$2,098,000
For Sale

863 W Olive Avenue

Monrovia, CA 91016
Listing OfficeColdwell Banker Realty
Browse 10 photos
Type:Multi-Family
Structure:3 Family
Zone:Residential

Description

Exceptional Investment Opportunity in Prime North Monrovia. Built & remodeled in 2012-2013, this impressive triplex with 8 bedrooms/7 bathrooms is ideally situated N. of Huntington Dr & S. of Foothill Blvd., with convenient proximity to Arcadia with easy access to freeways, shopping areas and restaurants.The front single-level detached home underwent a complete renovation during 2012-2013, including the addition of a newly constructed two-car attached garage in 2013. This charming home features an open floor plan, two spacious bedrooms, a full bathroom, and a generously sized kitchen with built-in appliances, granite countertops, and a breakfast bar.Additional highlights include a private yard, direct access to the spacious two-car attached garage, and a designated laundry area.Rear of the property, behind the main house are two attached, two-story townhomes, each about 1268 Sq ft, constructed around 2012-2013. Each unit features a private gated entry, a secluded approx. 475 Sq. ft back yard and covered patio, and a two-car attached garage, and a laundry closet on 2nd floor. These townhomes offer three spacious bedrooms, including primary bedroom with high ceilings, 2.5 bathrooms, and modern kitchens equipped with built-in appliances, granite countertops, and central air conditioning.All units are currently occupied. The common areas and driveways are well-maintained, and each unit has its own separate utility meters. Tax record indicates year built 1947, total square footage 3640 Sq ft. Builder's record is 3355 Sq ft. Buyers to conduct their own due diligence/ investigation about the square footage, year built, lot size , suitability, easements, income/expense, general condition, and all other aspects of the property and verify all the information and satisfy themselves.. Drive By only. Please do not enter or walk on the premises. offers subject to inspection.

  • Property Details
      • Lot DescriptionBackYard, FrontYard, SprinklersInRear, SprinklersInFront, Lawn
      • InteriorGraniteCounters, HighCeilings, PrimarySuite
      • Property TypeMulti-Family
      • Utility SourcePublic, Other
      • Sewer InformationPublicSewer
      • CountyLos Angeles
      • Original List Price$2,098,000
      • MLS #P1-20422
      • MLS #P1-20422
      • Taxes Annual$18,504
      • Cost2098000
      • Property SubtypeTriplex
      • Acres0.1918
      • SubdivisionOther
      • Year Built1946
      • Stories1
      • Parking Spaces6

Location

Justin ThomasReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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