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    717 S Magnolia Ave Monrovia, CA 91016

    Under Contract
    For Sale
    $999,950

    Triplex - Monrovia, CA

    Type:Triplex
    Property size:
    1,964 SF
    Lot size:
    8,078.00 Acres
    Days on Market:
    28
    Last Refresh:
    Dec 5 at 6:06 pm

    Property Features for 717 S Magnolia Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Triplex
    Standard status
    Active Under Contract
    Zoning
    MORM*
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Bedrooms
    4
    Bathrooms
    3
    APN
    8506002024
    Parking
    2
    Exterior features
    Community Features Included: Sidewalks, Corner Lot
    Size
    1,964 SF
    Lot size
    8,078.00 Acres

    Utilities

    Cooling system
    Multi Units, Wall/Window Unit(s), Window Unit(s)

    Building Details

    Year built
    1946
    Floors in Building
    1
    Number of units
    3
    Architectural style
    Other

    West Foothills Market Center, Inc [email protected]

    Listing agent Espi Bagwell (626) 204-3300 License #01168881

    Listing date Nov 8, 2025

    MLS# AR25198595 Listing URL

    Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Monrovia Triplex Investment Opportunity

    This tenant-occupied triplex presents an investment opportunity near the shops, restaurants, library, and parks of Old Town Monrovia. The property includes three units. The main building houses a side-by-side duplex, with each unit featuring one bedroom, one bathroom, a living room, a kitchen, and wall AC units. A separate, detached unit offers two bedrooms, a full bathroom, a living room, and a window AC unit. All units have access to a shared two-car garage for parking. The property is located in Monrovia, California, with a lot size of 0.18544536271809 acres. The property size is 1964 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Monrovia
    County
    Los Angeles
    State
    California
    Longitude
    -118.005641
    Latitude
    34.144111

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    FAQs

    What type of property is this?
    Triplex - Tenant-occupied triplex near Old Town Monrovia shops and restaurants.
    Where is this triplex located?
    The property is located at 717 S Magnolia Ave Monrovia, CA.
    What is the asking price?
    The asking price for this property is $999,950.
    What are key features of this property?
    This property features: - Prime investment opportunity in a desirable, walkable location near Old Town Monrovia's shops, restaurants, library, and parks.; - Turnkey triplex property with three distinct units, offering immediate rental income.; - Includes a detached unit with two bedrooms and one bathroom, providing a larger living space option.
    (626) 204-3300
    Request Owner's contact information
    717 S Magnolia Ave Monrovia, CA 91016
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    Monrovia, CA 91016
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    717 S Magnolia Ave Monrovia, CA 91016
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