$1,459,000
$1,459,000
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5 Beds
4 Baths
2,648 SqFt
SOLD DATE : 07/02/2024
Key Details
Sold Price $1,459,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,648 sqft
Price per Sqft $550
MLS Listing ID DW24062552
Sold Date 07/02/24
Bedrooms 5
Full Baths 3
Half Baths 1
Construction Status Additions/Alterations,Turnkey
HOA Y/N No
Year Built 1949
Lot Size 7,108 Sqft
Property Description
Exciting Investment Opportunity in Prime Location!
Welcome to your dream investment property in the heart of a thriving neighborhood! This beautifully renovated single-family home with an additional Accessory Dwelling Unit (ADU) in the back presents an incredible opportunity for savvy investors looking to dive into the lucrative world of Airbnb rentals.
Main House Features:
Spacious 3 bedrooms, 2.5 bathrooms providing ample space for guests to relax and unwind.
The large master bedroom offers the epitome of comfort perfect for guests seeking a premium experience.
Recently renovated to perfection, boasting new roof, windows, and flooring, ensuring a modern and stylish ambiance throughout.
The centerpiece of the home is the stunning kitchen with a quartz countertop island, ideal for gathering and entertaining.
ADU Highlights:
Brand new construction completed in 2024, offering a fresh and contemporary living space.
2 bedrooms and 1 bath provide cozy accommodations for additional guests or separate rental potential.
Enjoy a private front yard, creating a serene oasis for guests to enjoy the outdoors.
The living area is equipped with a huge 85" inch TV and electric fireplace, providing the ultimate comfort and entertainment experience.
Income Potential:
The main house generates an impressive $6,800 monthly in short-term rental income, thanks to its desirable features and prime location.
The ADU adds to the profitability with an additional $3,000 in monthly rental income, providing a combined total of close to $10,000 a MONTH!
Investment Opportunity:
This property represents an exceptional investment opportunity for those looking to capitalize on the booming Airbnb market.
With its dual rental units and high rental income potential, it offers a steady stream of passive income for investors.
Whether you're a seasoned investor or just starting in the Airbnb space, this property promises great returns and long-term value appreciation.
Don't miss out on this rare chance to own a turnkey Airbnb investment property that ticks all the boxes for comfort, style, and profitability. Schedule your viewing today and secure your slice of the thriving short-term rental market!
Location
State CA
County Los Angeles
Area 617 - Duarte
Zoning DUR16500*
Rooms
Main Level Bedrooms 3
Interior
Interior Features All Bedrooms Down, Walk-In Closet(s)
Heating Central
Cooling Central Air
Flooring Vinyl
Fireplaces Type None
Fireplace No
Laundry Washer Hookup, Laundry Room
Exterior
Garage Concrete, Door-Single, Driveway, Garage Faces Front, Garage, Garage Door Opener, Paved
Garage Spaces 2.0
Garage Description 2.0
Fence Vinyl
Pool None
Community Features Curbs, Street Lights, Suburban, Sidewalks
View Y/N Yes
View Mountain(s), Neighborhood
Roof Type Composition,Shingle
Parking Type Concrete, Door-Single, Driveway, Garage Faces Front, Garage, Garage Door Opener, Paved
Attached Garage Yes
Total Parking Spaces 2
Private Pool No
Building
Lot Description Front Yard, Sprinklers In Front, Landscaped, Rectangular Lot, Yard
Story 1
Entry Level One
Sewer Public Sewer
Water Private
Level or Stories One
New Construction No
Construction Status Additions/Alterations,Turnkey
Schools
School District Duarte Unified
Others
Senior Community No
Tax ID 8528006047
Acceptable Financing Cash, Conventional, 1031 Exchange, FHA, Submit
Listing Terms Cash, Conventional, 1031 Exchange, FHA, Submit
Financing Conventional
Special Listing Condition Standard
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Michelle Esquivel
michelle@michellehomesellingteam.comOur team is ready to help you sell your home for the highest possible price ASAP
Bought with Mariel Sabado • Keller Williams R. E. Services
michelle@michellehomesellingteam.com
515 S Myrtle Ave, Monrovia, CA, 91016, USA