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About the Listing B2003113 - C138295
Rare investment opportunity in Monrovia. This fully renovated property at 1213 S California Ave offers a strong income-producing setup with a main house of approximately 2,000+ sq ft plus a newly built ADU of approximately 1,000 sq ft on a large 11,445 sq ft lot. The property has been extensively upgraded, including new roof, new stucco, new flooring, renovated kitchen, updated finishes, and a brand-new ADU. A spacious roof terrace adds additional usable outdoor space and lifestyle value. Most importantly for investors, the property is currently leased for $13,000 per month, with a lease already in place for the next several years, creating immediate cash flow from day one. This is an excellent opportunity for buyers looking for stable income, upgraded condition, low initial maintenance, and long-term investment potential in a desirable Monrovia location. A turnkey income property with strong rental performance, multiple living structures, and a large lot a rare combination for today's market.
Listing Highlights
Status
Active
Days on Site
0
Property Type
Multi-Family
MLS ®
26850445
Year Built
1950
Total Square Footage
3,000
Lot/Acreage
0.26
County
Los Angeles
Interior Details
- Bedrooms: 6
- Bathrooms: 7 Full
- Appliances: Oven-Electric, Oven-Gas, Microwave
- Air Cond: Central
- Heating: Central
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Remodeled,Quartz Counters,Office,Primary Bedroom,Bonus Room,Family Room
- Water:
Exterior Details
- Lot Description: Automatic Gate,Fenced Yard,Back Yard
- Garage Capacity: 2 car
- Parking Spaces: 10
- Lot Dimensions: 60x188
- Zoning: MORM*
- Roof:
- Others:
- Sewer:
- Parking Features: Driveway,Garage - 2 Car,Driveway - Concrete,Covered Parking,RV Access
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Questions About..
1213 S California Ave Monrovia, CA 91016
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