1213 S California Ave, Monrovia, CA 91016

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, ...