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Karen Hiatt

karen.hiatt@engelvoelkers.com +1(805) 551-1225

Listed by Chris Dickey • Coldwell Banker Realty

$ 1,198,000

Est. payment -/mo

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143 North Garfield Place Monrovia, CA 91016

1,700 SqFt

UPDATED:

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

Karen Hiatt

Advisor | License ID: 01966162

+1(805) 551-1225

Karen Hiatt

143 North Garfield Place Monrovia, CA 91016

Key Details

Location

Interior

Exterior

Building

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143 North Garfield Place