239 E Olive Ave Monrovia, CA 91016
Duplex in Monrovia with long-term tenants and development potential.
Lot size:
0.18 AcresProperty Features for 239 E Olive Ave
General Information
- Lot size
- 0.18 Acres
Building Details
- Year built
- 1920
Source:
Elliman
Listing Agent: Tom Safa
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Monrovia Duplex Near Myrtle Ave
This property features a duplex located near the heart of Monrovia, two blocks from Myrtle Ave. It consists of two separate homes on one lot with no common walls. The front unit is a two-level home with driveway parking. The rear unit is a single-level home with 3 bedrooms and 2 bathrooms, and a detached garage currently used for storage. The front unit is accessed from E. Olive Ave, while the rear unit has access to an oversized detached, two-car garage from the rear. Each unit is separately metered for gas and electricity. Both the front and rear units are rented to long-term tenants paying below market rent, presenting significant upside potential and a development opportunity.
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Monrovia
- County
- Los Angeles
- State
- California
- Longitude
- -118.0047862
- Latitude
- 34.1450728
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Duplex in Monrovia with long-term tenants and development potential.
Where is this duplex located?
The property is located at 239 E Olive Ave Monrovia, CA.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: - Duplex with two separate homes on one lot and no shared walls.; - Located near the heart of Monrovia and Myrtle Ave.; - Significant upside potential due to below-market rents.