720 Ocean View, Monrovia, CA 91016
720 Ocean View, Monrovia, CA 91016
720 Ocean View, Monrovia, CA 91016
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$1,300,000
Est. payment /mo
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2 Beds
2 Baths
1,363 SqFt
New

720 Ocean View Monrovia, CA 91016

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,363 sqft

Price per Sqft $953

MLS Listing ID AR26124649

Bedrooms 2

Full Baths 2

Construction Status Turnkey

HOA Y/N No

Year Built 1922

Lot Size 9,003 Sqft

Property Sub-Type Duplex

Property Description

are North Monrovia Craftsman Duplex with Additional Bonus Space! Situated in one of North Monrovia's most desirable neighborhoods, this charming 1922 Craftsman property offers character, versatility, and investment potential just moments from Canyon Park, hiking trails, the Wilderness Preserve, and vibrant Old Town Monrovia. Rich in architectural detail, the front residence welcomes you with a classic front gable accented by dental molding, wood siding, a spacious front porch, and attractive drought-tolerant landscaping. Inside, the one-bedroom, one-bath unit showcases timeless Craftsman features including hardwood flooring, crown molding, original built-in bookcases, abundant natural light, and a decorative fireplace with marble surround and wood mantel. A formal dining room adjoins the beautifully remodeled kitchen featuring subway tile backsplash, abundant cabinetry, stainless steel appliances, stainless sink, and updated flooring. The remodeled bathroom offers a frameless walk-in shower with subway tile surround, rain shower head, vessel sink vanity, and brushed nickel fixtures. Attached at the rear is a well-appointed studio unit featuring hardwood flooring, updated kitchen with subway tile and stainless steel appliances, remodeled bathroom, and window air conditioning. A separate laundry structure provides additional functionality with open beam ceilings, laminate flooring, and storage space. The expansive rear yard creates a private outdoor retreat with mature trees, lush lawns, and a spacious patio ideal for entertaining, relaxing, or enjoying Southern California's year-round climate. Adding even more flexibility, the detached garage has been converted into a finished, non-conforming bonus space that is not included in the property's square footage. This versatile area is all electric and features a kitchenette with abundant cabinetry and sink, an open steel beam ceiling, and a stylish 3/4 bath with green ceramic tile accents in the shower. This additional space offers a variety of potential uses for hobbies, guests, a home office, creative pursuits, or recreation with potential added income of $1600 a month. Parking for up to five vehicles is conveniently located off the rear alley. Both residential units are currently tenant occupied by excellent tenants paying market rents, creating immediate income for the next owner. A rare opportunity to own a character-rich income property in one of Monrovia's most sought-after locations.

Location

State CA

County Los Angeles

Area 639 - Monrovia

Rooms

Main Level Bedrooms 2

Interior

Cooling Central Air, Wall/Window Unit(s)

Fireplaces Type Decorative, Living Room

Fireplace Yes

Appliance Dishwasher

Laundry Laundry Room

Exterior

Pool None

Community Features Foothills, Hiking, Preserve/Public Land, Park

View Y/N Yes

View Mountain(s), Neighborhood

Roof Type Composition

Private Pool No

Building

Lot Description Front Yard, Lawn, Landscaped, Near Park, Sprinkler System, Street Level

Dwelling Type Duplex

Story 1

Entry Level One

Foundation Raised

Sewer Public Sewer

Water Public

Architectural Style Craftsman

Level or Stories One

New Construction No

Construction Status Turnkey

Schools

School District Monrovia Unified

Others

Senior Community No

Tax ID 8518042006

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange

Listing Terms Cash, Cash to New Loan, 1031 Exchange

Special Listing Condition Standard, Trust


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Listed by Donna Baker JohnHart Corp. 626-487-0820, DRE #01308772

NEARBY SCHOOL & BUSINESS

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Cassandra Smith

Cassandra Smith

Agent | RE.S.169257

+1(702) 472-8000

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720 Ocean View