Monrovia (639) Homes with Apartment Subtype

Welcome to Monrovia, California – a charming city nestled in the heart of Los Angeles County, known for its rich history and vibrant community. This picturesque region is surrounded by stunning mountain ranges and offers a perfect blend of suburban tranquility and urban convenience. With a population of around 39,000, Monrovia boasts a quaint downtown area filled with boutique shops, delightful restaurants, and a variety of cultural events that bring the community together.

One of the standout features of Monrovia is its diverse housing market, particularly the availability of homes with apartment subtypes. These unique properties offer an excellent opportunity for homeowners looking to invest in multi-family living spaces. Whether you're an investor seeking rental income or a family needing extra room for guests or extended family, homes with apartment subtypes in Monrovia provide flexibility and potential.

Imagine enjoying the charm of a historic home while also having the benefit of a separate living space for family or tenants. Many of these properties feature beautifully landscaped yards, spacious interiors, and easy access to local amenities. Monrovia is well-connected with public transportation and major highways, making commuting to nearby cities a breeze.

In addition to its lovely homes, Monrovia is known for its excellent schools, parks, and recreational facilities, making it an ideal place for families and individuals alike. With a strong sense of community and a commitment to preserving its historical charm, Monrovia is not just a place to live; it’s a place to thrive. Explore the vibrant real estate market here and find your dream home with an apartment 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.