Seller Motivated - Call for price reduction. One of a kind multi-generational home or investment generating property in Monterey Park. Situated in the hillsides of Garvey Reservoir, the main house has around 1650 sq/ft of living space with permitted addition and a lovely permitted 456 sq/ft cottage in the back. This move-in ready, single-floor home, sits on top of a 8900 sq/ft lot with a step-up terrace surrounded by mature fruit trees. In accordance with the new California ADU laws, the guest house can expand up to 800 sq/ft, while the main house can add on a Jr. ADU up to 500 sq/ft. The new owner can potentially convert this home up to 3400 sq/ft of livable space or rent-able investment income by simply adding on. This traditional hillside home has an updated kitchen with granite counter tops and newer cabinets. The flooring is carpeted and covers the original wood flooring. This property is very well maintained and has a separate guest cottage in the back. It is perfect for rental income, visiting nanny, on-site-nurse, family, studio, office and more. It also features a living/dining room, 1 bed, 1 bath and it's own private kitchen. Convenient location close to Garfield Medical Center, all the retail shopping restaurants and supermarkets and near by public transit stop. This house is in the distinguished Alhambra School district and is close to Mark Keppel high school and Repetto Elementary/Middle School. Why pay more to get less, this home has so much potential.
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