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 away from the bustling metropolis of Los Angeles. Known for its rich history, picturesque streets, and vibrant community, Monrovia offers a unique blend of small-town charm and urban convenience. With its tree-lined avenues, delightful shops, and local eateries, this city is a haven for families, young professionals, and retirees alike.

Monrovia boasts a variety of housing options, but one standout choice is the quadruplex. Perfectly suited for those looking to invest or generate rental income, quadruplex homes consist of four separate living units within one building. This unique subtype not only maximizes your investment potential but also fosters a sense of community among residents. Imagine the possibilities: live in one unit while renting out the others, or simply enjoy the financial benefits of owning an income-generating property.

With the Los Angeles County housing market continuing to thrive, investing in a quadruplex in Monrovia is a smart move. The city’s strong rental demand, coupled with its proximity to major employment centers, makes it an attractive option for tenants. Furthermore, Monrovia's excellent schools, parks, and recreational facilities enhance its appeal, ensuring that your investment will remain desirable.

Whether you're looking to establish roots or expand your real estate portfolio, Monrovia's quadruplex offerings present a rare opportunity to embrace the best of California living. Discover the charm of Monrovia and explore the potential of quadruplex homes today!

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.