Monrovia (639) Homes with Apartment Subtype

Welcome to Monrovia, California – a vibrant gem nestled in the heart of Los Angeles County. Known for its charming historic downtown, lush parks, and a strong sense of community, Monrovia offers a unique blend of suburban tranquility and urban convenience. With its picturesque tree-lined streets and a rich cultural heritage, this city is perfect for families, young professionals, and retirees alike.

Monrovia boasts a diverse real estate market, making it an ideal place for those seeking homes with apartment subtypes. These versatile properties provide the perfect solution for multi-generational living, rental income opportunities, or simply additional space for guests. With a variety of layouts and designs, you can find homes that cater to your lifestyle needs while enjoying the benefits of Monrovia’s close-knit community.

Living in Monrovia means enjoying easy access to outdoor activities, with the San Gabriel Mountains just a stone's throw away. Spend your weekends hiking scenic trails, picnicking in the nearby parks, or exploring the local farmers’ market. The city is also home to a thriving arts scene, with galleries, theaters, and annual events that celebrate the rich culture of the area.

With its excellent schools, convenient transportation options, and a variety of dining and shopping experiences, Monrovia is not just a place to live; it’s a place to thrive. Discover the charm of Monrovia and explore the possibilities that homes with apartment subtypes have to offer. Your dream home awaits in this enchanting Southern California city!

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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