143 Garfield Place, Monrovia, CA 91016
Local realty services provided by:Better Homes and Gardens Real Estate Reliance Partners
143 Garfield Place,Monrovia, CA 91016
$1,198,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by:chris dickey
Office:coldwell banker realty
MLS#:AR25199270
Source:CAREIL
Price summary
- Price:$1,198,000
About this home
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.
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Home facts
- Year built:1951
- Listing ID #:AR25199270
- Added:46 day(s) ago
- Updated:October 10, 2025 at 04:30 PM
Heating and cooling
- Cooling:Central Air
- Heating:Central Forced Air, Gas
Structure and exterior
- Roof:Composition
- Year built:1951
- Lot area:0.18 Acres
Utilities
- Water:District - Public
Finances and disclosures
- Price:$1,198,000
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