Income-Producing Property with Two Separate Residences in Monrovia! This unique property features two well-maintained homes on a 9,240 sq. ft. corner lot. The ADU fronting on a separate street. The main residence at 305 E. Camino Real offers 4 bedrooms, 2 bathrooms, and 1,383 sq. ft. Built in 1950 and updated in 2022. The separate ADU at 2316 Redell St., built in 2022, offers 4 bedrooms, 2 bathrooms, and 1,199 sq. ft. Separated gas, water, and electric meters, Two 2-car detached garages. Solar Panels. The combined 8 bedrooms and 4 bathrooms can generate strong monthly rental income. This property is an excellent opportunity for investors, extended families, or buyers seeking income potentials. Monrovia Unified School.
| MLS # | WS26190943 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1949 |
| Days On Site | 50 |
| Listing Provided By | COLDWELL BANKER GEORGE REALTY | CINDY PHAN |
| SQ Feet | 2,582 |
|---|---|
| Garage | 4 |
| Story(s) | 1 |
| Units | 2 |
| Building(s) | 2 |
| Acreage | 0.21 |
| Heating | Central |
|---|---|
| Heating Yes / No | Yes |
| Fireplace Yes / No | No |
| Lot Features | Corner Lot, Front Yard, Street Level |
|---|
| Garage Yes / No | Yes |
|---|
| Sewer | Public Sewer |
|---|
| Community Features | Curbs |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Monrovia |
| Zip Code | 91016 |
| Area | 639 Monrovia |
| Listing VS Median (in 91016) | |
Price: $1,750,000 low | high Med: $899,000 sqft: 2,582 low | high Med: 936 $ / sqft: $678 low | high Med: $960 On site: 50 low | high Med: 78 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Monrovia |
| Zip Code | 91016 |
| Area | 639 Monrovia |
| Listing VS Median (in 91016) | |
Price: $1,750,000 low | high Med: $899,000 sqft: 2,582 low | high Med: 936 $ / sqft: $678 low | high Med: $960 On site: 50 low | high Med: 78 | |
![]() | $1,750,000305 E Camino RealMonrovia, CA 91016 |
![]() | $1,390,000348 Shrode AvenueMonrovia, CA 91016 |
![]() | $1,390,000348 Shrode AvenueMonrovia, CA 91016 |