ActiveResidential · sale

620 Terrado Drive

Monrovia, CA 91016

$1,598,500

  • 3 beds
  • 3 baths
  • 2,281 sq ft
  • 0.2 acres
  • Built 1961

Listed by Elevate Real Estate Agency · MLS #RS26135456

620 Terrado Drive, Monrovia, CA 91016 — photo 1 View full photo
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A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 1961.

Garage parking

2 garage spaces listed.

Property size

0.2 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Welcome to this East Monrovia home completely remodeled in 2024 with comprehensive transformation featuring brandnew major systems including new plumbing new HVAC new roof new tankless water heater new washer and dryer complete remodeled kitchen and wet bar with new cabinets new appliances microwave refrigerator oven range and hood with quartz counter complete remodeled bathrooms with LED mirror with lights and antifog refurbished wood floor fully paid 30 panels SOLAR security cameras with monitor Termite tenting done in 2024This captivating 2281 square foot residence is nestled in the highly coveted East Monrovia neighborhood bordering Bradbury and the scenic Royal Oaks trail It also enjoys close proximity to Monrovia Canyon Park Santa Fe Dam the San Gabriel Mountains and numerous hiking trails This propertys prime location grants you easy access to Brad oaks Elementary School nearby shopping centers and an array of dining options Commuting is a breeze with the 210605 Freeways and the Metro Purple Line formerly the Gold Line just moments away Upon arrival youll be struck by the charming curb appeal updated landscaping and a freshly paved driveway The backyard is a true haven boasting a spacious pool to cool off during sweltering summer days An outdoor television invites you to host movie nights or catch up on sports events with friends and family For added convenience an outdoor full bathroom and outdoor storage help keep your belongings neatly organized The fully covered patio area is ideal for hosting barbecues and cherishing quality moments with loved ones Inside the house offers an expansive and open floor plan perfect for gatherings The great family room showcases a woodburning fireplace lofty vaulted ceilings and direct access to the backyard Real hardwood floors infuse elegance and coziness into the living space With three bedrooms theres ample room for everyone in the family and ensure that everyone has their own space to prepare for the day Parking is effortless with a twocar garage and a spacious driveway providing ample room for multiple vehicles 620 Terrado Drive epitomizes an exceptional lifestyle from the captivating pool and expansive backyard to outdoor amenities like the television and full bathroom Dont miss this remarkable opportunity to make 620 Terrado Drive your forever home in East Monrovia
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THE NEIGHBORHOOD

Explore the location.

620 Terrado Drive, Monrovia, CA 91016

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1961
Full baths
3
Garage spaces
2
Cooling
CentralAir,Electric
Heating
Central
Appliances
BuiltInRange,Dishwasher,ElectricOven,GasOven,Microwave,Refrigerator,TanklessWaterHeater,WaterToRefrigerator,Dryer,Washer
Flooring
Laminate,Tile,Wood
Utilities
ElectricityAvailable,ElectricityConnected,NaturalGasAvailable,NaturalGasConnected,WaterAvailable,WaterConnected
Fencing
Block
Accessibility
NoStairs
Pool
Yes
Pool features
Fenced,Filtered,InGround,Private
Spa
No
Parcel
8526015016
Elementary school
Bragg
Middle school
Clifton
High school
Monrovia
HOA fee
$0.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase—
Estimated monthly rent$6,660.42
Cap rate—

Annual operating income: —

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Your property and current assumptions will be included for our team to review.

Adjust assumptions
Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interest—Loan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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620 Terrado Drive, Monrovia, CA 91016 · MLS #RS26135456

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Listing information

MLS #RS26135456 · California Regional MLS

Listing brokerage: Elevate Real Estate Agency
Listing agent: Babak Alihaji

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.