210 N Encinitas Avenue, Monrovia, CA 91016

Property Description

PRIME INVESTMENT and RARE OPPORTUNITY IN MONROVIA'S HIGHLY SOUGHT-AFTER NORTH ENCINITAS HISTORIC DISTRICT. Welcome to this beautifully renovated craftsman triplex nestled in one of Monrovia's two coveted historic districts with rich history.The property invites you to experience an area renowned for its walkable streets, mature tree canopy, and timeless architectural charm as well as a lifestyle enriched by community and vibrant local culture.Positioned north of Foothill Blvd, this property stands out with its distinctive character, remodeled interiors, and major upgrades. The triplex consists of two vacant two-bedroom units and a cozy studio apartment, expertly blending functionality with classic appeal and versatile living and income options.With major capital improvements made, this property offers excellent value and upside potential. This is a perfect opportunity for an owner-occupant to reside in one unit while renting out the others, a smart strategy to offset mortgage payments and build equity over time, or for an investor seeking steady rental income opportunities.Residents enjoy the tranquility of a residential neighborhood while being moments away from vibrant Old Town Monrovia, filled with premier dining, shopping, and cultural experiences. Nearby recreation including hiking, cycling, and other activities make for a quality of life enriched with numerous outdoor options for a well-rounded lifestyle. With nearby public transit options and easy connectivity to freeway systems, this location is ideal for those seeking both the benefits of suburban living with the ease of commuter access.Families will appreciate access to Monrovia's excellent schools and family activities. This property not only meets residential needs but also serves as a strategic investment. Whether you're a first-time homebuyer looking to enter a sought-after market or an investor aiming to expand your portfolio, this triplex represents a compelling opportunity.Highlights:-House-hack potential: live in one, rent two- income-producing vacant units-Plenty of parking for tenants & guests-Desirable residential setting-Strong rental demand area with no inventory