Monrovia Homes with Triplex Subtype

Monrovia Homes with Triplex Subtype

Welcome to Monrovia, California – a charming city nestled in the San Gabriel Valley, just a stone's throw away from the bustling heart of Los Angeles County. Monrovia is known for its rich history, vibrant community, and picturesque neighborhoods, making it an ideal place for families, young professionals, and retirees alike. With its tree-lined streets, historic architecture, and a lively downtown area filled with boutique shops and delightful eateries, Monrovia offers a perfect blend of suburban tranquility and urban convenience.

For those looking for a unique investment opportunity, Monrovia boasts a selection of triplex homes that cater to a diverse range of lifestyles. These multi-family residences provide an excellent chance for homeowners to live in one unit while renting out the others, creating a steady income stream. The triplex subtype is particularly appealing for those interested in real estate investment, as it allows for both personal living space and the potential for additional revenue.

Monrovia's triplex homes often feature spacious layouts, modern amenities, and outdoor spaces that enhance the living experience. With close proximity to parks, schools, and public transportation, these properties are not only attractive for investors but also for tenants seeking a vibrant community. Whether you’re looking to expand your real estate portfolio or find a multi-generational living solution, Monrovia’s triplex homes offer a fantastic opportunity to enjoy all that this delightful city has to offer. Discover your next investment in Monrovia today!

Newest Monrovia Homes with Triplex Subtype

$1,880,000
TR26153225 MLS Active Under Contract Status
Turnkey Triplex + Permitted ADU in the Heart of Monrovia — 4 Income Units, Fully Remodeled. An exceptional income opportunity in one of the San Gabriel Valley's most desirable cities. This well-maintained four-unit property combines a spacious triplex with a permitted 2023 ADU, offering a strong unit mix and immediate rental upside. Extensively remodeled just three years ago, every unit shows beautifully with modern kitchens and bathrooms, new kitchen appliances, fresh and well-kept interior paint, dual-pane windows, and abundant natural light pouring through wide windows. The units: Front Unit (detached) — 2 bed / 1.5 bath, 993 sqft, a private standalone home offering added privacy and rental appeal. Middle Unit, Downstairs — 3 bed / 2 bath, 1,267 sqft, generous living space with a comfortable, functional layout. Middle Unit, Upstairs — 3 bed / 2 bath, 1,295 sqft, bright and airy with the largest footprint of the group, featuring a remodeled balcony with new decking and waterproofing. ADU — 2 bed / 1 bath, 730 sqft, professionally converted from a garage with permits (built 2023), adding a fourth income stream and excellent value. Each triplex unit benefits from central AC and heat installed just three years ago and meticulously maintained, while the ADU is served by its own efficient mini-split system. New water heaters were also added three years ago — all part of the same quality remodel throughout, making this a genuinely turnkey asset with minimal deferred maintenance. Prime location: Everything is within easy reach, including quick access to the I-210 freeway, shopping centers, parks, schools, and a wide range of restaurants. Monrovia's charm, walkable Old Town, and strong rental demand make this an ideal hold for investors or owner-users looking to offset their mortgage. Ten bedrooms and seven bathrooms across roughly 4,285 square feet of living space — a rare, fully updated multi-unit offering that's ready to perform from day one. Don't miss this one.

127 W Cherry, 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.