Monrovia (639) Homes with Apartment Subtype

Welcome to Monrovia, California – a charming city nestled in the heart of Los Angeles County, where picturesque streets meet a vibrant community spirit. Known for its rich history and stunning foothill views, Monrovia offers a unique blend of suburban tranquility and urban convenience. With a population of around 39,000, this city is filled with friendly faces and welcoming neighborhoods, making it an ideal place to call home.

Monrovia boasts a diverse real estate market, and one of its standout features is the availability of homes with apartment subtypes. These properties provide an excellent opportunity for homeowners looking to generate rental income or accommodate extended family members. Imagine living in a beautifully designed home while having the option to rent out a portion of it – a perfect solution for those seeking financial flexibility.

The homes in Monrovia with apartment subtypes often feature spacious layouts, modern amenities, and private entrances, ensuring both comfort and privacy. Many of these properties are located near the bustling Old Town Monrovia, where you can enjoy trendy shops, delightful eateries, and community events year-round. The city is also home to top-rated schools and lush parks, making it an ideal choice for families.

Whether you’re a first-time homebuyer, an investor, or someone looking to downsize, Monrovia's homes with apartment subtypes offer a unique opportunity to embrace the California lifestyle. With its charming neighborhoods, rich cultural heritage, and convenient access to the greater Los Angeles area, Monrovia is not just a place to live – it’s a place to thrive. Come explore the possibilities that await you in this delightful city!

Newest Monrovia (639) Homes with Apartment Subtype

$2,228,000

AR26167821 MLS ⋅ Active Status

Exceptional six-unit investment opportunity in one of Monrovia's most sought-after neighborhoods. Situated on an approximately 11,151-square-foot lot, this attractive single-story property is conveniently located near Old Town Monrovia, Foothill Boulevard, shopping centers, restaurants, schools, parks, and public transportation. The property features an excellent unit mix consisting of one spacious two-bedroom, two-bathroom unit and five one-bedroom, one-bathroom units. The two-bedroom unit includes its own laundry hookups and split-system air conditioning. Most units have been updated with laminate flooring. The roof was replaced in 2017, and the property features recent upgraded electrical service, separate gas and electrical meters for each unit, individual water heaters, an on-site coin-operated laundry room, and one covered carport parking space per unit. Unit F has recently undergone an extensive renovation featuring new laminate flooring, recessed lighting, dual-pane windows, a beautifully remodeled bathroom, an updated kitchen with quartz countertops and newer cabinetry, upgraded fixtures, and two split-system air-conditioning units. This well-maintained property offers strong in-place income, additional rental upside potential, and an outstanding location in the heart of Monrovia.

522 W Linwood Avenue, Monrovia

$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.