Monrovia, CA 91016,1221 S Magnolia Ave
Monrovia, CA 91016,1221 S Magnolia Ave
Monrovia, CA 91016,1221 S Magnolia Ave
Monrovia, CA 91016,1221 S Magnolia Ave
Monrovia, CA 91016,1221 S Magnolia Ave
Monrovia, CA 91016,1221 S Magnolia Ave
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$1,735,000

$1,795,000

3.3%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

8 Beds

6 Baths

4,110 SqFt


SOLD DATE : 09/15/2021

Key Details

Sold Price $1,735,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 4,110 sqft

Price per Sqft $422

MLS Listing ID 21-777940

Sold Date 09/15/21

Style Contemporary

Bedrooms 8

Construction Status Updated/Remodeled

Year Built 1953

Lot Size 0.488 Acres

Acres 0.4881

Property Sub-Type Multi-Family

Property Description

Rare Monrovia 4plex located on a huge 21,262 square foot flag lot. Property located 2 minutes to Downtown Monrovia. Property consists of a main 4+3 VACANT Single Family Home with a private pool and backyard, a separate 2br 1bath house, and a duplex with two 1br 1 bath units. The main 4+3 house was built in the 1980's. The home was constructed as 2 units but is currently operating as a SFR with laundry hookups and 2 fireplaces and 2 kitchens. May be a good ADU candidate to create 2 units or do a complete remodel and have a large 2100 square foot home with a private backyard, 2 fireplaces, Central Heat/Air, and a private pool and patio. Monrovia does not have local Rent Control but property is subject to AB1482 which currently allows approximately 8% rent annual increases. Property has 6 covered carport spaces plus a 2 car garage. Units have laundry hookups.

Location

State CA

County Los Angeles

Area Monrovia

Zoning MOP/QP*

Rooms

Other Rooms None

Interior

Heating Central, Wall

Cooling Window Unit(s)

Flooring Carpet

Fireplaces Type Gas and Wood

Equipment Garbage Disposal, Gas Dryer Hookup, Electric Dryer Hookup, Range/Oven

Laundry Outside, In Closet

Exterior

Parking Features Assigned, Side By Side, Detached

Garage Spaces 8.0

Pool Heated with Gas, In Ground

Waterfront Description None

View Y/N No

View None

Roof Type Composition, Shingle

Building

Lot Description 2-4 Lots

Story 1

Foundation Raised

Sewer In Connected and Paid

Water District, Water District

Architectural Style Contemporary

Structure Type Hard Coat

Construction Status Updated/Remodeled

Others

Special Listing Condition Standard

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TheMLS (CLAW)
Listed by eXp Realty of Greater Los Angeles
Bought with Coldwell Banker Realty

GET MORE INFORMATION

Name

Phone*

Message

Armand Martin

+1(661) 221-5011

armand.martin@exprealty.com