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For Sale

$1,188,000

2,200 sqft$540/sqft108 days on market

163 May Avenue AVE

Monrovia, CA 91016

· 8% down, 7% APR, 30yr fixed

4

Beds

3

Baths

2,200

Square feet

1922

Built

Listing narrative

Description

RRICE REDUCED! Steeped in Monrovia history, this unique property blends 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 home’s 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 with two separate homes on a large lot in a highly desirable North Monrovia neighborhood. Conveniently located close to downtown!

Listing agent (MLS): DaNette Miccolis · Listing brokerage (MLS): THE WHITING CO REALTORS, INC.

Property Details

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Price

$1,188,000

Beds

4 bd

Type

Multi-Family

Home Size

2,200 sqft

Baths

3

Lot Size

0.17 acres

Year

1922

Status

For Sale

Days on Market

108

$ / Sqft

$540

· 8% down, 7% APR, 30yr fixed
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Courtesy of THE WHITING CO REALTORS, INC.