612 614 E Colorado Boulevard, Monrovia, CA 91016

$1,760,000
4
BD
4
BA
2,057
SqFt

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List Price
$1,760,000
Status
ACTIVE
MLS#
AR26157550
Year Built
1948
Bedrooms
4
Bathrooms
4
Living Sq. Ft
2,057
Lot Size
8,472
Acres
0.19
Lot Location
Back Yard, Front Yard, Sprinklers In Rear
Days on Market
0
Property Type
Single Family Residential
Style
Modern
Property Sub Type
Duplex
Stories
One Level

Property Description

Two homes on one lot, blocks from Old Town Monrovia, with all the expensive permitted remodel work done. The front house (#612) lives like an elegant single-family residence: ~1,550+sf, 3 bedrooms, 3 baths, plus a flexible bonus den that works as an office, guest room, or 4th bedroom. The primary suite offers a room-size walk-in closet and en-suite bath, while the secondary suite enjoys its own private entrance, ¾ bath, walk-in closet, and sink — ready to be permitted as a JADU. The spacious galley kitchen, thoughtfully designed, opens to the living and dining areas, creating a comfortable and inviting space for everyday living and entertaining. The detached rear unit (#614) above the garage: a private ~500sf unit — 1 bedroom, a den with closet space easily serves as a 2nd bedroom, ¾ bath, efficiency kitchen, and living room is immediately income-producing. A renovation to the studs: new plumbing, new electrical with new meter & subpanels, tankless water heaters for both units, new roof, new central A/C, new mini-split, new premium waterproof engineered wood flooring, new cabinetry, new decking, all new windows, and all-new appliances. The existing 2-car garage has approved plans permitted for a 496sf ADU conversion, and the oversized courtyard offers room for an additional ~1,000sf detached ADU. Buyer to verify all development potential with the City of Monrovia and perform own due diligence. Live in front, collect income in back, and grow into the lot! Few San Gabriel Valley properties let an owner-occupant offset their housing cost while building a multi-unit portfolio on a single parcel. An excellent move-in-ready option for owner-users, multigenerational families, and investors. Lots of mature trees like Mango, Avocado, Lemon & Orange!! Short walk to the vibrant Old Town, Myrtle Avenue dining, Library Park, and shopping, with the A Line and the 210 Freeway minutes away. An extraordinary property offering versatility, quality, and future upside! A rare opportunity not to be missed!

Additional Information

Other Buildings
Guest House Detached
Appliances
Built-In Range, Convection Oven, Dishwasher, Electric Water Heater, Gas Oven, Gas Range, Gas Water Heater, Refrigerator, Range Hood, Tankless Water Heater, Vented Exhaust Fan
Pool Description
None
Heat
Central, Natural Gas
Cooling
Yes
Cooling Description
Central Air, Whole House Fan, Attic Fan
View
Neighborhood
Exterior Construction
Drywall, Stucco
Patio
Rear Porch, Concrete, Deck, Open, Patio
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
School District
Monrovia Unified
High School
Monrovia
Interior Features
Separate/Formal Dining Room, In-Law Floorplan, Recessed Lighting, All Bedrooms Down, Galley Kitchen, Primary Suite, Walk-In Closet(s)
Attached Structure
Detached
Number Of Units Total
2

Listing courtesy of Listing Agent: Vincent Hon (vincent.hon@exprealty.com) from Listing Office: eXp Realty of Southern CA, Inc.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.