Active
1719 Encino Avenue
Monrovia CA, 91016
$3,500,000
$612.75 per sqft
Active
5,712 sqft
Multi-family
Built in 1963
Listed by Ann Blanco with SOUTHLAND PROPERTIES 626-201-2225
Step into a prime investment opportunity with 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 the 2 back units. Each unit has a dishwasher & stove provided. Recent upgrades, including new dual-pane windows, driveway was recently repainted, all new wall A/C in all units, three units have an upgraded service panel, new wood fencing gives the property enhanced 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.
CV24181257
MLSⓇ ID
September 5, 2024
Listed
September 15, 2024
Updated
Map
1719 Encino Avenue
Monrovia CA, 91016
Interior Features
Total Stories
1
Interior Features
All Bedrooms Down, Bedroom on Main Level
Laundry Description
In Kitchen, Stacked
Fireplace
No
Fireplace Description
None
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Heating
Yes
Heating Description
Wall Furnace
Exterior/Building Features
Lot Size
0.41 Acres
Lot Features
0-1 Unit/Acre
Architectual Style
Traditional
Roof
Composition
Sewer
Public Sewer
Other Property Details
Area Name
639 - Monrovia
Days on Market
10
Garage
Yes
Garage Spaces
6
Parking
Assigned
Parking Total
12
View
No
County
Los Angeles
Water Source
Public
Pool
No
Pool Features
None
Zoning
MORPD*
Listing Contact: 626-914-6999
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 9/15/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 9/15/2024 at 5:57 PM UTC