1719 Encino Avenue, Monrovia, CA 91016
  • MLS#: CV24181257 ( Commercial/Residential )
  • Street Address: 1719 Encino Avenue
  • Viewed: 2
  • Price: $3,400,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1963
  • Bldg sqft: 0
  • Days On Market: 77
  • Additional Information
  • County: LOS ANGELES
  • City: Monrovia
  • Zipcode: 91016
  • Provided by: SOUTHLAND PROPERTIES
  • Contact: Ann Ann
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Don't miss out on 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. Dont miss the chance to secure this rare, income generating property in one of Monrovias most sought after neighborhoods.
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Features
Architectural Style
  1. Traditional
Assessments
  1. Unknown
Association Fee
  1. 0.00
Building Area Total
  1. 5712.00
Commoninterest
  1. None
Common Walls
  1. 1 Common Wall
Cooling
  1. Wall/Window Unit(s)
Country
  1. US
Days On Market
  1. 69
Current Financing
  1. None
Electric Expense
  1. 0.00
Entry Location
  1. Driveway
Exclusions
  1. washer and dryers
  2. Fridges & microwaves.
Fireplace Features
  1. None
Fuel Expense
  1. 0.00
Garage Spaces
  1. 6.00
Gardner Expense
  1. 1680.00
Green Energy Efficient
  1. Windows
Heating
  1. Wall Furnace
Inclusions
  1. Dishwashers
  2. stoves & Wall A/C units
Insurance Expense
  1. 3180.00
Laundry Features
  1. In Kitchen
  2. Stackable
Levels
  1. One
Lockboxtype
  1. None
  2. See Remarks
Lot Features
  1. 0-1 Unit/Acre
Netoperatingincome
  1. 140920.00
Parcel Number
  1. 8507019053
Parking Features
  1. Assigned
Pool Features
  1. None
Professionalmanagementexpense
  1. 0.00
Property Type
  1. Commercial/Residential
Roof
  1. Composition
Security Features
  1. Smoke Detector(s)
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 422245160:CRM
Taxblock
  1. 36
Totalactualrent
  1. 12700.00
Totalexpenses
  1. 8160.00
Trash Expense
  1. 4080.00
Uncovered Spaces
  1. 6.00
Utilities
  1. Cable Connected
  2. Natural Gas Connected
  3. Sewer Connected
  4. Water Connected
Virtual Tour Url
  1. https://www.wellcomemat.com/mls/5822a9bb97031lqu1
Water Sewer Expense
  1. 0.00
Water Source
  1. Public
Window Features
  1. ENERGY STAR Qualified Windows
Year Built
  1. 1963
Year Built Source
  1. Assessor
Zoning
  1. MORPD*