2451 Graydon AVE new Save Request In-Person Tour Request Virtual Tour
Monrovia,CA 91016
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,684 sqft
Price per Sqft $596
MLS Listing ID WS25180658
Bedrooms 6
Full Baths 5
Half Baths 1
Year Built 1948
Lot Size 7,413 Sqft
Property Sub-Type Single Family Residence
Property Description
This charming Unique Single Story Duplex features 3-bed main house PLUS a new construction 3bed/3.5bath / 1,198 SF ADU is perfect for multi-generational living, or you can use part of the property as a full- time or mid-term rental!
This unique property presents several possibilities for the new owner:
1) You and your extended family may comfortably spread out in both the main house and ADU
2) Since each ADU bedroom has a private ensuite, potentially you could take one & rent out two plus the main house – and Enjoy mortgage-free living! You could also just live in the ADU or main house and rent out the other
3) Rent out the entire property for a steady monthly income. Located on a quiet street with mountain views, close to parks, great schools, shopping & dining along the 210 Fwy and trendy Uptown Monrovia.
Homes with NEW CONSTRUCTION ADUs do not come on the market very often – and even rarer is an ADU with 3 beds & 3.5 baths. Come see
this unique property before someone else does! (Long-term estimated rent: front $3,500 / back $3,700; mid-term estimated rent: front $5,800 / back $5,500).
You may even be able to purchase this home based on its rental income alone by using a DSCRloan — meaning the rental income could cover the mortgage payments.
It's a great opportunity for both investors and owner-occupants who want their property to pay for itself!
Monrovia is also one of the few cities that still allow short term rental!
Location
State CA
County Los Angeles
Area 639 - Monrovia
Zoning LCR171/2
Interior
Heating Central
Cooling Central Air
Fireplaces Type Primary Bedroom
Laundry Inside,Laundry Room
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Suburban
View Y/N Yes
View Neighborhood
Building
Lot Description Front Yard
Dwelling Type House
Story 1
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Monrovia Unified
Others
Acceptable Financing Cash,Cash to New Loan,Conventional,1031 Exchange
Listing Terms Cash,Cash to New Loan,Conventional,1031 Exchange
Special Listing Condition Standard