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524 W Lemon Avenue

Monrovia, CA 91016
  • $1,100,000
  • STATUS: Active Under Contract
  • ON SITE: 50 Days
  • ID#: AR22174432
Under Contract
UPDATED: 19 min ago
$1,100,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1962
County:

School Ratings & Info

Listing Agent(s): Mary Rosales of Berkshire Hathaway Golden Prop (626-797-7622)


Description

Located in Beautiful North Monrovia, close to Old Town Monrovia, this property has 2 separate houses with plenty of parking. The Front House is currently occupied and is a spacious 4 bedroom 1 bath house which was remodeled in 2019. This front house has laminated floors, tile floors in Kitchen, Central A/C and heat, its own private fenced yard, inside Laundry Room and Carport for 2 cars. The Rear House has 2 bedrooms 1 bath and is newly remodeled and ready to move-in. New Kitchen Cabinets with Granite Counter top, Inside Laundry, New Vinyl Floors in Kitchen and Bath, New Carpet and Paint throughout house, new mini-blinds on windows, Central A/C and Heat, and new copper plumbing. It has a large front porch area to sit and relax, as well as its own Covered Patio Area with Fruit Trees. There is a large Carport for 2 cars as well as a Separate large one car garage. There is a 240 volt/50 amp EV charging plug already installed in carport for your EV Vehicle. Live in one and rent out the other or lease them both! Rent for front house is low, only $2400. Could be $3000.00 or more since 4 bedroom. Back house can be $2000 or more so potential rent could be $5000 per month. This beautifully remodeled property is hard to find in such a terrific area! Close to stores, schools, restaurants and the Metro-Gold Line! Don't miss this opportunity! Please, do not disturb occupants in Front House or walk onto property without appointment with Listing Agent.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-09-29T09:29:50.083. 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 deemed reliable but is not guaranteed accurate by the MLS or Beach City Brokers | BCB Premier Estates | The Miller Group. Licensed in the State of California, USA.
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524 W Lemon Avenue Monrovia, CA 91016

  • Price: $1,100,000
  • Status: Active Under Contract
  • On Site: 50 Days
  • Updated: 19 min ago
  • ID#: AR22174432
0
Beds
0
Baths
0
½ Baths
0.17
Acres
1962
Built
Neighborhood:
639 - Monrovia
County:
Los Angeles
Area:
639 - Monrovia
Property Description
Located in Beautiful North Monrovia, close to Old Town Monrovia, this property has 2 separate houses with plenty of parking. The Front House is currently occupied and is a spacious 4 bedroom 1 bath house which was remodeled in 2019. This front house has laminated floors, tile floors in Kitchen, Central A/C and heat, its own private fenced yard, inside Laundry Room and Carport for 2 cars. The Rear House has 2 bedrooms 1 bath and is newly remodeled and ready to move-in. New Kitchen Cabinets with Granite Counter top, Inside Laundry, New Vinyl Floors in Kitchen and Bath, New Carpet and Paint throughout house, new mini-blinds on windows, Central A/C and Heat, and new copper plumbing. It has a large front porch area to sit and relax, as well as its own Covered Patio Area with Fruit Trees. There is a large Carport for 2 cars as well as a Separate large one car garage. There is a 240 volt/50 amp EV charging plug already installed in carport for your EV Vehicle. Live in one and rent out the other or lease them both! Rent for front house is low, only $2400. Could be $3000.00 or more since 4 bedroom. Back house can be $2000 or more so potential rent could be $5000 per month. This beautifully remodeled property is hard to find in such a terrific area! Close to stores, schools, restaurants and the Metro-Gold Line! Don't miss this opportunity! Please, do not disturb occupants in Front House or walk onto property without appointment with Listing Agent.
Exterior Features

Carport Spaces 4 Carport YN Yes Construction Materials Stucco Foundation Details RaisedSlab Number Of Separate Electric Meters 2 Open Parking Spaces 2 Other Structures Two On A Lot Parking Features Attached CarportAssignedDoor-SingleDrivewayGarage Parking Total 7 Pool Features None Pool Private YN No Property Attached YN No Road Frontage Type City Street Road Surface Type Paved Spa Features None Spa YN No View None View YN No

Interior Features

Accessibility Features None Appliances Range HoodWater Heater Common Walls No Common Walls Cooling Central Air Cooling YN Yes Fireplace Features None Fireplace YN No Flooring CarpetLaminateTileVinyl Heating Forced Air Heating YN Yes Interior Features Granite CountersUnfurnishedAll Bedrooms Down

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features BikingDog ParkFoothillsParkStreet LightsSidewalks Current Financing Conventional Electric Electricity - On Property220 Volts Exclusions All Personal Property Of Tenants in Front House. Garage YN Yes Gross Income 60000 Gross Scheduled Income 60000 Insurance Expense 1170 Land Lease YN No Laundry Features Washer HookupElectric Dryer HookupGas Dryer HookupLaundry Room Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash To New Loan Net Operating Income 49433 New Construction YN No New Taxes Expense 6651 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 2 Number Of Units Leased 1 Operating Expense 10567 Possession Close Of Escrow Property Sub Type Duplex Rent Control YN No Security Features Carbon Monoxide Detector(S)Smoke Detector(S) Senior Community YN No Sewer Public SewerSewer Tap Paid Special Listing Conditions Standard Tenant Pays Cable TvElectricityGas Trash Expense 936 Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Water Source Public Zoning Morm*



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-09-29T09:29:50.083. 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 deemed reliable but is not guaranteed accurate by the MLS or Beach City Brokers | BCB Premier Estates | The Miller Group. Licensed in the State of California, USA.
 
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Beach City Brokers | BCB Premier Estates | The Miller Group
1716 South Catalina Avenue
Redondo Beach CA, 90277
Listing Agent(s): Mary Rosales of Berkshire Hathaway Golden Prop (626-797-7622)