Monrovia (639) Homes with Apartment Subtype

Monrovia (639) Homes with Apartment Subtype

Welcome to Monrovia, California – a hidden gem nestled in the heart of Los Angeles County. Known for its picturesque tree-lined streets and charming small-town vibe, Monrovia is a vibrant community that beautifully blends suburban tranquility with urban convenience. With a rich history dating back to the late 1800s, this city boasts a delightful mix of historic architecture and modern amenities, making it an ideal place for families, young professionals, and retirees alike.

Monrovia is not just a place to live; it's a lifestyle. The downtown area is bustling with eclectic shops, cozy cafes, and gourmet restaurants, providing a perfect backdrop for weekend strolls or leisurely afternoons. The city is also home to beautiful parks and recreational spaces, including the popular Monrovia Canyon Park, where residents can enjoy hiking trails, picnic areas, and stunning views of the San Gabriel Mountains.

For those looking to invest in real estate, Monrovia offers a diverse range of housing options, including homes with apartment subtypes. These versatile properties are perfect for multi-generational living or for those seeking additional rental income. With spacious layouts and modern amenities, these homes provide the ideal balance of comfort and functionality.

Whether you’re looking to settle down in a family-friendly neighborhood or seeking an investment opportunity, Monrovia’s real estate market has something for everyone. Experience the charm of this delightful city and discover your dream home in Monrovia today!

Newest Monrovia (639) Homes with Apartment Subtype

$2,500,000
AR26136583 MLS Active Status
Prime 6-Unit Investment Opportunity in Highly Desirable Location — NO CITY RENT CONTROL! Welcome to an exceptional, turnkey multi-family investment property situated in a highly sought-after neighborhood just North of Colorado Blvd and South of Foothill Blvd. Impeccably maintained and boasting a phenomenal rental history with 100% occupancy ("always rented"), this complex offers a rare combination of immediate cash flow and hassle-free management. The Unit Mix & Layout: Four (4) 2-Bedroom / 1-Bathroom Units: Approximately 650 sq. ft. each. These highly desirable, single-story ground-level units are attached in the front of the complex. They feature private rear patios. Two (2) 1-Bedroom / 1-Bathroom Units: Approximately 500 sq. ft. each. Quietly situated above the rear carport area. Extensive Modern Upgrades: Five of the six front units have undergone complete, high-end renovations designed to attract top-tier tenants. Upgrades in these units include: Climate & Efficiency: Central heat and air for year-round comfort (one unit features a window AC), plus energy-efficient tankless water heaters. Interior Finishes: Beautiful laminate flooring, recessed lighting, elegant crown molding, and modern ceiling fans. Gourmet Kitchens: Upgraded with sleek quartz countertops and premium stainless steel appliances (including refrigerator, range, and microwave). Luxury Baths: Thoughtfully remodeled featuring a shower-over-tub enclosed with a sleek glass door. Property Amenities: Parking: 6 covered carport spaces at the rear of the property (1 dedicated space per unit). Laundry: Convenient on-site, coin-operated laundry room equipped with 1 washer and 1 dryer (additional income stream). Location: Perfectly positioned close to premier shopping, vibrant dining options, and major thoroughfares. This is a true pride-of-ownership property in a fantastic area. With no city rent control and units consistently in high demand, this is a golden opportunity to add a high-performing asset to your real estate portfolio. PLEASE NOTE: DRIVE-BY ONLY. DO NOT DISTURB TENANTS UNDER ANY CIRCUMSTANCES.

406 S 5th Avenue, Monrovia

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.