Embrace the potential of this charming Monrovia triplex! Nestled on a picturesque, tree-lined street among well-cared-for single-family homes, this property offers an exceptional income opportunity in a prime location. Just a short stroll to shops, restaurants, and public transit, it combines convenience with residential appeal.The vacant studio unit has been tastefully updated, ready for new occupants. The lower unit currently offers one bedroom, with the option to add a second. Don't miss out on this fantastic investment--schedule a tour today to see its full potential!
Courtesy: VISMAR REAL ESTATE
Courtesy: HILL TOP REAL ESTATE
Courtesy: HILL TOP REAL ESTATE
Courtesy: VISMAR REAL ESTATE
Courtesy: CENTURY 21 PRIMETIME REALTORS
Rare opportunity to own this property that includes includes 501-503 S. Myrtle Avenue and 50-100 W. Lemon Avenue. This Old Town Monrovia area that is so charming and people love to come to this street for the weekly farmers market, quaint restaurants and more. Two-story mix-used building with retail and offices situated on the first floor, second story executive offices and a usable basement level that is currently rented as executive offices and storage areas. Two retail spaces on the first floor. Many of the office suites are leased MTM with below market rents. Great opportunity for an investor to realize an upside in current market rents. Also an opportunity for an office owner/user to occupy first or second floor office space. The building has 17,691 total SF with 6,174 SF on the first floor, 5,548 SF on the second floor and 5,969 SF in the basement level. The building has fire sprinklers, 6 common area restrooms, 3 private restrooms, 2 kitchens and 2 janitor closets. Zoned HCD- Historic Commercial Downtown. Located in the heart of Old Town Monrovia. Situated on the busy signalized intersection of Myrtle and Lemon. High-density residential surrounds the property. 210 and 605 freeways are located in close vicinity. It is a heavily pedestrian-oriented shopping destination that consists if retail, restaurants, office an mixed-use properties. High-density residential uses surround the property including most closely The Colorado Commons with seventy two units total an parking structure with over 180 spaces also available for public parking use. The Santa Anita Race Track and Westfield Mall are located 3 miles from this property. The Monrovia Gold-line station is located about 1 mile south of this property. Both 210 and 605 freeways are located in close vicinity with access via Myrtle Avenue. Currently, there are 39 tenants occupied. Property was recently upgraded with newer flooring, store front and more!
Under single ownership since original construction in 1954, this property has enjoyed good care and maintenance over the years. All units have central A/C, individual water heaters, living room with dining area and nice storage. Carport parking with storage cabinet, one space per unit, is provided, along with Speed Queen coin-op community laundry. Current code compliant railings have been newly installed.
Indulge in the epitome of luxury living! Prepare to be captivated by this custom-built, European-inspired masterpiece, meticulously crafted in 2008 with meticulous attention to architectural design, premium materials, and flawless craftsmanship. Prepare to be awestruck by the breathtaking panoramic views of the majestic San Gabriel Mountains and the shimmering city lights that adorn the horizon. As you step through the custom glass and iron doors, the foyer unveils a world of opulence. The estate exudes grandeur, adorned with sparkling crystal chandeliers, exquisite marble floors, and ceilings that reach for the heavens. The state-of-the-art gourmet kitchen is a culinary enthusiast's dream, equipped with two distinct prep areas: a Chinese Wok Style and a Japanese Teppanyaki Seafood Bar, meticulously crafted in Germany. The first level of this palatial residence features a magnificent two-story circular library, an elegant formal living room with a cozy fireplace, a grand staircase that invites you to explore further, a family room with a fireplace to unwind in, a convenient laundry room, a bar area complete with a wine cooler, an elevator for seamless accessibility, a guest bathroom, a generously sized bedroom with an en-suite bathroom, and multiple patio areas beckoning you to bask in the serene ambiance. Among these outdoor spaces, one opens up to reveal a dazzling pool and spa, surrounded by majestic mountains that create an awe-inspiring backdrop. Ascending to the second floor, you will discover three stately bedrooms, each boasting its own bathroom adorned with jetted tubs for unparalleled relaxation. Expansive walk-in closets feature custom-built wooden organizers, catering to your every storage need. Private balconies offer a personal sanctuary, while a dedicated media room provides an immersive entertainment experience. For an unrivaled vantage point, step onto the magnificent covered balcony and revel in the awe-inspiring sunrises and sunsets that paint the sky in vibrant hues. Spanning across 6871 sqft of living space, this extraordinary estate accommodates four bedrooms and five bathrooms, ensuring ample room for your every desire. Resting on nearly 2.5 acres of land, this property truly presents a view from the top, allowing you to relish in the splendor of your surroundings. Don't miss the opportunity to experience the pinnacle of luxury living.
Back on the market! Owner is conducting approximately $40,000 worth of upgrades since we last fell out of escrow: full re-wire of both buildings, new sewer line system and cleanout replacements for both units, foundation reinforcement work and other small fixes. The property will be delivered with tenants in place. Both tenants are on month-to-month leases. The current rental income is as follows: 2B1.5B Front House: $2175, 1B1B back unit: $1500. 425 E Walnut Ave in Monrovia, CA. Built in 1910, this Craftsman-style property comprises a 2-bedroom, 1.5-bathroom main house with an additional office that can serve as a third bedroom, plus a detached 1-bedroom, 1-bathroom back unit, offering significant versatility for investors or owner-occupants. The main house and the back unit total approximately 1,355 rentable square feet on a parcel of ±6,539 square feet zoned RM3000/PUD. Both units feature washer and dryer hookups, and the property offers ample driveway parking for residents. The detached back unit also includes a private fenced yard, perfect for rental income or guest accommodations. Located in a desirable Monrovia neighborhood, just 3.5 blocks from the vibrant downtown area, this property is ideally situated with convenient access to the 210 and 605 Freeways, making commuting easy. The property is close to Monrovia’s charming restaurants, local bars, and plenty of shopping options, adding to the desirability for renters. The location is also near popular recreational sites like the Monrovia Canyon Park, the Santa Anita Racetrack, and the Westfield Santa Anita Shopping Mall, which contribute to the rising demand for rentals in this neighborhood.
This beautifully updated home, originally built in 1905, boasts over a century of history and was fully renovated in 2024, blending timeless charm with modern comforts. Located in North Monrovia, this 3-bedroom, 2-bathroom single-family house features RV parking and thoughtful upgrades throughout, including new electrical wiring, newly installed water pipes, and new AC units. Step inside to discover a spacious, open concept living area filled with natural light, ideal for entertaining or relaxing. The brand-new kitchen showcases custom cabinetry, quartz countertops, and stainless-steel appliances. The primary suite serves as a tranquil retreat, complete with a beautifully updated ensuite bathroom, while two additional bedrooms offer versatile space for family, guests, or a home office. The expansive backyard is perfect for outdoor living, featuring ample space for gardening, play, or hosting gatherings. The detached garage offers the potential for conversion into an accessory dwelling unit (ADU). Conveniently located near downtown Monrovia’s shopping, dining, parks, and excellent schools, this home provides the ideal mix of comfort and convenience.
Courtesy: RE/MAX PREMIER/ARCADIA
Courtesy: Allison REALTORS
Courtesy: Coldwell Banker Dynasty T.C.
Courtesy: Coldwell Banker Dynasty T.C.
248 W Chestnut Ave in Monrovia, CA, is a commercial property recently listed as part of a new industrial condominium project. The building offers a range of office-warehouse spaces, suitable for various business types. The construction features concrete tilt-wall design with ceilings reaching up to 20.5 feet in height. The property is strategically located close to major highways (I-210 and I-605) and within walking distance to downtown Monrovia, making it a convenient choice for investors and business owners. Completed around 2022, this site provides a modern facility for commercial operations in the heart of San Gabriel Valley?
Courtesy: Century 21 Masters
Discover this remarkable multi-unit property located in a highly sought-after neighborhood in Monrovia. This duplex includes two separate houses each has its own number. Both houses offer a spacious back yard. Main house-2347 Treelane comes with a 2-car garage. Additionally, there is also a third unit that includes a bedroom and one bath. Either you want to live one unit or rent out the other two or simply use it as income generating properties, this property will be a smart investment with over 0.28 acres lot, upgraded interior, energy-saving solar panels, partial new roof. Don’t miss your chance to invest in this amazing property—it won’t last long!
We are proud to present Ridgewood Apartments, a prime multifamily investment opportunity located at 729 W Foothill Boulevard in Monrovia, California. Situated between N Sunset Place and El Nido Avenue, this property benefits from the city’s strong job market, excellent schools, and close proximity to the 210 Freeway and major attractions. Monrovia’s growing population and increasing demand for housing make this an ideal investment choice, offering potential for steady rental income and property value appreciation. The Ridgewood Apartments are a 2-story, 32-unit property originally built in 1958. The property has a total building size of ±20,160 square feet and sits on a large ±1.2 acre lot. The property features an excellent unit mix of one-bed/one-bathroom and two-bedroom/one-bathroom units averaging 633 SF per unit. Superbly maintained, the property features a communal on-site laundry facility, mature lush landscaping with a courtyard with outdoor seating, carport and surface parking. Most units have been upgraded and feature vinyl plank flooring and carpet throughout, kitchens with stainless steel appliances, ceiling fans, vertical blinds, and wall air conditioning and heating. The city of Monrovia is ideally located within Southern California offering easy access to the 210, 605, 134, 10 and 5 freeways connecting to all of Los Angeles County, Ventura County, San Bernardino and beyond. Its location offers convenient access to neighboring cities within the San Gabriel Valley. Significant local landmarks within a 20-mile radius include: Santa Anita Park, Los Angeles County Arboretum, The Huntington Library, City of Hope Hospital, The Rose Bowl, Dodger Stadium, Crypto.com Arena, Griffith Observatory, Los Angeles Zoo, Hollywood Walk of Fame, Hollywood Bowl, Universal Studios and more. The Ridgewood Apartments at 729 W Foothill Boulevard is a prime Monrovia income-producing property that offers a compelling long-term investment opportunity. Its current 2.95% interest-only debt provides an attractive financing structure, while the significant potential for rental upside— an estimated 16% growth to achieve market rents—underscores its value. Located in a highly desirable neighborhood, this property presents a stable investment opportunity for a diverse range of investors, including first-time buyers, seasoned professionals, and those seeking 1031 exchange benefits.
Courtesy: Art Del Rey Realty, Inc.
Discover this remarkable multi-unit property located in a highly sought-after neighborhood in Monrovia. This duplex includes two separate houses each has its own number. Both houses offer a spacious back yard. Main house-2347 Treelane comes with a 2-car garage. Additionally, there is also a third unit that includes a bedroom and one bath. Either you want to live one unit or rent out the other two or simply use it as income generating properties, this property will be a smart investment with over 0.28 acres lot, upgraded interior, energy-saving solar panels, partial new roof. Don’t miss your chance to invest in this amazing property—it won’t last long! PLEASE DO NOT DISTURB OCCUPANTS or SHOWING UP WITHOUT APPOINTMENTS!
Located in a great area of Monrovia and behind house address 642 Norumbega Dr.
Courtesy: Luna Realty
Courtesy: SOUTHLAND PROPERTIES
**Property for Lease: 928 W Huntington Dr, Monrovia, CA 91016** - Presenting an exceptional leasing opportunity at 928 W Huntington Dr, Monrovia, CA 91016. Formerly home to a Red Lobster restaurant within the Holiday Inn Monrovia, this property is ideally situated for your next business venture. Located in a bustling area with excellent visibility and convenient access, this space is perfect for a variety of commercial uses. Nestled within the Holiday Inn Monrovia on W Huntington Drive, this property offers easy access to the 210 and 605 freeways, making it convenient for both local patrons and visitors from outside the area. The property boasts a large, open floor plan, ideal for a wide range of commercial applications, including a restaurant, retail outlet, or other business ventures. Enjoy the convenience of abundant on-site parking within the Holiday Inn premises, ensuring easy access for your customers and employees. Previously operated as a Red Lobster, this space comes equipped with existing restaurant infrastructure, including a commercial kitchen, dining area, bar, and all necessary furniture and equipment, making it ready for immediate restaurant operations. Situated in a high-traffic area with prominent signage opportunities, this property is well-positioned to attract significant foot and vehicle traffic. This property offers a unique opportunity to establish your business in a high-profile, high-traffic location with a rich history. Whether you’re looking to open a new restaurant, retail store, or other commercial enterprise, 928 W Huntington Dr provides the flexibility and potential to bring your business vision to life. Don't miss out on this premier leasing opportunity—contact us today to schedule a viewing and explore the possibilities for your business at this prime Monrovia location.
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.
