612 614 E Colorado Boulevard

Two homes on one lot blocks from Old Town Monrovia with all the expensive permitted remodel work done The front house 612 lives like an elegant singlefamily residence 1550sf 3 bedrooms 3 baths plus a flexible bonus den that works as an office guest room or 4th bedroom The primary suite offers a roomsize walkin closet and ensuite bath while the secondary suite enjoys its own private entrance bath walkin closet and sink ready to be permitted as a JADU The spacious galley kitchen thoughtfully designed opens to the living and dining areas creating a comfortable and inviting space for everyday living and entertaining The detached rear unit 614 above the garage a private 500sf unit 1 bedroom a den with closet space easily serves as a 2nd bedroom bath efficiency kitchen and living room is immediately incomeproducingA renovation to the studs new plumbing new electrical with new meter subpanels tankless water heaters for both units new roof new central AC new minisplit new premium waterproof engineered wood flooring new cabinetry new decking all new windows and allnew appliances The existing 2car garage has approved plans permitted for a 496sf ADU conversion and the oversized courtyard offers room for an additional 1000sf detached ADU Buyer to verify all development potential with the City of Monrovia and perform own due diligenceLive in front collect income in back and grow into the lot Few San Gabriel Valley properties let an owneroccupant offset their housing cost while building a multiunit portfolio on a single parcel An excellent moveinready option for ownerusers multigenerational families and investors Lots of mature trees like Mango Avocado Lemon Orange Short walk to the vibrant Old Town Myrtle Avenue dining Library Park and shopping with the A Line and the 210 Freeway minutes away An extraordinary property offering versatility quality and future upside A rare opportunity not to be missed