1719 Encino Ave, Monrovia, California, United States | Homes For Sale at GLOBAL LISTINGS

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Home For Sale

$3,500,000

1719 Encino Ave
Monrovia, California, United States

12bd 6ba

Listed By: Realtyww Info

Listed On: 09/11/2024

Listing ID: GL11230179 View More Details

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 the 2 back units. Each unit has a dishwasher and stove provided. Recent upgrades, including new dual-pane windows, driveway was recently resurfaced, updated copper plumbing, all six 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. Dont miss the chance to secure this rare, income-generating property in one of Monrovias most sought-after neighborhoods.

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Listed by: Ann Blanco