Monrovia Homes with Apartment Subtype

Welcome to Monrovia, California – a hidden gem nestled in the heart of Los Angeles County. Known for its vibrant community and rich history, Monrovia combines small-town charm with the conveniences of urban living. With its picturesque tree-lined streets and a bustling downtown area, this city offers a perfect blend of tranquility and excitement. Residents enjoy easy access to local parks, hiking trails, and a variety of shops and restaurants, making it an ideal place for families, young professionals, and retirees alike.

When it comes to real estate, Monrovia boasts a diverse range of housing options, including homes with apartment subtypes. These unique properties cater to a variety of lifestyles, providing both comfort and versatility. Whether you’re looking for a spacious family home with an attached apartment for extended family or a rental unit to generate extra income, Monrovia's homes with apartment subtypes offer a perfect solution.

Imagine hosting family gatherings in your beautifully landscaped backyard while having the convenience of a private apartment for guests or tenants. The potential for rental income can significantly ease the financial burden of homeownership, making these properties a smart investment in today’s market.

With its excellent schools, vibrant arts scene, and a strong sense of community, Monrovia is not just a place to live; it’s a place to thrive. Explore the possibilities and discover your dream home in this enchanting city, where every day feels like a breath of fresh air. Come and experience the allure of Monrovia, where your ideal lifestyle awaits!

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.