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    1617 Encino Avenue

    Monrovia, CA 91016
    • $1,750,000
    • STATUS: Active
    • ON SITE: 26 Days
    • ID#: AR21215628
    UPDATED: 76 min ago
    $1,750,000
    • 0
      BEDS
    • 0.3
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1963
    County:

    School Ratings & Info

    Description

    1617 Encino Ave, a 4-unit multifamily property located in Monrovia, CA. The property boasts an excellent unit mix with upside rental potential: (1) 3B+1.5B, (2) 2B+1.5B and (1) 2B+1B. All the units are separately metered for gas and electric and have wall A/C units. Built in 1963, the property features 6 onsite parking spots. 1617 Encino Ave is on a lovely residential street bordering Arcadia, CA. The property is close to local elementary, middle, and high schools, as well as amenities such as parks, grocery stores, and local eateries.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-25T09:25:16.403. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Parsons Team | Keller Williams Realty. Licensed in the State of California, USA.
    www.theparsonsrealestateteam.com/homes/121883539
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    1617 Encino Avenue Monrovia, CA 91016

    • Price: $1,750,000
    • Status: Active
    • Updated: 76 min ago
    • ID#: AR21215628
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.3
    Acres
    1963
    Built
    Neighborhood:
    639 - Monrovia
    County:
    Los Angeles
    Area:
    639 - Monrovia
    Property Description
    1617 Encino Ave, a 4-unit multifamily property located in Monrovia, CA. The property boasts an excellent unit mix with upside rental potential: (1) 3B+1.5B, (2) 2B+1.5B and (1) 2B+1B. All the units are separately metered for gas and electric and have wall A/C units. Built in 1963, the property features 6 onsite parking spots. 1617 Encino Ave is on a lovely residential street bordering Arcadia, CA. The property is close to local elementary, middle, and high schools, as well as amenities such as parks, grocery stores, and local eateries.
    Exterior Features

    Lot Features Front YardGarden Number Of Separate Electric Meters 4 Parking Total 2 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Common Walls 1 Common Wall Heating Central Heating YN Yes

    Property Features

    Additional Parcels YN No Common Interest None Community Features Sidewalks Electric Expense 320 Fuel Expense 0 Garage YN Yes Gross Income 83088 Gross Scheduled Income 83088 Insurance Expense 1840 Land Lease YN No Laundry Features Inside Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan Net Operating Income 49925 New Construction YN No Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Operating Expense 30670 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 1560 Water Sewer Expense 1560 Water Source Public Zoning Morpd*

    Listing provided courtesy of Jagmeet Singh of Keller Williams Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-25T09:25:16.403. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Parsons Team | Keller Williams Realty. Licensed in the State of California, USA.
     
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