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$ 1,188,000
Est. payment /mo
Price Dropped by $50K
163 May Avenue Monrovia, CA 91016
4 Beds
3 Baths
7,503 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV26157058
Bedrooms 4
Lot Size 7,503 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
PRIDE REDUCED! Steeped in Monrovia history, this unique property blends incredible vintage character with immense upside potential. Originally built as a carriage barn contractor W.H. McCune pulled permits in 1920 to transform the structure into a home. While it began its life as a two bedroom, one bathroom residence the main home has since been expanded to feature 3 bedrooms, 1 1/2 bathrooms and a convenient interior laundry room. Interior features original hardwood floors, classic built-in china hutch in the dining room and built-in shelves in the living room. Under the house a small basement area that possibly once housed the original furnace offers a historic nod to the homes past. While the main home awaits your stylistic vision key infrastructure is already in place, duel -pane vinyl windows, central heating and air conditioning and an electrical system that was updated from original. A long driveway provides ample parking leading to a two car detached garage. Adding immense value to the property is a second fully independent dwelling unit built in 1953. This separate home includes 1 bedroom with a walk-in closet, 1 bathroom, a living room anchored by a cozy brick fireplace and a kitchen nook complete with its own built-in china hutch off the kitchen. Highly functional for renters, investors or multi-generational living the AUD features separate electricity and gas meters for each unit, while conveniently sharing a water meter. This historic compound represents a rare opportunity to build equity in a highly desirable North Monrovia neighborhood. Conveniently located c
Location
State CA
County Los Angeles
Zoning Assessor
Direction North of Foothill East of Myrtle and west of Mountain
Interior
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Roof Type Composition
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 8519030006
Acceptable Financing Cash, Land Contract
Listing Terms Cash, Land Contract
Listed by DaNette Miccolis, DRE#00988877 THE WHITING CO REALTORS, INC.
NEARBY SCHOOL & BUSINESS
