717 S Magnolia Avenue, Monrovia, CA 91016
- $1,550,000
- Sold Price
- $1,550,000
- List Price
- $999,950
- Closing Date
- Jan 30, 2026
- Status
- CLOSED
- MLS#
- AR25198595
- Year Built
- 1946
- Lot Size
- 8,078
- Acres
- 0.19
- Lot Location
- Corner Lot
- Days on Market
- 59
- Property Type
- Multifamily
- Property Sub Type
- Triplex
- Stories
- One Level
Property Description
TThis tenant occupied triplex offers a prime investment opportunity just a short distance from the shops, restaurants, library, and parks of Old Town Monrovia. Featuring three distinct units. The main building consists of a back-to-back duplex, with the front unit offering a comfortable 800 sq. ft. (approx.) layout with one-bedroom, one-bath, spacious living room, kitchen, wall AC units, gated front yard and use of a 2 car detached garage. The back unit is approx. 500 sq. ft. with 1 bedroom, 1 bath, kitchen, private yard, basement for storage and 2 tandem uncovered parking spaces. A separate, detached unit provides more space with two bedrooms, a full bathroom, a living room, dining area, kitchen, spacious private yad, laundry hook-ups and 2 tandem uncovered parking spaces. There is a 2 car garage that is used by the landlord. This is a fantastic opportunity for an investor seeking a turnkey property in a desirable location.
Additional Information
- Pool Description
- None
- Cooling
- Yes
- Cooling Description
- Wall/Window Unit(s)
- Garage Spaces Total
- 2
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 3
- Gross Scheduled Income
- $56,400
- Operating Expense
- 10600
Listing courtesy of Listing Agent: Espi Bagwell (espi.bagwell@kw.com) from Listing Office: Keller Williams Realty.
Listing sold by Todd Lethbridge from TODD REAL ESTATE
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.