Monrovia Homes with Apartment Subtype

Welcome to Monrovia, California – a charming city nestled in the heart of Los Angeles County, where picturesque landscapes meet vibrant community life. Known for its rich history and small-town charm, Monrovia boasts tree-lined streets, historic architecture, and a welcoming atmosphere that makes it a perfect place to call home.

Monrovia is conveniently located at the foothills of the San Gabriel Mountains, providing residents with breathtaking views and an abundance of outdoor recreational opportunities. From hiking trails to parks, the natural beauty surrounding the city offers a perfect backdrop for an active lifestyle. The city’s vibrant downtown area is a hub of activity, featuring eclectic shops, delightful eateries, and a bustling farmers' market, ensuring there’s always something to explore.

For those seeking a unique living experience, Monrovia offers an array of homes with apartment subtypes. These versatile properties provide the ideal solution for multi-generational living or the opportunity to generate rental income. Imagine enjoying the privacy of your own home while having the convenience of an attached apartment, perfect for guests or tenants. With a variety of styles and sizes available, you can find a residence that meets your needs and complements your lifestyle.

Whether you’re a first-time buyer, an investor, or looking to upgrade, Monrovia's real estate market is brimming with potential. Embrace the charm of this delightful city and discover a home that offers both comfort and opportunity. Welcome to Monrovia – where community and convenience come together!

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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