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, all 6 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.
Property Details
Price:
$3,500,000
MLS #:
CV24181257
Status:
Active
Baths:
0
Address:
1719 Encino Avenue
Type:
Residential Income
Subtype:
Commercial/Residential
Neighborhood:
639monrovia
City:
Monrovia
Listed Date:
Aug 30, 2024
State:
CA
ZIP:
91016
Lot Size:
17,781 sqft / 0.41 acres (approx)
Year Built:
1963
See this Listing
Mortgage Calculator
Schools
Interior
Cooling
Wall/ Window Unit(s)
Fireplace Features
None
Heating
Wall Furnace
Window Features
E N E R G Y S T A R Qualified Windows
Exterior
Community Features
Curbs, Foothills, Hiking, Suburban
Garage Spaces
6.00
Green Energy Efficient
Windows
Lot Features
0-1 Unit/ Acre
Parking Features
Assigned
Parking Spots
12.00
Pool Features
None
Roof
Composition
Security Features
Smoke Detector(s)
Sewer
Public Sewer
Stories Total
1
Water Source
Public
Financial
Association Fee
0.00
Utilities
Cable Connected, Natural Gas Connected, Sewer Connected, Water Connected
Map
Community
- Address1719 Encino Avenue Monrovia CA
- Area639 – Monrovia
- CityMonrovia
- CountyLos Angeles
- Zip Code91016
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Courtesy of SOUTHLAND PROPERTIES. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
1719 Encino Avenue
Monrovia, CA
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