$1,075,000
$999,900
7.5%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
2 Baths
0.26 Acres Lot
SOLD DATE : 09/07/2022
Key Details
Sold Price $1,075,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID OC22178030
Sold Date 09/07/22
Bedrooms 4
HOA Y/N No
Lot Size 0.256 Acres
Property Description
813-814 Encino Pl is an amazing opportunity to acquire a fixer upper Two unit property located in Monrovia next to the city of Arcadia off the 210 freeway. This investment offers an owner occupier or investor a chance to add significant value to a solid residential income property in a strong rental market. The property was built in 1961 and is comprised of 2,072 SF with two separate units both 2/1 with a bonus room that can be made into a 3 bedroom unit. Both units are approximately 1,036sf each and there is room to expand or add sf to each of the units. With a large three car detached garage on a large 11,130sf lot on a cul de sac street, there is ample parking, storage, and a huge opportunity to convert it into an ADU for additional income The entire property will be delivered vacant and in As Is condition, allowing for a new owner to update and remodel the units and maximize market rents. Great Location in Monrovia in San Gabriel Valley near Arcadia, Sierra Madre, Duarte, Bradbury, Irwindale Speedway, Old Town, 210 Freeway, Parks & Recreation, and Restaurants & Shops.
813-814 Encino Pl is an amazing opportunity to acquire a fixer upper Two unit property located in Monrovia next to the city of Arcadia off the 210 freeway. This investment offers an owner occupier or investor a chance to add significant value to a solid residential income property in a strong rental market. The property was built in 1961 and is comprised of 2,072 SF with two separate units both 2/1 with a bonus room that can be made into a 3 bedroom unit. Both units are approximately 1,036sf each and there is room to expand or add sf to each of the units. With a large three car detached garage on a large 11,130sf lot on a cul de sac street, there is ample parking, storage, and a huge opportunity to convert it into an ADU for additional income The entire property will be delivered vacant and in As Is condition, allowing for a new owner to update and remodel the units and maximize market rents. Great Location in Monrovia in San Gabriel Valley near Arcadia, Sierra Madre, Duarte, Bradbury, Irwindale Speedway, Old Town, 210 Freeway, Parks & Recreation, and Restaurants & Shops.
Location
State CA
County Los Angeles
Area Monrovia (91016)
Zoning Appraiser
Building
Lot Description Cul-De-Sac, Curbs, Sidewalks
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
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Bought with Brian Noh • Nohco Real Estate