Monrovia Homes with Quadruplex Subtype

Welcome to Monrovia, California – a hidden gem nestled in the heart of Los Angeles County. Known for its charming tree-lined streets and vibrant community spirit, Monrovia offers a unique blend of suburban tranquility and urban convenience. With its rich history dating back to the late 1800s, this picturesque city boasts a delightful mix of classic architecture and modern amenities, making it an ideal place to call home.

One of the standout features of Monrovia is its diverse real estate market, particularly the availability of quadruplex homes. These multifamily properties present an exceptional opportunity for both investors and homeowners, offering four separate living units within a single building. This unique housing option not only maximizes rental income potential but also fosters a sense of community among residents.

Imagine owning a quadruplex in Monrovia, where you can enjoy the benefits of passive income while living in one of the units. The city's strategic location provides easy access to major highways, making commuting to downtown Los Angeles a breeze. Additionally, Monrovia is home to an array of parks, dining options, and shopping venues, ensuring that residents have everything they need right at their doorstep.

Whether you’re looking to invest or find a spacious home that accommodates your family while generating income, Monrovia’s quadruplex properties are a fantastic choice. Embrace the charm of this vibrant city and explore the possibilities that await in your new home. Discover Monrovia – where community, convenience, and opportunity come together beautifully!

Newest Monrovia Homes with Quadruplex Subtype

$1,580,000

P1-27936 MLS ⋅ Active Under Contract Status

Set against the foothills in Monrovia, right on the Arcadia boarder, this well-maintained and updated four-plex offers something increasingly difficult to find: an income property that feels genuinely residential. Built in 1954 and comprising approximately 3,120 square feet, the property is arranged as two separate buildings with two residences in each, surrounded by mature landscaping, garden paths, private outdoor spaces, and mountain views. The two front residences are bright and comfortable, each a one-bedroom, one-bath unit offering an inviting living room, spacious kitchen, generous bedroom, and updated bath. Tucked behind them, the rear building offers two larger residences with distinctly different personalities. The lower unit features a spacious living room, in-unit laundry, and a beautifully remodeled kitchen with recessed lighting, granite countertops, and a breakfast nook. An oversized glass door opens to a private deck and patio. Upstairs, the original 'owner's unit' is a three-bedroom, two-bath residence offers generous living and dining spaces, remodeled bathrooms, an updated kitchen, central heat and air, and views toward the surrounding foothills. Throughout the property, mature hedges, flowering drought-tolerant landscaping, and thoughtfully defined outdoor spaces create privacy and a welcome sense of calm. The three original one-car garages have been converted into storage lockers so that each unit has a dedicated storage space and 3 of the 4 units have an off-street parking space. Lovingly cared for and improved over the years, the property also benefits from significant updates including the roof, plumbing, concrete driveway, exterior paint, storage, and landscaping all updated within the last 12 years. Whether held as a long-term investment or envisioned as an owner-occupied property with additional income, this is a rare opportunity to own a four-unit property with the warmth and character of a place people are proud to call home.

322 324 S Lincoln Place, 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.