Lyric Place, CA homes for sale & real estate

Lyric Place, CA Homes for Sale

Charming Craftsman-style duplex located on a quiet street north of Foothill Boulevard in Monrovia. Situated on a spacious 7,496 sq. ft. lot, the property features two separate units, each with its own unique floor plan, along with garage parking, individual laundry areas, and generous front and rear yard space. With classic character throughout and a desirable location, this property offers a great opportunity for an investor or owner-user.

Lyric Place, CA Homes for Sale

Steeped in Monrovia history, this unique property blends vintage character with immense upside potential. Originally built as a carriage barn contractor W. H. McCune pulled permits in 1920 to transform the structure into a home. While it began its life as a two bedroom, one bathroom residence the main home has since been expanded to feature 3 bedrooms, 1 1/2 bathrooms and a convenient interior laundry room. Interior features original hardwood floors, classic built-in china hutch in the dining room and built-in shelves in the living room. Under the house a small basement area that possibly once housed the original furnace offers a historic nod to the home’s past. While the main home aw

Lyric Place, CA Homes for Sale

Spanning four separate buildings, 137 and 147 N Myrtle Avenue, along with 146 and 148 Stedman Place, the property covers three separate parcels totaling a large 32,485 square foot, block-to-block area of land. Because the City of Monrovia does not have its own restrictive local rent control, the property benefits from higher allowable rent increases under California's statewide AB 1482. This may help a new owner to recapture the approximately 26% in rent upside more rapidly, leading to a more dramatic increase in future cash flow. Monrovia is also not subject to the expensive Measure ULA taxes that burden nearby Los Angeles, allowing investors to keep substantially more profits from buildin