity for multi-generational living or investment in the heart of Monrovia This unique property boasts 3 separate houses, each with 3 bedrooms and 2 baths and a private fenced yard and patio, offering the perfect blend of modern convenience and timeless charm. One house is a brand new 3 bedroom and 2 bath Accessory Dwelling Unit (ADU) with a large, covered porch that has just been constructed. Each of the other two houses also has 3 bedrooms and 2 baths are effectively new, having been completely and meticulously renovated in 2023. Each of the 3 homes offer an open concept floor plan with a spacious living room along with a custom designed kitchen with new cabinets, quartz counters and high-end appliances and new bathrooms. The homes offer new electrical systems throughout, new copper plumbing, new water heater, new ductless a/c units, and new doors and high-efficient windows. Additionally, each home offers its own private yard space with a new concrete patio, and a private 1-car garage with new automatic garage doors that are pre-wired for an electric car charger. Other updates to the homes and property include: new drywall and insulation throughout, new sewer lines from the street, new individual 1.5 copper water lines to each home from the water meter, updated gas lines (ADU excluded) and new roofs. The property boasts a new 400v electric service with three separate electric meters and space for a fourth meter to accommodate a potential additional ADU. In addition, the new cement driveway offers extra uncovered parking spaces and the new custom fencing offers privacy to each resident. The property has been professionally landscaped with the addition of a low irrigation system for each house. Situated at the end of a small Cul-de-Sac, this property is immediately adjacent to Arcadia and offers ample privacy with easy access to the local shops, restaurants and public transportation.
Location
State CA
County Los Angeles
Area Monrovia (91016)
Zoning See Remark
Exterior
Exterior Feature Stucco
Roof Type Composition
Building
Lot Description Cul-De-Sac, Curbs
Story 1
Level or Stories 1 Story
Others
Monthly Total Fees $68
Acceptable Financing Cash, Exchange
Listing Terms Cash, Exchange
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Bought with Luther Tsinoglou • Compass