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1719 Encino Ave, Monrovia, CA 91016
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1719 Encino Ave Monrovia, CA 91016

$3,500,000
  • 12 Beds
  • 6 Baths
  • 5,712 Sq.Ft.
For Sale
$3,500,000 Get Pre-Qualified
Map preview of 1719 Encino Ave, Monrovia, CA 91016

Property Overview: 1719 Encino Ave Monrovia, CA has 12 bedrooms, 6 bathrooms, 5,712 living square feet and 17,781 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 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 & stove provided. Recent upgrades, including new dual-pane windows, driveway was recently repainted, all new wall A/C in all units, three 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. Don’t miss the chance to secure this rare, income-generating property in one of Monrovia’s most sought-after neighborhoods.

Listed by Ann Blanco | BRE #01374800 | SOUTHLAND PROPERTIES
Last checked: 11 minutes ago | Last updated: September 15th, 2024 | Source CRMLS | DOM: 13

Home details

Lot Sq. Ft
17,781
HOA Dues
$0/mo
Year built
1963
Garage
6 Car
Property Type:
Mixed Use
Status
Active
MLS#
CV24181257
City
Monrovia
County
Los Angeles
Time on Site
17 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 6
  • # of Leased Units: 6
  • # of Electric Meters: 6
  • # of Gas Meters: 6
  • # of Water Meters: 6
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: --
  • # of Baths: 0
  • Total Rent: --
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,985
  • Total Rent: --
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,075
  • Total Rent: --
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,015
  • Total Rent: --
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,100
  • Total Rent: --
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,400
  • Total Rent: --
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,125
  • Total Rent: --
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 22.97
  • Gross Scheduled Income: $152,400
  • Net Operating Income: $140,920
  • Gross Operating Income: $144,780
  • Gross Spendable Income: $140,920
Annual Expense Breakdown
  • Total Operating Expense: $11,480
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $4,080
  • Gardener: $1,680
  • Insurance: $3,180
  • Professional Management: $0
  • Water/Sewer: $0

Open Houses for 1719 Encino Ave

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Property Details for 1719 Encino Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • In Kitchen, Stackable
Fireplace Information
  • No Fireplace
  • None
Room Information
  • All Bedrooms Down, Kitchen, Main Floor Bedroom
Interior Features
  • Levels: One
  • Window Features: ENERGY STAR Qualified Windows
  • Security Features: Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Composition
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 6
  • # of Parking Spaces: 12
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 6
  • Parcel Number: 8507019053
  • Year Built Source: Assessor
  • Architectural Style: Traditional
  • Entry Level: 1
  • Property is Attached
  • Offered With Property: Dishwashers, stoves & Wall A/C units
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Connected, Natural Gas Connected, Sewer Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: Take Duarte Rd East past S Santa Anita, make a Left on Encino, complex on the Left side
Neighborhood Information
  • Community Features: Curbs, Foothills, Hiking, Suburban
View more facts & features

Local Monrovia Agent

Sale History for 1719 Encino Ave

Last sold on January 4th, 2018

  • September, 2024

  • Sep 5, 2024

    Date

    Active

    CRMLS: CV24181257

    $3,500,000

    Price

  • January, 2018

  • Jan 4, 2018

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1719 Encino Ave

Assessed Value (2020): $512,484
Year Land Value Improved Value Assessed Value
2020 $93,857 $418,627 $512,484

Home Value Compared to the Market

This property vs the competition

1719 Encino Ave is listed 233.33% higher than the median list price for the city of Monrovia which has a median list price of $1,050,000. The median price per/sqft for Monrovia is $676 and this home is listed at $612.75 per/sqft which puts the price per square foot 9.36% lower than the median price per square foot for the city of Monrovia.

About 1719 Encino Ave

Detailed summary of property

1719 Encino Ave is a mixed use located in Monrovia, CA 91016 and is currently for sale. This mixed use property offers 12 bedrooms, 6 bathrooms, roughly 5,712 living square feet, and sits on an approximately 17,781 square foot lot. 1719 Encino Ave was first listed on ArdentRealEstateGroup.com on September 1, 2024. The homeowner is currently asking $3,500,000. The median priced home in Monrovia is $1,050,000 with a median price per square foot of $676. Based on Ardent Real Estate Group's Monrovia Market Data, this home is listed 233.33% higher than the median priced home. Local competing homes currently for sale include 1128 Stanley Ave, 1036-1040 Dawson Ave and 2260 Santa Fe Ave. While the average home in Monrovia, CA is selling in 45 days, 1719 Encino Ave has a days on market of 13 days. There are currently 68 homes for sale in the Monrovia real estate market and 60 of them are single family homes while 6 of them are condos and 2 are townhomes. For more information on this home for sale at 1719 Encino Ave Monrovia, CA 91016 contact Ardent Real Estate Group and we will put you in touch with one of our Monrovia agents.

Public Facts for 1719 Encino Ave

Public county record property details
Beds
12
Baths
6
Year built
1963
Sq. Ft.
5,712
Lot Size
17,775
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
--
APN
8507-019-053

The source for these homes facts are from public records.

91016 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,050,000
Median List Price/Sq.Ft.
$670
Median Sold Price
$745,000
Median Sold Price/Sq.Ft.
$564
Total Inventory
69
Median Sale to List Price %
103.47%
Avg Days on Market
32
Loan Type
Conventional (35.71%), FHA (0%), VA (0%), Cash (21.43%), Other (42.86%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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