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1719 Encino Avenue

Monrovia, CA 91016

$3,500,000

List Price

N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten / sqft

1963

calendar_month Built

Property Description

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.

Listing Information

List Price $3,500,000
Status Active
MLS CV24181257
HOA $0
Type Residential Income
Subtype Mixed Use
Year Built 1963
Lot Size 17,781
Structure Size N/A
DOM 54
Courtesy Of SOUTHLAND PROPERTIES
Listing Agent Ann Blanco DRE#01374800

Interior Features

Laundry Information
Location(s) In Kitchen, Stacked
Bedroom Information
Features Bedroom on Main Level, All Bedrooms Down
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A
Fireplace Information
Features None
Additional Information
Additional Features All Bedrooms Down, Bedroom on Main Level
Cooling Type
Cooling Type Wall/Window Unit(s)

Exterior Information

Maps

home_work Nearby Properties

Image

$4,200/month

king_bed 3
shower 2
straighten 1,787
straighten 17,930
1715 Encino Avenue, #A,

Monrovia, CA 91016
Image

$180,000

king_bed N/A
shower N/A
straighten N/A
straighten N/A
0 Duarte,

Monrovia, CA 91016
Image

$1,100,000

king_bed N/A
shower N/A
straighten N/A
straighten 6,339
935 Genoa Street, #A,

Monrovia, CA 91016
Image

$3,395/month

king_bed 3
shower 3
straighten 1,720
straighten 20,895
708 W Duarte Road, #C,

Monrovia, CA 91016
Image

$988,000

king_bed 3
shower 3
straighten 1,910
straighten 2,153
1827 10Th Avenue,

Monrovia, CA 91016

Listing information courtesy of: Ann Blanco, SOUTHLAND PROPERTIES . *Based on information from the Association of REALTORS/Multiple Listing as of Oct 29th, 2024 at 4:57 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.