Monrovia Homes with Apartment Subtype

Monrovia Homes with Apartment Subtype

Welcome to Monrovia, a charming city located in the heart of Los Angeles County, California. Known for its historic Old Town district, Monrovia offers a perfect blend of small-town charm and modern amenities.

If you're looking for homes with an apartment subtype in Monrovia, you're in luck. This city boasts a variety of properties that cater to different lifestyles and preferences. Whether you're interested in a cozy apartment within a larger complex or a standalone home with a separate apartment unit, Monrovia has options to suit your needs.

Living in a home with an apartment subtype in Monrovia offers a range of benefits. You can enjoy the convenience of having additional rental income or extra space for guests or family members. Plus, with the city's vibrant community and proximity to shopping, dining, and outdoor recreational activities, you'll never run out of things to do.

With its tree-lined streets, excellent schools, and easy access to transportation, Monrovia is a sought-after destination for homebuyers looking to enjoy the best of Southern California living. Whether you're a first-time homebuyer or a seasoned investor, exploring homes with an apartment subtype in Monrovia could lead you to your dream property in this picturesque city.

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.