1213 S California Ave, Monrovia, CA 91016
1213 S California Ave, Monrovia, CA 91016
1213 S California Ave, Monrovia, CA 91016
54
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$1,998,000
Est. payment /mo
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6 Beds
7 Baths
3,000 SqFt
New

1213 S California Ave Monrovia, CA 91016

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,000 sqft

Price per Sqft $666

MLS Listing ID 26850445

Bedrooms 6

Year Built 1950

Lot Size 0.263 Acres

Acres 0.2628

Property Sub-Type Multi-Family

Property Description

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.

Location

State CA

County Los Angeles

Area Monrovia

Zoning MORM*

Rooms

Family Room 1

Other Rooms Other

Dining Room 0

Kitchen Remodeled, Quartz Counters

Interior

Heating Central

Cooling Central

Fireplaces Type None

Equipment Dishwasher, Dryer, Garbage Disposal, Microwave, Intercom, Range/Oven, Refrigerator, Solar Panels, Washer

Laundry Room, Outside

Exterior

Parking Features Driveway, Garage - 2 Car, Driveway - Concrete, Covered Parking, RV Access

Garage Spaces 10.0

Pool None

Amenities Available None

Building

Lot Description Automatic Gate, Fenced Yard, Back Yard

Story 1

Water Public

Level or Stories One

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Berkshire Hathaway HomeServices California Propert

NEARBY SCHOOL & BUSINESS

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Chance Vanek

Chance Vanek

Agent | RE.S.0066702

+1(702) 305-3777

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1213 S California Ave