210 N Encinitas Avenue, Monrovia, California 91016, Monrovia, 91016 - 4 bed, 3 bath
ACTIVE$1,289,000
210 N Encinitas Avenue, Monrovia, California 91016
4Beds
3Baths
1,995Sqft
6,388Lot
Year Built
1930
Close
-
List price
$1.29M
Original List price
$1.33M
Price/Sqft
$646
HOA
-
Days on market
-
Sold On
-
MLS number
P1-19902
Home ConditionFair
Features
View-
About this home
We found 2 Cons,3 Pros. Rank: price - $1.29M(71th), sqft - 1995(50th), beds - 4(57th), baths - 3(64th).
Embrace the potential of this charming Monrovia triplex! Nestled on a picturesque, tree-lined street among well-cared-for single-family homes, this property offers an exceptional income opportunity in a prime location. Just a short stroll to shops, restaurants, and public transit, it combines convenience with residential appeal.The vacant studio unit has been tastefully updated, ready for new occupants. The lower unit currently offers one bedroom, with the option to add a second. Don't miss out on this fantastic investment--schedule a tour today to see its full potential!
Condition Rating
Fair
The property was built in 1930. While the description mentions a tastefully updated vacant studio, the images show a mix of updated and outdated features. The kitchens and bathrooms appear functional but not recently renovated. The overall condition suggests the property has been maintained but is aged and requires some updates. The presence of both updated and older units suggests a 'Fair' condition.
Pros & Cons
Pros
Income Potential: Triplex property provides immediate income generation through multiple rental units.
Prime Location: Located on a desirable, tree-lined street within walking distance to shops, restaurants, and public transportation.
Updated Unit: Vacant studio unit has been recently updated, increasing its appeal to potential tenants.
Cons
Age of Property: Built in 1930, the property may require ongoing maintenance and potential upgrades due to its age.
Unit Configuration: One unit currently offers one bedroom, potentially limiting its rental appeal compared to units with more bedrooms, although there is an option to add a second bedroom.