814 Encino PL Monrovia, CA 91016

813-814 Encino Pl is an amazing opportunity to acquire a fixer upper Two unit property located in Monrovia next to the city of Arcadia off the 210 freeway. This investment offers an owner occupier or investor a chance to add significant value to a solid residential income property in a strong rental market.
The property was built in 1961 and is comprised of 2,072 SF with two separate units both 2/1 with a bonus room that can be made into a 3 bedroom unit. Both units are approximately 1,036sf each and there is room to expand or add sf to each of the units. With a large three car detached garage on a large 11,130sf lot on a cul de sac street, there is ample parking, storage, and a huge opportunity to convert it into an ADU for additional income
The entire property will be delivered vacant and in As Is condition, allowing for a new owner to update and remodel the units and maximize market rents.
Great Location in Monrovia in San Gabriel Valley near
Arcadia, Sierra Madre, Duarte, Bradbury, Irwindale Speedway, Old Town, 210 Freeway, Parks & Recreation, and Restaurants & Shops.