6
See all 6 photos
$875,000
Est. payment /mo
7,945 Sqft Lot
New
239 E Olive AVE Monrovia, CA 91016
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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID AR25259449
HOA Y/N No
Year Built 1920
Lot Size 7,945 Sqft
Property Sub-Type Duplex
Property Description
Rare opportunity to own a duplex in near the heart of Monrovia, two blocks away from vibrant Myrtle Ave. Two separate homes on one lot with no common walls. Both the front and rear units are rented to long-term tenants paying below market rent. The front unit is a two level home with driveway parking. The rear unit is a single-level, 3 bedroom, 2 bathroom home with a detached garage which is currently being used for storage. The front unit is accessed from E. Olive Ave, while the rear unit features an oversized detached, two-car, garage accessible from the rear. Each unit is separately metered for gas and electricity. With significant upside potential, this is a great development opportunity.
Location
State CA
County Los Angeles
Area 639 - Monrovia
Interior
Fireplace No
Laundry See Remarks
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Suburban
Total Parking Spaces 2
Private Pool No
Building
Lot Description Front Yard
Story 2
Sewer Unknown
Water Public
New Construction No
Others
Senior Community No
Tax ID 8516028027
Acceptable Financing Cash, 1031 Exchange
Listing Terms Cash, 1031 Exchange
Special Listing Condition Standard
Listed by Tom Safa Safa Real Estate tom@safarealestate.com
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