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Pratima Solanki

pratima.solanki@compass.com +1(323) 816-3802

$1,998,000

Est. payment - /mo

6 Beds

6 Baths

3,000 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,000 sqft

Price per Sqft $666

MLS Listing ID 26846959

Bedrooms 6

Full Baths 6

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1950

Lot Size 0.263 Acres

Property Sub-Type Single Family Residence

Property Description

Rare investment opportunity in Monrovia fully renovated residential property with strong built-in income already in place. This unique compound features a spacious main house of approximately 2,000+ sq ft, a brand-new 2025 ADU of approximately 1,000 sq ft, and sits on a generous 11,445 sq ft lot. The property is currently leased for $13,000 per month for the next several years, making it an attractive income-producing asset from day one. The main residence offers 4 bedrooms, 3 full bathrooms, plus 2 additional rooms ideal for offices, guest space, gym, or flexible use. The home has been extensively updated with a new roof, new stucco, modern flooring, recessed lighting, a large open living room, dining area, and a beautifully renovated kitchen with stylish cabinetry, quartz-style countertops, stainless steel appliances, and a large center island. The detached ADU was newly built in 2025 and offers a bright, modern layout with high ceilings, a large living area, 2 bedrooms, 2 bathrooms, and a kitchenette perfect for extended living, rental flexibility, or long-term income use. The property also features a covered patio, detached 2-car garage, detached laundry room with restroom, additional storage, gated driveway, landscaped outdoor areas, and plenty of usable space throughout the lot. The exterior offers great curb appeal with modern fencing, clean hardscape, mature trees, and a private outdoor setting. A fully improved property with multiple living areas, long-term lease income, and strong investment potential in the heart of Monrovia. A rare opportunity for investors looking for a stabilized residential income property with modern improvements and significant monthly cash flow.

Location

State CA

County Los Angeles

Area 639 - Monrovia

Zoning MORM*

Rooms

Other Rooms Shed(s)

Interior

Interior Features Separate/Formal Dining Room

Heating Central

Cooling Central Air

Fireplaces Type None

Furnishings Unfurnished

Fireplace No

Appliance Dishwasher, Disposal, Microwave, Oven, Refrigerator, Dryer, Washer

Laundry Laundry Room

Exterior

Parking Features Converted Garage, Concrete, Door-Multi, Garage, Gated

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Gated

View Y/N Yes

Total Parking Spaces 10

Private Pool No

Building

Story 1

Entry Level One

Architectural Style Contemporary

Level or Stories One

Additional Building Shed(s)

New Construction No

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID 8515013023

Security Features Carbon Monoxide Detector(s),Fire Sprinkler System,Gated Community,Smoke Detector(s)

Special Listing Condition Standard

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Listed by Nikolai Medvedev Berkshire Hathaway HomeServices California Properties #02163830

NEARBY SCHOOL & BUSINESS

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Pratima Solanki

+1(323) 816-3802

Agent | License ID: 01998820

Agent License ID: 01998820

1213 S California AVE Monrovia, CA 91016

Pratima Solanki

Key Details

Location

Rooms

Interior

Exterior

Building

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION