PRICE REDUCED!!! Great investment opportunity located in the Award-Winning City of Monrovia. This is currently a Single Family Residence on a 8500+ SF lot. City has initially allowed a plan to add about 600 SF to the existing house consisting of approx. 1280 SF with 3 Bed/3 Bath. In addition to that, City also allowed to build a detached 2 stories unit of approx. 2113 SF with 4 Bed/4 Bath. Two car attached garage for each unit. Plan can be changed to fit the buyer's preferences and can build up to 3 Units! Minutes away to freeway and Gold Line station. Walking distance to Monrovia High School. Rental income is approx. $3000 per month for 3 Bed and $3500+ per month for 4 Bed unit. Great return on investment or good fit for a big family to move in.
Bedrooms
1
Bathrooms
1
Square Feet
614
Lot Size
8,536 sqft
Year Built
1946
Property Type
Single Family Residence
Days on Market
58
HOA Fee
N/A
Garage Total
2
MLS #
WS18094591
Interior Features
Bedroom On Main Level
Laundry
Common Area
Main Level Master
Yes
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Based on price, location, and features
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