$3,400,000
1719 Encino Avenue Monrovia, CA 91016
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$3,400,000
Est. payment /mo
5,712 SqFt
UPDATED:
11/11/2024 09:46 PM
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 5,712 sqft
Price per Sqft $595
MLS Listing ID CRCV24181257
HOA Y/N No
Year Built 1963
Lot Size 0.408 Acres
Acres 0.41
Property Description
Don't miss out on this rare 6-plex multifamily property in the highly desirable Santa Anita tract of Monrovia, CA. Perfect for 1031 exchanges or first-time investors, this exceptional property at 1719 Encino Ave offers six well-maintained units, each with 2 bedrooms, 1 bathroom, and one individual garage per unit. The expansive 17,775 sq ft lot includes extra parking and larger yards for the two detached back units, providing one additional parking space for each of the two back units. Each unit has washer/dryer hookups, and a dishwasher and stove are provided. Recent upgrades include new dual-pane windows, a repaved driveway, newer wall A/C units in all units, upgraded service panels in all six units, and new wood fencing that enhances the property's curb appeal along with landscape lighting. Nestled on a quiet cul-de-sac near the Monrovia train station, the 210 freeway, parks, shopping, and dining, this property is situated in a rapidly growing market with rising property values, ensuring strong rental demand and excellent potential for capital appreciation. Don’t miss the chance to secure this rare, income-generating property in one of Monrovia’s most sought-after neighborhoods.
Location
State CA
County Los Angeles
Area Listing
Zoning MORP
Interior
Interior Features Energy Star Windows Doors
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Laundry Other, In Kitchen
Building
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 8507019053
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Listed by Ann Blanco • SOUTHLAND PROPERTIES
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