Monrovia Homes with Apartment Subtype

Welcome to Monrovia, California – a hidden gem nestled in the heart of Los Angeles County. Known for its rich history, vibrant community, and stunning mountain views, Monrovia is a place where suburban charm meets urban convenience. With its picturesque tree-lined streets and a quaint downtown area filled with eclectic shops, delightful eateries, and lively events, Monrovia offers an inviting atmosphere for residents and visitors alike.

One of the standout features of Monrovia is its diverse housing market, particularly homes with an apartment subtype. These unique properties are perfect for those seeking flexibility and additional income potential. Whether you’re a first-time homebuyer or an experienced investor, homes with apartments offer a fantastic opportunity to live comfortably while generating rental income. Imagine having a cozy space for yourself while providing a welcoming home for tenants or family members.

The city is also well-equipped with excellent schools, beautiful parks, and a strong sense of community, making it an ideal setting for families and individuals alike. With easy access to major highways and public transportation, commuting to nearby cities is a breeze, ensuring you can enjoy the best of both worlds – the tranquility of Monrovia and the excitement of Los Angeles.

Explore the charm of Monrovia and discover the perfect home with an apartment subtype that suits your lifestyle. Here, you’ll find not just a house, but a place to create lasting memories. Embrace the opportunity to be part of this vibrant community, where every day feels like a new adventure!

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.