Sold
Listed By:
Luther Tsinoglou with Compass;
Sold By:
Compass
Address
814 Encino Place, Monrovia, CA
Price
$ 2,000,000
Property Attributes
  • MLS#AR23205530
  • TypeMulti-Family
  • CountyLOS ANGELES
  • CityMonrovia
  • Zip91016
  • Style
  • Price$ 2,000,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3072
  • Lot Size11,134 SqFt
Data Source:
California Regional MLS (CRMLS)
Property Description

Exceptional Property with Three Distinct Houses on a Single Lot! Discover a truly remarkable property that presents an extraordinary opportunity for multi-generational living or investment in the heart of Monrovia This unique property boasts 3 separate houses, each with 3 bedrooms and 2 baths and a private fenced yard and patio, offering the perfect blend of modern convenience and timeless charm. One house is a brand new 3 bedroom and 2 bath Accessory Dwelling Unit (ADU) with a large, covered porch that has just been constructed. Each of the other two houses also has 3 bedrooms and 2 baths are effectively new, having been completely and meticulously renovated in 2023. Each of the 3 homes offer an open concept floor plan with a spacious living room along with a custom designed kitchen with new cabinets, quartz counters and high-end appliances and new bathrooms. The homes offer new electrical systems throughout, new copper plumbing, new water heater, new ductless a/c units, and new doors and high-efficient windows. Additionally, each home offers its own private yard space with a new concrete patio, and a private 1-car garage with new automatic garage doors that are pre-wired for an electric car charger. Other updates to the homes and property include: new drywall and insulation throughout, new sewer lines from the street, new individual 1.5” copper water lines to each home from the water meter, updated gas lines (ADU excluded) and new roofs. The property boasts a new 400v electric service with three separate electric meters and space for a fourth meter to accommodate a potential additional ADU. In addition, the new cement driveway offers extra uncovered parking spaces and the new custom fencing offers privacy to each resident. The property has been professionally landscaped with the addition of a low irrigation system for each house. Situated at the end of a small Cul-de-Sac, this property is immediately adjacent to Arcadia and offers ample privacy with easy access to the local shops, restaurants and public transportation.

Price History
11/8/2023 Listed $2,200,000

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 91016

Price
AVG $1.53M
$2M