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Diego Magdaleno

diego@1visionproperties.com +1(714) 676-7271

$1,199,999

Est. payment - /mo

8,001 Sqft Lot

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Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR25226060

HOA Y/N No

Year Built 1918

Lot Size 8,001 Sqft

Property Sub-Type Triplex

Property Description

Unlock the possibilities at 307 E Olive Avenue, a classic 1918 triplex offering a rare chance to revive a true Monrovia charmer. The front residence is a charming Craftsman home featuring 3 bedrooms and 2 bathrooms, brimming with vintage character and architectural detail. Behind it are two additional 1-bedroom, 1-bath units, providing income potential or space for multi-generational living. Set on an expansive 8,000 square feet lot in the heart of Monrovia, this income-producing property blends vintage character. The property offers parking for up to 6 cars, a coveted amenity in this vibrant neighborhood. Just two blocks from vibrant Old Town Monrovia, enjoy boutique shopping, acclaimed dining, and lively Friday Night Street Fairs along Myrtle Avenue. Founded in 1887, Monrovia is celebrated as the fourth oldest city in Los Angeles County and is rich with architectural heritage. Outdoor enthusiasts will love nearby Monrovia Canyon Park, where oak-lined trails and cascading waterfalls showcase the natural beauty of the San Gabriel Mountains. The community has a highly regarded Monrovia Unified School District, including Wild Rose School of Creative Arts, Clifton Middle, and Monrovia High. Combining history, location, and multi-unit income potential, 307 E Olive Avenue presents an exceptional opportunity to restore and reimagine a piece of Monrovia's enduring charm.

Location

State CA

County Los Angeles

Area 639 - Monrovia

Interior

Interior Features Walk-In Closet(s)

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Carpet, Tile

Fireplaces Type None

Fireplace No

Laundry Outside

Exterior

Parking Features On Site, Oversized, Paved, Shared Driveway

Pool None

Community Features Urban

View Y/N Yes

View Mountain(s), Neighborhood

Roof Type Shingle

Accessibility Grab Bars, Parking

Total Parking Spaces 6

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 1

Entry Level One

Foundation Raised

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 8516029012

Acceptable Financing Submit

Listing Terms Submit

Special Listing Condition Standard

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Listed by Doris Requena Casas Keller Williams Luxury 818-523-6951

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307 E Olive Monrovia, CA 91016