Monrovia (639) Homes with Apartment Subtype

Monrovia (639) Homes with Apartment Subtype

Welcome to Monrovia, California—a charming city nestled in the heart of Los Angeles County, where the foothills of the San Gabriel Mountains meet the vibrant pulse of suburban life. Known for its rich history, beautiful tree-lined streets, and a welcoming community, Monrovia offers an unparalleled lifestyle that balances tranquility with convenience.

Monrovia boasts a variety of homes that cater to diverse lifestyles, including unique properties with apartment subtypes. These homes provide an excellent opportunity for multi-generational living, rental income, or simply extra space for guests. Imagine the flexibility of having a separate apartment within your home, perfect for an office, art studio, or a cozy guest suite.

The region is also renowned for its vibrant downtown area, featuring an array of boutique shops, delightful eateries, and seasonal farmers' markets. Residents enjoy the lush parks and hiking trails that showcase the natural beauty of the surrounding mountains, making it a haven for outdoor enthusiasts.

Monrovia’s strong sense of community is reflected in its various annual events and festivals, fostering connections among neighbors and friends. With highly-rated schools and easy access to major freeways and public transportation, Monrovia is not just a place to live; it’s a place to thrive.

Whether you’re seeking a charming family home with an apartment or an investment opportunity in this picturesque city, Monrovia has something to offer everyone. Come explore the possibilities and make Monrovia your next home sweet home!

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.