Monrovia Homes with Quadruplex Subtype

Monrovia Homes with Quadruplex Subtype

Welcome to Monrovia, California—a charming city nestled in the foothills of the San Gabriel Mountains, just a stone's throw from the bustling heart of Los Angeles County. Known for its rich history, vibrant community spirit, and picturesque downtown area, Monrovia offers a unique blend of small-town charm and urban convenience. With its tree-lined streets, beautiful parks, and a thriving arts scene, this city is a hidden gem that attracts families, young professionals, and retirees alike.

One of the exciting real estate opportunities in Monrovia is the availability of homes with a quadruplex subtype. These multi-family properties present a fantastic investment potential for those looking to capitalize on the growing rental market. With four distinct units under one roof, quadruplexes provide not only the chance for steady cash flow but also the flexibility to live in one unit while renting out the others.

Imagine the possibilities—whether you’re looking to create a multi-generational living space, generate passive income, or simply invest in a property that offers versatility and value, Monrovia’s quadruplexes are an excellent choice. The city's strategic location offers easy access to major highways, public transportation, and a plethora of dining, shopping, and entertainment options, making it an ideal spot for tenants and homeowners alike.

As you explore the vibrant community of Monrovia, consider the advantages of investing in a quadruplex. With its blend of charm, opportunity, and growth potential, Monrovia is not just a place to live—it's a place to thrive.

Newest Monrovia Homes with Quadruplex Subtype

$1,580,000
P1-27936 MLS Active Under Contract Status
Set against the foothills in Monrovia, right on the Arcadia boarder, this well-maintained and updated four-plex offers something increasingly difficult to find: an income property that feels genuinely residential. Built in 1954 and comprising approximately 3,120 square feet, the property is arranged as two separate buildings with two residences in each, surrounded by mature landscaping, garden paths, private outdoor spaces, and mountain views. The two front residences are bright and comfortable, each a one-bedroom, one-bath unit offering an inviting living room, spacious kitchen, generous bedroom, and updated bath. Tucked behind them, the rear building offers two larger residences with distinctly different personalities. The lower unit features a spacious living room, in-unit laundry, and a beautifully remodeled kitchen with recessed lighting, granite countertops, and a breakfast nook. An oversized glass door opens to a private deck and patio. Upstairs, the original 'owner's unit' is a three-bedroom, two-bath residence offers generous living and dining spaces, remodeled bathrooms, an updated kitchen, central heat and air, and views toward the surrounding foothills. Throughout the property, mature hedges, flowering drought-tolerant landscaping, and thoughtfully defined outdoor spaces create privacy and a welcome sense of calm. The three original one-car garages have been converted into storage lockers so that each unit has a dedicated storage space and 3 of the 4 units have an off-street parking space. Lovingly cared for and improved over the years, the property also benefits from significant updates including the roof, plumbing, concrete driveway, exterior paint, storage, and landscaping all updated within the last 12 years. Whether held as a long-term investment or envisioned as an owner-occupied property with additional income, this is a rare opportunity to own a four-unit property with the warmth and character of a place people are proud to call home.

322 324 S Lincoln Place, 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.