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$ 2,098,000

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863 W Olive AVE Monrovia, CA 91016

8,354 Sqft Lot

UPDATED:

01/29/2025 01:16 PM

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID P1-20422

Construction Status Updated/Remodeled,Turnkey

HOA Y/N No

Year Built 2013

Annual Tax Amount $18,504

Tax Year 2024

Lot Size 8,354 Sqft

Property 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., w/ convenient proximity to Arcadia & easy access to freeways, shopping areas & restaurants.The front single-level detached home originally built in 1946, underwent a complete renovation during 2012-2013, including the addition of a newly constructed two-car attached garage in 2013. The charming home offers open floor plan, two spacious bedrooms, a full bath, 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 and newer A/C system 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/ inspections and investigation about the square footage, measurements of each unit, year built and effective date, zoning, lot size, suitability, easements, income/expense, general condition, and all other aspects of the property and verify all the information and satisfy themselves. Front house fireplace is non-functional/faux. Drive By only. Please do not enter or walk on the premises. offers subject to inspection.

Location

State CA

County Los Angeles

Area 639 - Monrovia

Zoning MORH

Interior

Interior Features Granite Counters, High Ceilings, Primary Suite

Heating Central, Forced Air

Cooling Central Air

Flooring See Remarks

Fireplaces Type None

Inclusions Buil in applances

Fireplace No

Appliance Built-In Range, Dishwasher, Refrigerator, Water Heater

Laundry Laundry Closet, In Garage

Exterior

Parking Features None

Garage Spaces 6.0

Garage Description 6.0

Fence Fair Condition, Privacy

Pool None

Community Features Curbs, Sidewalks

View Y/N No

View None

Total Parking Spaces 6

Private Pool No

Building

Lot Description Back Yard, Front Yard, Sprinklers In Rear, Sprinklers In Front, Lawn

Story One, Two

Entry Level One,Two

Sewer Public Sewer

Water Public, Other

Architectural Style Contemporary, Traditional

Level or Stories One, Two

New Construction No

Construction Status Updated/Remodeled,Turnkey

Others

Senior Community No

Tax ID 8506024009

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Cash to New Loan, Conventional

Listing Terms Cash to New Loan, Conventional

Special Listing Condition Standard, Trust

Listed by Noushine Rostamian • Coldwell Banker Realty

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863 W Olive AVE Monrovia, CA 91016

Key Details

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Interior

Exterior

Building

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863 W Olive AVE