Discover a unique opportunity in the North Encinitas Historical District. If you envision reviving a historic property, this project is for you. This non-contributor could qualify for Mills Act benefits with proper rehabilitation, offering a lucrative chance for those ready to embark on this journey.
Property Details:
Configuration: 2-Bedroom, 1-Bathroom
Living Spaces: Spacious living room, dining area, and family-room kitchen combination
Size: 7,450 sq ft lot with 1,200 sq ft living space
Condition: Requires complete overhaul
This 'diamond in the rough' awaits transformation to merge modern living with historical charm. It's a chance to contribute to Monrovia's legacy and community spirit.
Location Benefits:
Proximity: Two blocks from Old Town Monrovia
Accessibility: Excellent freeway and public transportation access
The neighborhood offers a lifestyle that combines modern convenience with historical allure.
Ideal Buyer:
Perfect for investors or seasoned homeowners. With the right vision, this is a rewarding endeavor to achieve personal and financial goals through Mills Act benefits.
Legal Notes:
Though currently a non-contributor, achieving contributor status can make it eligible for Mills Act benefits, often including property tax relief.