Exceptional Investment Opportunity in Prime North Monrovia. Built & remodeled in 2012-2013, this impressive Triplex with 8 bedrooms/7 bathrooms is ideally situated N. of Huntington Dr & S. of Foothill Blvd., w/ convenient proximity to Arcadia & easy access to freeways, shopping areas & restaurants.The front single-level detached home originally built in 1946, underwent a complete renovation during 2012-2013, including the addition of a newly constructed two-car attached garage in 2013. The charming home offers open floor plan, two spacious bedrooms, a full bath, a generously sized kitchen with built-in appliances, granite countertops, and a breakfast bar. Additional highlights include a private yard, direct access to the spacious two-car attached garage, and a designated laundry area and newer A/C system Rear of the property, behind the main house are two attached, two-story townhomes, each about 1268 Sq ft, constructed around 2012-2013. Each unit features a private gated entry, a secluded approx. 475 Sq. ft back yard and covered patio, and a two-car attached garage, and a laundry closet on 2nd floor. These townhomes offer three spacious bedrooms, including primary bedroom with high ceilings, 2.5 bathrooms, and modern kitchens equipped with built-in appliances, granite countertops, and central air conditioning.All units are currently occupied. The common areas and driveways are well-maintained, and each unit has its own separate utility meters. Tax record indicates year built 1947, total square footage 3640 Sq ft. Builder’s record is 3355 Sq ft. Buyers to conduct their own due diligence/ inspections and investigation about the square footage, measurements of each unit, year built and effective date, zoning, lot size, suitability, easements, income/expense, general condition, and all other aspects of the property and verify all the information and satisfy themselves. Front house fireplace is non-functional/faux. Drive By only. Please do not enter or walk on the premises. offers subject to inspection.
Property Details
Price:
$2,098,000
MLS #:
P1-20422
Status:
Active
Baths:
0
Address:
863 W Olive Avenue
Type:
Residential Income
Subtype:
Triplex
Neighborhood:
639monrovia
City:
Monrovia
Listed Date:
Jan 12, 2025
State:
CA
ZIP:
91016
Lot Size:
8,356 sqft / 0.19 acres (approx)
Year Built:
2013
See this Listing
Mortgage Calculator
Schools
Interior
Appliances
Dishwasher, Water Heater, Built- In Range, Refrigerator
Cooling
Central Air
Fireplace Features
None
Flooring
See Remarks
Heating
Central, Forced Air
Interior Features
High Ceilings, Granite Counters
Exterior
Community Features
Curbs, Sidewalks
Fencing
Fair Condition, Privacy
Garage Spaces
6.00
Lot Features
Back Yard, Sprinklers In Front, Sprinklers In Rear, Lawn, Front Yard
Parking Features
None
Parking Spots
6.00
Pool Features
None
Security Features
Carbon Monoxide Detector(s), Smoke Detector(s)
Sewer
Public Sewer
Spa Features
None
View
None
Water Source
Other, Public
Financial
Association Fee
0.00
Taxes
$18,505
Tenant Pays
Cable T V, Water, Trash Collection, Telephone, Sewer, Gas, Electricity
Map
Community
- Address863 W Olive Avenue Monrovia CA
- Area639 – Monrovia
- CityMonrovia
- CountyLos Angeles
- Zip Code91016
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863 W Olive Avenue
Monrovia, CA
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