Monrovia Homes with Apartment Subtype

Welcome to Monrovia, California—a charming city nestled at the foothills of the San Gabriel Mountains in Los Angeles County. Known for its picturesque tree-lined streets and a vibrant downtown area, Monrovia offers a delightful blend of suburban tranquility and urban amenities. With a rich history dating back to the late 1800s, this city boasts a unique character that draws residents and visitors alike.

Monrovia is not just a place to live; it's a community where neighbors become friends and where local businesses thrive. The city is home to a variety of parks, hiking trails, and recreational facilities, making it perfect for outdoor enthusiasts and families looking to enjoy quality time together. The historic Old Town Monrovia invites you to explore its eclectic shops, cozy cafes, and delicious dining options, providing a lively atmosphere that captures the spirit of California living.

For those considering a home in this charming city, Monrovia offers a range of properties, including homes with apartment subtypes. These versatile residences are perfect for multi-generational living or investment opportunities, providing the ideal balance of privacy and community. With spacious layouts, modern amenities, and often situated in desirable neighborhoods, these homes cater to a variety of lifestyles.

Whether you're drawn to Monrovia for its scenic beauty, community spirit, or convenient location just a short drive from downtown Los Angeles, you’ll find that this city has something for everyone. Discover your dream home in Monrovia today and experience the warmth and charm that this lovely city has to offer!

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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