Investors, don't miss out on 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 and 1 bathroom. Contact Ann Blanco, listing agent, for all information regarding this property at [email protected] or 626-201-2225. All units include washer/dryer hookups, a dishwasher, wall heater, an open floor plan ,an individual private enclosed garage per unit, and a private backyard, providing valued privacy for tenants. Some units also have an additional parking space. The expansive 17,775 sq. ft. lot includes extra parking and larger yards for the two detached back units. Recent upgrades include new dual-pane windows, a newly repaved driveway, newer wall A/C units for all apartments, upgraded electrical service panels in all six units, and some interior upgrades. New wood fencing surrounds the property, enhancing curb appeal. Nestled on a quiet cul-de-sac near the Monrovia train station, the 210 freeway, parks, 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. First time on the market in 43 years!
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