Excellent investment opportunity in desirable Monrovia! This well-located 5-unit apartment complex offers strong income potential in a highly sought-after San Gabriel Valley community. The property provides an excellent opportunity for investors looking to expand their portfolio with a multifamily asset in an established residential area. Conveniently located near shopping, dining, transportation, and all that Monrovia has to offer.
A well-maintained Monrovia duplex offering the rare combination of established income and room to shape its future. Tucked on a 6,202 SF lot, this two-unit property features two comfortable 2-bedroom, 1-bath residences with approximately 1,728 SF of total living space and two one-car garages. Both units are currently occupied on a month-to-month basis, providing $4,485 in combined monthly rental income. The simple, functional layout makes ownership and maintenance straightforward, while the flexible tenancy offers an opportunity to evaluate future leasing strategies over time. The existing garage areas also present potential for additional value, with any conversion or redevelopment subject to applicable regulations and buyer verification. Whether held as a long-term income property, repositioned over time, or explored for future owner-occupant use, 519 E Los Angeles Ave offers a solid foundation with options for what comes next.
Single-story fourplex offers an exceptional, low-maintenance addition to any savvy investor's portfolio. The property comprises four identical, thoughtfully proportioned units—each featuring 550 square feet of efficiently designed living space complete with a spacious living area, dedicated dining room, and fully equipped kitchen. One vacant unit stands ready for immediate occupancy or market-rate leasing, showcasing gleaming hardwood floors and a modern kitchen. The remaining three residences boast updated kitchens along with various individual property enhancements. Upside potential awaits in the clean basement, which offers an ideal layout for conversion into a coin-operated laundry. Convenient vehicle storage includes four garage spaces supplemented by tandem parking, providing a seamless standard of two dedicated parking spots per unit. Backed by extensive recent capital expenditures—including a newer roof, fresh exterior paint, and lush, updated landscaping that elevates curb appeal—this asset drastically minimizes immediate maintenance overhead while securing long-term value and immediate cash-flow stability.
The subject property is a 12-unit apartment complex built in 1978 and located in Monrovia, California. Ideally situated at 425 Linwood Ave, this property offers tenants a central hub to all that Monrovia and the greater San Gabriel Valley have to offer. The improvements are built on a 17,250-square-foot lot with a total building size of 10,798 gross square feet. There is owner-owned laundry on-site. The street is primarily single family homes, is very quiet and tree lined. There are 17 on-site parking spaces provided for residents. Each well-maintained unit offers convenient access to local shopping, dining, and transportation corridors. Nestled at the foothills of the San Gabriel Mountains, the property offers proximity to major thoroughfares including the 210 and 605 Freeways, giving tenants quick access to Pasadena, Downtown Los Angeles, and surrounding employment hubs. The Monrovia submarket has experienced steady demand for quality residential rental units, driven by its vibrant community character and strong local economy.
Well maintained charming triplex with additional bonus studio, located in a desirable Monrovia neighborhood just one street south of Foothill. A three bedroom 2 bath separate home graces the front & a triplex to the rear with 2 one bedrooms and a bonus studio. Units A, C and the front home are nicely remodeled with granite counter tops, renovated cabinetry, upgraded baths. Triplexes have wall heaters and wall air conditioners and front home has central air & heat, tankless water heater. Included for the three rear units is a private laundry room with coded access. Serving the rear units is a 2014 installed solar system, all paid, providing electricity for those three Three refrigerators, stoves, 3 microwaves wall a/c units belong to the landlord and included in sale. Parking pad with one space each for unit B & C. Unit A is a studio bonus unit added by the previous owner. Comfortable living spaces within a grassy and tree-lined lot, close to shopping (Aldi's, Home Goods etc) & a few blocks to quaint downtown Monrovia. Strong rental income and reasonable expenses. Possible 48 hours notice for showings or subject to inspection with accepted offer. A wonderful investment or possible owner occupied opportunity in the popular City of Monrovia. INCLUSIONS: 3 refrigerators, stoves, and solar panels.
GREAT LOCATION NORTH 210 FREEWAY. GREAT VALUE FOR A "3 BEDROOM FRONT UNIT" "2 BEDROOM BACK UNIT" LONG TERM TENANTS, RENTS ARE BELOW MARKET. NEW EXTERIOR PAINT.
Excellent price!!! Investor's delight added value fixer opportunity in Monrovia in (Unincorporated area of Los Angeles County) , this property is all vacant giving the new owner the opportunity to freely do any improvements and make corrections to add value. Cash offers preferred. All showing is by appointment only with listing agent. This property is being sold in its AS-IS condition. This property is within 1/4-mile radius of around million-dollar home sales. . Front house is facing Benrud Street, it is vacant and has its own side yard area, and its own private garage, plus its own driveway and it is 2 bedrooms 1 bath, this house which is in a separate building by itself. Back unit 203 1/2 is in a separate building, is also a 2-bedroom 1 bath, remodeled, this unit does not have final permits as a unit according to the city's records. But the tax assessor records show it as 2 units. The garage was converted to a unit, called 203 B , without any city permits, and it is 1 bedroom 2 bath. The upstairs unit has new designer vinyl flooring, new tile kitchen cabinets, new sink and faucet and under sink piping, new painting in all the rooms. It also has new vinyl window, in the living room. New water heater and new electrical panels serving all 3 units and with new conduits. There is one Gas, Electrical, and Water meter for all units. Bring your architects and explore all your expansion & ADU and renovation possibilities.
Income-Producing Property with Two Separate Residences in Monrovia! This property features two well-maintained homes on a 12,250 sq. ft. lot. The main residence offers 6 bedrooms, 3 bathrooms, and 1,850 sq. ft., and was built in 1947. The add-on was made in 2020. The separate ADU, built in 2020, offers 4 bedrooms, 2 bathrooms, and 1,200sq. ft. Separate gas, water, and electric meters, Solar Panels. The combined 10 bedrooms and 5 bathrooms can generate strong monthly rental income. This property is an excellent opportunity for investors, extended families, or buyers seeking income potentials in Monrovia.
Income-Producing Property with Two Separate Residences in Monrovia! This unique property features two well-maintained homes on a 9,240 sq. ft. corner lot. The ADU fronting on a separate street. The main residence at 305 E. Camino Real offers 4 bedrooms, 2 bathrooms, and 1,383 sq. ft. Built in 1950 and updated in 2022. The separate ADU at 2316 Redell St., built in 2022, offers 4 bedrooms, 2 bathrooms, and 1,199 sq. ft. Separated gas, water, and electric meters, Two 2-car detached garages. Solar Panels. The combined 8 bedrooms and 4 bathrooms can generate strong monthly rental income. This property is an excellent opportunity for investors, extended families, or buyers seeking income potentials. Monrovia Unified School.
This well-maintained property features two separate homes on a spacious 6,084 sq. ft. lot, offering flexibility for homeowners and investors alike. Unit A, located at the back, is a cozy 1-bedroom, 1-bath home featuring a covered patio, tile flooring, a carpeted bedroom, recessed lighting, a ceiling fan, wall A/C, custom cabinets, and Formica countertops. Unit B, situated at the front, is a charming 2-bedroom, 1-bath home with dual-pane windows, stylish cabinets, tile countertops, laminate flooring, and bedrooms with mirrored closet doors. Both units are designed for comfort and practicality. The property is located behind the shopping center on Duarte Road, near the border of the City of Arcadia. Additional highlights include laundry hookups conveniently located on the rear porch/patio, a circular driveway, and a covered carport area for ample parking. The property is ideally located near shopping, markets, and restaurants, making it a great choice for multi-generational living or as an income-producing investment. Don’t miss this fantastic opportunity!
Welcome to this wonderful and unique multi-family opportunity ideally located in the heart of Monrovia! Situated on a nearly 9,200 sq. ft. lot, this beautifully landscaped property features two fully independent homes with separate addresses and individually metered utilities (water, gas, and electricity). The fully renovated main residence (348 Shode Ave, Built 1949) offers 3 bedrooms and 2 bathrooms within a bright, open floor plan. Highlights include a custom fireplace, new wood floors, a new HVAC system, new windows, and a stunning chef’s kitchen with Quartz countertops and stainless-steel appliances that flows directly to the backyard for seamless entertaining. The detached ADU (2311 California Ave, Built 2024) offers 1,000 sq. ft. of elegant living space with 2 bedrooms and 2 full bathrooms (unit shows 3 bedrooms). It boasts its own private backyard, high ceilings, a gourmet kitchen with 42” cabinetry, and a fully paid solar panel system. A 2-car garage with large gated access on each side ensures privacy and convenience for both residences. Ideal for multi-generational living or as a premium investment, this move-in ready property is just minutes from Monrovia's best shopping and dining. Don't miss this extraordinary dual-home opportunity!
Exceptional investment and special-use opportunity on an approximately 11,500 SF gated lot in Monrovia, offering multiple income, operating, and development strategies. The property features a fully renovated main residence of approximately 2,439 SF with 4 bedrooms, 4 bathrooms, plus 2 additional flexible rooms ideal for offices, administrative space, therapy rooms, or other uses. The renovation includes extensive upgrades throughout, including roof, stucco, plumbing, electrical, lighting, flooring, interior finishes, kitchen, and more. Solar is also installed. A beautifully designed detached ADU of approximately 1,000 SF offers an additional 2 bedrooms and 2 bathrooms with high ceilings, modern finishes, and excellent independent living or rental potential. Together, the main residence and ADU provide approximately 3,439 SF of living space and multiple opportunities for rental income, multigenerational occupancy, staff housing, or business operations. One of the property's strongest investment features is its reported current license for a 12-person alcohol and drug rehabilitation/recovery facility, creating a unique opportunity for qualified operators seeking an established location for behavioral health, recovery, transitional, or related residential services. Buyer to independently verify licensing, permitted use, transferability, and operational requirements. The large lot offers a long gated driveway and substantial on-site parking with room for numerous vehicles, vans, recreational vehicles, or other operational needs. A detached 2-car garage is complemented by a separate laundry area and additional restroom, adding further flexibility for residents, staff, storage, or facility operations. Another significant upside is future development potential. Based on information provided by the City, the existing detached garage may potentially be replaced with an additional residence of up to approximately 2,100 SF, creating the possibility of a third dwelling on the property. Buyer to verify all zoning, building, density, setback, permitting, and development requirements directly with the City. The property also offers expansive outdoor areas, covered patio space, a fountain, and an approximately 1,300 SF rooftop terrace, providing additional usable space for residents, tenants, clients, staff, recreation, or gatherings. Multiple investment scenarios include operating the property as a licensed recovery facility, leasing the main residence and ADU separately, creating a multigenerational or corporate housing property, combining residential and administrative uses, or pursuing future development of a third residence. With extensive renovations already completed, a separate ADU, large gated lot, substantial parking, special-use potential, and additional development possibilities, 1213 S California Avenue presents a rare opportunity for investors and operators seeking flexibility, income potential, and long-term upside in Monrovia.
Charming Craftsman-style duplex located on a quiet street north of Foothill Boulevard in Monrovia. Situated on a spacious 7,496 sq. ft. lot, the property features two separate units, each with its own unique floor plan, along with garage parking, individual laundry areas, and generous front and rear yard space. With classic character throughout and a desirable location, this property offers a great opportunity for an investor or owner-user.
Located within the highly sought-after Bradbury Oaks Elementary School District, this beautifully maintained duplex presents an exceptional opportunity for both investors and owner-occupants. Both units have been tastefully updated and include a washer, dryer, and refrigerator, making them truly move-in ready. Whether you're looking to live in one unit while generating rental income from the other or seeking the perfect setup for multi-generational living, this property offers outstanding flexibility. The charming, tree-shaded lot provides a peaceful outdoor retreat, complete with a pergola that's ideal for relaxing or entertaining. The front unit features an attached one-car garage, additional driveway parking, and central air conditioning for year-round comfort. The rear unit offers its own driveway parking and is equipped with two wall-mounted air conditioning units to keep the home cool and comfortable. With its desirable location, thoughtful updates, and versatile living options, this is a rare opportunity you won't want to miss.
Exceptional six-unit investment opportunity in one of Monrovia's most sought-after neighborhoods. Situated on an approximately 11,151-square-foot lot, this attractive single-story property is conveniently located near Old Town Monrovia, Foothill Boulevard, shopping centers, restaurants, schools, parks, and public transportation. The property features an excellent unit mix consisting of one spacious two-bedroom, two-bathroom unit and five one-bedroom, one-bathroom units. The two-bedroom unit includes its own laundry hookups and split-system air conditioning. Most units have been updated with laminate flooring. The roof was replaced in 2017, and the property features recent upgraded electrical service, separate gas and electrical meters for each unit, individual water heaters, an on-site coin-operated laundry room, and one covered carport parking space per unit. Unit F has recently undergone an extensive renovation featuring new laminate flooring, recessed lighting, dual-pane windows, a beautifully remodeled bathroom, an updated kitchen with quartz countertops and newer cabinetry, upgraded fixtures, and two split-system air-conditioning units. This well-maintained property offers strong in-place income, additional rental upside potential, and an outstanding location in the heart of Monrovia.
Steeped in Monrovia history, this unique property blends incredible vintage character with immense upside potential. Originally built as a carriage barn contractor W.H. McCune pulled permits in 1920 to transform the structure into a home. While it began its life as a two bedroom, one bathroom residence the main home has since been expanded to feature 3 bedrooms, 1 1/2 bathrooms and a convenient interior laundry room. Interior features original hardwood floors, classic built-in china hutch in the dining room and built-in shelves in the living room. Under the house a small basement area that possibly once housed the original furnace offers a historic nod to the home’s past. While the main home awaits your stylistic vision key infrastructure is already in place, duel -pane vinyl windows, central heating and air conditioning and an electrical system that was updated from original. A long driveway provides ample parking leading to a two car detached garage. Adding immense value to the property is a second fully independent dwelling unit built in 1953. This separate home includes 1 bedroom with a walk-in closet, 1 bathroom, a living room anchored by a cozy brick fireplace and a kitchen nook complete with its own built-in china hutch off the kitchen. Highly functional for renters, investors or multi-generational living the AUD features separate electricity and gas meters for each unit, while conveniently sharing a water meter. This historic compound represents a rare opportunity to build equity in a highly desirable North Monrovia neighborhood. Conveniently located close to downtown!
Location, Location, Location! Exceptional investment opportunity in the heart of Monrovia! Just moments from vibrant Old Town Monrovia, with its popular restaurants, shops, parks, and year-round community events, this well-located triplex also offers quick and convenient access to the 210 Freeway, making it highly desirable for tenants. The property features an excellent unit mix consisting of Unit 1: 2 bedrooms, 1.5 bathrooms; Unit 2: 1 bedroom, 1 bathroom; and Unit 3: 2 bedrooms, 1 bathroom, providing strong rental appeal and outstanding income potential. Whether you're looking to expand your investment portfolio or own an income-producing property in one of the San Gabriel Valley's most sought-after neighborhoods, this is an opportunity you won't want to miss. Prime location and close proximity to everything Monrovia has to offer make this a standout investment. Please do not disturb the tenants or walk onto the property.
Located in the desirable north foothills of Monrovia, this duplex offers two units plus a third bonus structure. The front home features 2 bedrooms and 1 bathroom, while the rear unit includes 1 bedroom and 1 bathroom, making it ideal for rental income or multi-generational living. A third detached structure with its own bathroom is perfect for a studio, home office, guest suite, or kids’ playroom.
This lovely triplex is ideally located near public transportation, shopping, and dining, all just blocks away. Each of the three units features its own private two-car garage, along with additional on-site parking. Recent updates throughout the property make this an exceptional investment or owner-user opportunity. Priced within FHA loan limits, this property offers an attractive and affordable financing option.
Spanning four separate buildings, 137 and 147 N Myrtle Avenue, along with 146 and 148 Stedman Place, the property covers three separate parcels totaling a large 32,485 square foot, block-to-block area of land. Because the City of Monrovia does not have its own restrictive local rent control, the property benefits from higher allowable rent increases under California's statewide AB 1482. This may help a new owner to recapture the approximately 26% in rent upside more rapidly, leading to a more dramatic increase in future cash flow. Monrovia is also not subject to the expensive Measure ULA taxes that burden nearby Los Angeles, allowing investors to keep substantially more profits from building ownership. The buildings feature an excellent unit mix with mostly two-bedroom apartments throughout. Most of these units have already been upgraded to include varying combinations of remodeled bathrooms, updated kitchen appliances, new wood flooring, and, in select units, upgraded electrical panels and in-unit washer/dryers. The location grants tenants the convenience and walkability of more urban neighborhoods, as confirmed by its "Walker's Paradise" designation with a Walk Score of 92, along with the calm and comfort of a more suburban town. This is due largely to the property's location near the sought-after Old Town Monrovia business district, which runs along Myrtle Avenue just one block south of the property.
Monrovia is located in California. Monrovia, California has a population of 37,999. Monrovia is less family-centric than the surrounding county with 30.51% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in Monrovia, California is $87,077. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in Monrovia is 39.1 years.
The average high temperature in July is 87.7 degrees, with an average low temperature in January of 46.6 degrees. The average rainfall is approximately 20.2 inches per year, with 0 inches of snow per year.
