Monrovia (639) Homes with Apartment Subtype

Welcome to Monrovia, California – a charming gem nestled in the heart of Los Angeles County. Known for its picturesque tree-lined streets and vibrant community spirit, Monrovia offers a unique blend of suburban tranquility and urban accessibility. With the San Gabriel Mountains as a stunning backdrop, residents enjoy a plethora of outdoor activities, from hiking trails to beautiful parks, making it an ideal locale for nature lovers and families alike.

Monrovia boasts a rich history, with a downtown area that features a delightful mix of boutique shops, artisanal eateries, and cultural attractions. The city hosts numerous events throughout the year, including the popular Monrovia Farmers Market, where locals gather to savor fresh produce and artisanal goods. The welcoming community atmosphere is complemented by excellent schools and convenient access to major freeways, ensuring that residents can easily connect to the greater Los Angeles area.

For those seeking a home with an apartment subtype, Monrovia presents an array of enticing options. These homes often feature spacious layouts, modern amenities, and the potential for rental income, appealing to both first-time buyers and seasoned investors. Many properties boast private outdoor spaces, perfect for enjoying the California sunshine or entertaining friends and family. With a diverse selection of homes available, Monrovia is the perfect place to find a residence that meets your lifestyle needs while enjoying the charm and warmth of this vibrant community. Discover your dream home in Monrovia today!

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.