132 Poinsettia Avenue, Monrovia, California 91016, Monrovia, 91016 - 5 bed, 4 bath
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Monrovia, California 91016
This Turnkey Residential Triplex is listed at $1,099,000, positioned as a stable income asset relative to its $1,051,723 Fair Market Value. Featuring a Condition Score of 3, the property includes a detached 3-bedroom front home and a rear duplex, all boasting updated kitchens with granite and energy-efficient windows. The significant advantage of vacant delivery at closing enables immediate market-rate tenant placement or a "house hack" strategy. Located in a high-demand North Monrovia neighborhood, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 132 Poinsettia Avenue Subject | $1,099,000* List Price | 5 | 4 | 2,148 | $490 | - |
A 415 E Walnut Sold | $1,128,000 | 6 | 2 | 2,024 | $557 | 0.6 mi |
B 415 E Walnut Avenue Sold | $1,128,000 | 0 | 0 | 2,024 | $557 | 0.6 mi |
C 179 N Ivy Pending | $995,000 List Price | 4 | 3 | 1,874 | $531 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and has undergone significant recent cosmetic updates, including new interior paint, updated laminate and carpet flooring, and energy-efficient windows. The kitchens have been refreshed with new countertops, sinks, and backsplashes, and the bathrooms are clean and functional. While the 1962 build retains some dated elements like wall heaters and window A/C units, the overall maintenance and recent improvements meet the criteria for a well-maintained, turnkey investment or residence.
All three units will be delivered vacant at the close of escrow, allowing an investor to immediately secure market-rate tenants or an owner-occupant to move in without the complications of existing lease agreements.
Situated in a sought-after North Monrovia neighborhood near Old Town, the property offers excellent walkability to premier shopping and dining, ensuring high tenant demand and long-term appreciation.
The property features significant recent improvements, including energy-efficient windows, new flooring, and refreshed kitchens with granite countertops, reducing the need for immediate capital expenditures.
The units rely on individual A/C units and ceiling fans rather than a modern central cooling system, which may be a drawback for some residents during the warm Southern California summers.
The primary three-bedroom front residence only offers 1.5 bathrooms, which may be less competitive for larger families compared to more modern 3-bedroom layouts that typically feature at least two full baths.
Tucked into a highly sought after North Monrovia neighborhood, this charming triplex offers an excellent opportunity for both investors and owner occupants. Located just moments from the shops, dining, and vibrant community atmosphere of Old Town Monrovia, it combines everyday convenience with a desirable residential setting.The property features three well-maintained units, including a detached front home with 3 bedrooms and 1.5 bathrooms. This residence has been refreshed with new interior paint, energy-efficient windows, and updated flooring. The kitchen has been upgraded with a new countertop, sink, faucet, and backsplash, while additional improvements include two A/C units and ceiling fans for added comfort.At the rear of the property, the duplex offers two 1-bedroom, 1-bathroom units, each with its own private backyard. Unit B has been updated with newer flooring, granite countertops, and a newer sink and faucet.Additional features include a long driveway with ample off-street parking, three carports, and individual washer and dryer hookups in each unit, enhancing convenience for residents. All 3 units will be delivered vacant at the close of escrow.With its functional layout, thoughtful updates, and prime location, this property presents a strong investment opportunity with lasting appeal.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 0.0 | 73% |
| Baths | 4.0 | 0.0 | 80% |
| Square foot | 2,148 | 2,024 | 60% |
| Lot Size | 6,525 | 7,937 | 33% |
| Price | $1.10M | $1.13M | 47% |
| Price per sq ft | $512 | $557 | 33% |
| Built year | 1962 | 1952 | 93% |
| HOA | $0 | $0 | 50% |
| Days on market | 16 | 188 | 7% |
Apr 6, 2026
$1,099,000
Initial Listing
Feb 21, 2008
$599,000
Public Record