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 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.

CV24181257

MLS ID

September 5, 2024

Listed

October 4, 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

22


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 10/4/2024. 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.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 10/4/2024 at 1:51 AM UTC

 

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