Monrovia (639) Homes with Apartment 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 picturesque tree-lined streets, vibrant community, and rich history, Monrovia offers an ideal blend of suburban tranquility and urban convenience. With a population of around 36,000, this delightful city is perfect for families, young professionals, and retirees alike.

Monrovia boasts a diverse array of homes, and one standout option is the homes with apartment subtypes. These unique residences provide an exceptional opportunity for homeowners seeking additional income or multigenerational living arrangements. Imagine the flexibility of having a separate living space for guests or tenants, all while enjoying the comforts of your own home.

The homes in Monrovia are as varied as its residents, featuring charming bungalows, modern townhouses, and spacious single-family homes, many of which are equipped with well-designed apartment units. This configuration not only maximizes space but also fosters a sense of community and connection among neighbors.

Living in Monrovia means you’ll have access to top-rated schools, beautiful parks, and a vibrant downtown area filled with boutique shops, delightful eateries, and cultural events. With easy access to major highways and public transport, commuting to Los Angeles and beyond is a breeze.

Whether you’re looking to invest in a property with an apartment unit or simply seeking a welcoming community to call home, Monrovia is a hidden gem waiting to be discovered. Come explore the possibilities in this enchanting city!

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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