Monrovia Homes with Apartment Subtype

Welcome to Monrovia, California – a vibrant gem nestled in the heart of Los Angeles County. Known for its charming tree-lined streets and rich history, Monrovia offers a unique blend of small-town charm and modern conveniences. With a population that embraces diversity and a strong sense of community, it’s no wonder that Monrovia has become one of the most sought-after locations in Southern California.

Monrovia boasts a picturesque downtown area filled with delightful shops, restaurants, and cafes, making it the perfect spot for leisurely strolls or weekend outings. The city is also home to beautiful parks, including the scenic Monrovia Canyon Park, where residents can enjoy hiking trails, picnic areas, and stunning views of the San Gabriel Mountains. With its excellent schools, numerous community events, and a thriving arts scene, Monrovia is an ideal place for families, young professionals, and retirees alike.

For those looking to invest in real estate, Monrovia offers a variety of housing options, including homes with apartment subtypes. These versatile properties provide the perfect opportunity for multi-generational living or rental income. Imagine having the flexibility to host family members or generate passive income while still enjoying the comforts of your own home.

With a strong real estate market and a growing demand for properties in this charming city, now is the perfect time to explore the homes available in Monrovia. Discover the potential of this enchanting community and find your dream home today!

Newest Monrovia 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.