Monrovia, CA 91016,814 Encino Place
Monrovia, CA 91016,814 Encino Place
Monrovia, CA 91016,814 Encino Place
Monrovia, CA 91016,814 Encino Place
Monrovia, CA 91016,814 Encino Place
Monrovia, CA 91016,814 Encino Place
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$1,075,000

$999,900

7.5%
Est.Price: ?

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Est. payment /mo

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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San Diego Regional MLS (SDMLS)
Listed by Brian Noh • Nohco Real Estate
Bought with Brian Noh • Nohco Real Estate
agent-avatar

+1(858) 414-1153

robyn@robynflint.com

Scripps Ranch, 92131, United States

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