Property Detail
Description
Rare investment opportunity in Monrovia. This fully renovated property at 1213 S California Ave offers a strong income-producing setup with a main house of approximately 2,000+ sq ft plus a newly built ADU of approximately 1,000 sq ft on a large 11,445 sq ft lot. The property has been extensively upgraded, including new roof, new stucco, new flooring, renovated kitchen, updated finishes, and a brand-new ADU. A spacious roof terrace adds additional usable outdoor space and lifestyle value. Most importantly for investors, the property is currently leased for $13,000 per month, with a lease already in place for the next several years, creating immediate cash flow from day one. This is an excellent opportunity for buyers looking for stable income, upgraded condition, low initial maintenance, and long-term investment potential in a desirable Monrovia location. A turnkey income property with strong rental performance, multiple living structures, and a large lot a rare combination for today's market.
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Listing provided courtesy of Nikolai Medvedev of Berkshire Hathaway HomeServices California Properties. Last updated 2026-06-23 08:11:26.000000. Listing information © 2026 CRMLS.
John Collins
DRE# 01948188
888 Prospect St. Suite 140
La Jolla, CA 92037
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858.252.0200
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Address
888 Prospect St. Suite 140 La Jolla CA 92037
Coldwell Banker Realty, CalBRE# 00616212
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