612 East Colorado Boulevard Monrovia, CA 91016
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,057 sqft
Price per Sqft $855
MLS Listing ID AR-26157550
Style Modern
Bedrooms 4
Full Baths 1
Three Quarter Bath 3
Year Built 1948
Lot Size 8,472 Sqft
Property Sub-Type Duplex
Source California Regional Multiple Listing Service (CRMLS)
Property Description
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!
Location
State CA
County Los Angeles
Area 639 - Monrovia
Interior
Interior Features Attic Fan, In-Law Floorplan, Recessed Lighting, Remodeled Kitchen, Self-Closing Cabinet Doors, Self-Closing Drawers, Stone Counters
Heating Central
Cooling Central Air, Whole House Fan
Flooring Wood
Fireplaces Type None
Inclusions All Appliances/Fixtures
Laundry Gas Dryer Hookup, In Closet, Washer Hookup
Exterior
Parking Features Driveway
Garage Spaces 2.0
Pool None
Community Features Park
Utilities Available Sewer Connected, Water Connected, Electricity Connected, Natural Gas Connected
View Y/N Yes
Building
Lot Description Sprinklers, Front Yard, Lot 6500-9999, Sprinklers In Rear, Back Yard
Sewer Public Sewer
Schools
High Schools Monrovia
NEARBY SCHOOL & BUSINESS
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