$2,000,000
$2,200,000
9.1%For more information regarding the value of a property, please contact us for a free consultation.
0.26 Acres Lot
SOLD DATE : 01/26/2024
Key Details
Sold Price $2,000,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID AR23205530
Sold Date 01/26/24
Construction Status Additions/Alterations,Updated/Remodeled,Turnkey
HOA Y/N No
Year Built 1961
Lot Size 0.256 Acres
Property Description
Exceptional Property with Three Distinct Houses on a Single Lot!
Discover a truly remarkable property that presents an extraordinary opportunity for multi-generational living or investment in the heart of Monrovia This unique property boasts 3 separate houses, each with 3 bedrooms and 2 baths and a private fenced yard and patio, offering the perfect blend of modern convenience and timeless charm.
One house is a brand new 3 bedroom and 2 bath Accessory Dwelling Unit (ADU) with a large, covered porch that has just been constructed. Each of the other two houses also has 3 bedrooms and 2 baths are effectively new, having been completely and meticulously renovated in 2023.
Each of the 3 homes offer an open concept floor plan with a spacious living room along with a custom designed kitchen with new cabinets, quartz counters and high-end appliances and new bathrooms. The homes offer new electrical systems throughout, new copper plumbing, new water heater, new ductless a/c units, and new doors and high-efficient windows. Additionally, each home offers its own private yard space with a new concrete patio, and a private 1-car garage with new automatic garage doors that are pre-wired for an electric car charger. Other updates to the homes and property include: new drywall and insulation throughout, new sewer lines from the street, new individual 1.5” copper water lines to each home from the water meter, updated gas lines (ADU excluded) and new roofs. The property boasts a new 400v electric service with three separate electric meters and space for a fourth meter to accommodate a potential additional ADU. In addition, the new cement driveway offers extra uncovered parking spaces and the new custom fencing offers privacy to each resident. The property has been professionally landscaped with the addition of a low irrigation system for each house. Situated at the end of a small Cul-de-Sac, this property is immediately adjacent to Arcadia and offers ample privacy with easy access to the local shops, restaurants and public transportation.
Location
State CA
County Los Angeles
Area 639 - Monrovia
Zoning MORL*
Rooms
Other Rooms Two On A Lot
Interior
Interior Features Open Floorplan, Recessed Lighting, All Bedrooms Down, Bedroom on Main Level, Main Level Primary
Heating Ductless, ENERGY STAR Qualified Equipment
Cooling Ductless, ENERGY STAR Qualified Equipment
Flooring Laminate
Fireplaces Type None
Fireplace No
Appliance Dishwasher, Free-Standing Range, Refrigerator, Water Heater, Dryer, Washer
Laundry Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Inside, In Kitchen, See Remarks, Stacked
Exterior
Parking Features Concrete, Driveway Level, Door-Single, Driveway, Electric Vehicle Charging Station(s), Garage Faces Front, Garage, Garage Door Opener, On Site, One Space, Shared Driveway, See Remarks
Garage Spaces 3.0
Garage Description 3.0
Fence Excellent Condition, Privacy
Pool None
Community Features Curbs, Street Lights
Utilities Available Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, See Remarks, Underground Utilities, Water Available, Water Connected
View Y/N Yes
View Neighborhood
Roof Type Composition
Accessibility No Stairs, Parking
Total Parking Spaces 8
Private Pool No
Building
Lot Description Back Yard, Cul-De-Sac, Irregular Lot, Landscaped, Level, Near Public Transit, Sprinkler System, Street Level, Yard
Story 1
Entry Level One
Foundation Slab
Sewer Public Sewer
Water Public, See Remarks
Architectural Style Custom, Traditional
Level or Stories One
Additional Building Two On A Lot
New Construction No
Construction Status Additions/Alterations,Updated/Remodeled,Turnkey
Others
Senior Community No
Tax ID 5780017046
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with Luther Tsinoglou • Compass