863 W Olive Avenue

Monrovia, CA 91016

$2,098,000

List Price

N/A

bed Beds

shower Baths

N/A sqft

straighten / sqft

2013

calendar_month Built

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.

Listing Information

List Price $2,098,000
Status Active
MLS P120422
HOA $0
Type Residential Income
Subtype Triplex
Year Built 2013
Lot Size 8,356
Structure Size N/A
DOM 17
Courtesy Of Coldwell Banker Realty
Listing Agent Noushine Rostamian DRE#01066426

Interior Features

Laundry Information
Location(s) Laundry Closet, In Garage
Total Bedroom
Bedrooms N/A
Flooring Information
Material See Remarks
Fireplace Information
Features None
Additional Information
Additional Features Granite Counters, High Ceilings, Primary Suite
Cooling Type
Cooling Type Central Air

Exterior Information

Maps

Listing information courtesy of: Noushine Rostamian, Coldwell Banker Realty (626) 536-3999. *Based on information from the Association of REALTORS/Multiple Listing as of Jan 29th, 2025 at 1:16 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.