143 North Garfield Place Active Save Request In-Person Tour Request Virtual Tour
Monrovia,CA 91016
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,700 sqft
Price per Sqft $704
MLS Listing ID AR-25199270
Year Built 1951
Lot Size 8,033 Sqft
Property Sub-Type Single Family Residence
Source California Regional Multiple Listing Service (CRMLS)
Property Description
Welcome to 143 N Garfield Place in the heart of Monrovia—a rare opportunity to own a fully tenant-occupied, income-generating duplex in a prime location. Situated on a quiet cul-de-sac just north of Foothill Blvd., this property features two separate homes on one lot, offering both immediate rental income and long-term investment potential. The front residence is a spacious 3-bedroom, 2-bathroom home with approximately 1,300 square feet of living space. It boasts vaulted ceilings, a cozy fireplace in the living room, and abundant natural light throughout. Tenants enjoy the convenience of in-unit laundry, a large backyard shaded by mature oak trees, and a covered patio deck perfect for relaxing or entertaining. The rear unit is a fully permitted ADU, newly constructed in 2024. This modern 1-bedroom, 1-bathroom home spans 400 square feet and features vaulted ceilings, LED recessed lighting, and its own laundry area. Both units are thoughtfully designed to provide comfort and privacy, making them highly desirable rental options. Currently, the front unit is leased at $3,589 per month and the ADU at $2,650 per month, offering a strong return on investment from day one. Located within close proximity to everyday conveniences including CVS, Ralphs, Grocery Outlet, Starbucks, and a variety of restaurants. Residents also enjoy easy access to Old Town Monrovia, public transportation, and major freeways, enhancing the property's appeal and accessibility. Whether you're expanding your portfolio or entering the rental market, this well-maintained, income-producing property offers a compelling blend of location, functionality, and financial upside.
Location
State CA
County Los Angeles
Area 639 - Monrovia
Zoning MORL*
Interior
Interior Features Copper Plumbing Partial
Heating Central
Fireplaces Type Living Room
Inclusions Stove, Refrigerator, Microwave, Dishwasher, Washer and Dryer in front house. Stove Refrigerator, Microwave, Washer and Dryer in ADU.
Laundry Dryer Included,Inside,Washer Hookup,Washer Included
Exterior
Garage Spaces 1.0
Pool None
Community Features Biking,Hiking
Utilities Available Sewer Connected,Water Connected,Cable Available,Natural Gas Connected,Phone Available
Building
Lot Description 2-5 Units/Acre
Sewer Public Sewer