Monrovia (639) Homes with Triplex Subtype

Monrovia (639) Homes with Triplex Subtype

Welcome to Monrovia, California, a charming city nestled in the foothills of the San Gabriel Mountains, just 20 miles northeast of downtown Los Angeles. Known for its vibrant community, rich history, and picturesque tree-lined streets, Monrovia offers a unique blend of suburban tranquility and urban convenience. With a population of around 39,000, this welcoming city boasts a lively downtown area filled with boutique shops, delightful eateries, and a bustling farmer's market, making it a perfect place for families and professionals alike.

One of the exciting real estate opportunities in Monrovia is the availability of triplex homes. These multi-family properties present an exceptional investment opportunity, allowing homeowners to live in one unit while renting out the others. With the demand for rental properties on the rise, triplexes in Monrovia are not only a smart financial move but also a chance to be part of a thriving community.

The triplex homes in this area often feature spacious layouts, modern amenities, and outdoor spaces that enhance the living experience. Whether you’re looking to invest or seeking a unique living arrangement, these properties provide flexibility and the potential for passive income.

Monrovia’s excellent schools, parks, and recreational facilities further enhance its appeal, making it a desirable location for families. With its blend of historic charm and modern conveniences, Monrovia is more than just a place to live; it’s a community where you can truly thrive. Discover the possibilities that await you in this enchanting city!

Newest Monrovia (639) 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
$995,000
AR26147075 MLS ⋅ Active Under Contract Status
Location, Location, Location! Exceptional investment opportunity in the heart of Monrovia! Just moments from vibrant Old Town Monrovia, with its popular restaurants, shops, parks, and year-round community events, this well-located triplex also offers quick and convenient access to the 210 Freeway, making it highly desirable for tenants. The property features an excellent unit mix consisting of Unit 1: 2 bedrooms, 1.5 bathrooms; Unit 2: 1 bedroom, 1 bathroom; and Unit 3: 2 bedrooms, 1 bathroom, providing strong rental appeal and outstanding income potential. Whether you're looking to expand your investment portfolio or own an income-producing property in one of the San Gabriel Valley's most sought-after neighborhoods, this is an opportunity you won't want to miss. Prime location and close proximity to everything Monrovia has to offer make this a standout investment. Please do not disturb the tenants or walk onto the property.

327 W Lemon Avenue, Monrovia
$1,396,800
WS26124605 MLS ⋅ Active Status
Tucked into a highly sought after North Monrovia neighborhood, this charming triplex offers an excellent opportunity for both investors and owner occupants. Located just moments from the shops, dining, and vibrant community atmosphere of Old Town Monrovia, Great 3-Unit investment opportunity is located in a desirable area of North Monrovia. The front unit features 2 bedrooms, 1 bathroom, eat in kitchen and spacious living room. The second unit has 2 bedrooms and 2 bathrooms, eat in kitchen plus dining area and living room. The third unit is a studio with 1 bathroom & 1 bathroom and kitchen. Additionally there are porches and patios conveniently located throughout the property. Also included in this property is a 3 car garage (with laundry hookups) and 3 parking spaces. Conveniently located near public transportation, shopping center and parks. Great opportunity for investor, Rent increase potential.

835 E Foothill Boulevard, Monrovia
$1,650,000
AR26110175 MLS ⋅ Active Status
This lovely triplex is ideally located near public transportation, shopping, and dining, all just blocks away. Each of the three units features its own private two-car garage, along with additional on-site parking. Recent updates throughout the property make this an exceptional investment or owner-user opportunity. Priced within FHA loan limits, this property offers an attractive and affordable financing option.

223 Montana, Monrovia
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