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136 Madeline

Monrovia, CA 91016

$1,898,000

6 Beds | 9 Baths | 3,678 sq. ft.

Status: Active Type: Triplex Area: 639 - Monrovia
Year Built: 1988 School District: Monrovia Unified MLS#: AR26052708

Description

Exceptional triplex investment opportunity in desirable North Monrovia. Situated on a corner lot spanning two parcels on a quiet cul-de-sac, this unique property features three townhouse-style units, each offering approximately 1,226 square feet of well-designed living space. Built in 1988 with Craftsman-inspired architecture, each unit is two stories with two en-suite bedrooms upstairs and 2.5 bathrooms. The ground floor of each unit offers a convenient half bath, separate laundry area, and direct access to a two-car attached garage. Each residence also enjoys its own distinctive outdoor space: 138 Madeline features a newly constructed front patio with French drains and an expansive side patio; 136 Madeline offers an extra-large balcony with beautiful mountain views; and 921 Ocean View includes a private walled patio for added privacy. The property is highlighted by a majestic oak tree at the front, creating a welcoming presence in this peaceful residential neighborhood. Both end units feature newer flooring and remodeled kitchens, and all units include central air and heat. Additional features include a durable concrete tile 50-year roof, excellent curb appeal, and long-term tenants currently paying at or near market rents, making this an attractive opportunity for investors seeking stable income in a prime foothill location. The property has been well maintained and shows pride of ownership throughout. Drive-by only. Interior inspection subject to accepted offer. Please do not disturb tenants.

Features

    Other Rooms: Laundry, All Bedrooms Down, Two Primaries, Living Room, Galley Kitchen Fireplace Rooms: None
    Heating: Central
    Cooling: Central Air
    Structure Type: Craftsman
    Association Amenities: N/A
    Pool Descriptions: None
    Price/sqft: $516
    Parking Spaces: 6
    Total Floors: 2

Listing is Courtesy of: Underwood Mortgage Group | Use of this site means you agree to the Terms of Use

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by Multi-Regional Multiple Listing Service, Inc. ("MRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and MRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.