WALK TO OLD TOWN Monrovia from this turnkey, 1,963 sq ft single
story, spacious 3 bed, 2 bath + OFFICE + MATCHING BONUS SHED home
with a spacious 9,759 sq ft lot. Complete with a BRAND NEW 50-YEAR
ROOF, dual-pane windows, Ring doorbell and a universal EV charger,
this North Monrovia gem perfectly pairs classic character with
premium, modern updates. Original hardwood floors and
dimmable lighting in the living and dining rooms set a warm tone,
while multiple closets, built-in cabinetry throughout, and a key
nook keep everyday life organized. Relax in the bright, open living
room beside the wood-burning fireplace, or gather for holiday
dinners in the formal dining room with sunset mountain views and
comfortably seats eight. Tucked behind elegant French doors, the
enclosed bonus office with its own entrance provides the ideal
quiet space for today's remote work environment or even a fourth
bedroom. Enjoy morning coffee in the breakfast nook framed by
beautiful bay windows. The updated kitchen pairs quartz countertops
and porcelain tile floors with soft-close cabinetry, sliding pantry
drawers and premium stainless steel LG appliances, including a
ThinQ smart refrigerator. A window over the sink floods the space
with natural light. An additional deep pantry and a utility
basement provide rare extra storage, while a whole-house fan lowers
energy bills. The primary suite serves as a private retreat,
with bamboo floors, a walk-in closet, and French doors that open
directly to the backyard. The primary bath offers a granite dual
vanity and a spacious, frameless walk-in shower. Guests or family
will love the second bathroom, which includes its own quartz dual
vanity, a separate frameless shower, and a deep soaking tub perfect
for unwinding. The meticulously landscaped backyard is an
outdoor oasis featuring a patio with a shaded pergola and a
built-in Fire Magic grill ready for weekend entertaining. The
matching BONUS SHED behind the EXTRA-WIDE TWO CAR GARAGE offers an
incredible opportunity to convert into a studio ADU (buyer to
verify with city). Families will appreciate access to North
Monrovia's highly-rated elementary, junior high, and high schools.
Positioned in an amazing neighborhood, you can stroll to vibrant
dining and shopping on Myrtle Avenue including the Friday night
Monrovia Street Fair, hike the trails at Monrovia Canyon Park, or
hop onto the 210 freeway in minutes. Don't miss this move-in ready,
forever home!
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Construction Materials: Glass, Wood Siding, Drywall
Patio and Porch Features: Rear Porch, Front Porch, Patio, Porch, Brick, Concrete, Open
Pool Features: None
Lot Features: Back Yard, Front Yard, Sprinklers In Rear, Sprinklers In Front, Landscaped, Level, Near Public Transit, Paved, Rectangular Lot, TwoToFiveUnitsAcre, SixToTenUnitsAcre, DripIrrigationBubblers, Lawn, NearPark, SprinklersTimer, SprinklerSystem, StreetLevel, Trees, Yard
Lot Size Area: 9759
Lot Size Units: Square Feet
Lot Size Acres: 0.224
Lot Size Square Feet: 9759
Lot Size Dimensions: 67 x 145
Tax Lot: 3
Water Source: Public
Utilities Details
Cooling Type: Central Air, Electric, Whole House Fan
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