Monrovia Homes with Quadruplex Subtype

Monrovia Homes with Quadruplex Subtype

Welcome to Monrovia, California – a charming city nestled in the heart of Los Angeles County. Known for its picturesque tree-lined streets, vibrant community, and rich history, Monrovia offers a unique blend of suburban tranquility and urban convenience. With its close proximity to the San Gabriel Mountains, residents enjoy breathtaking views and an array of outdoor activities, from hiking to picnicking in the nearby parks. The city boasts a delightful downtown area filled with boutique shops, cozy cafes, and a variety of dining options, making it a perfect place for leisurely strolls and social gatherings.

For those seeking investment opportunities or multi-family living arrangements, Monrovia features an array of homes with a quadruplex subtype. These properties are ideal for investors looking to maximize rental income or for families seeking to live in close proximity while maintaining their independence. Quadruplex homes offer four distinct living units, providing both privacy and community. Each unit typically includes its own kitchen and living space, ensuring comfort for all residents.

Investing in a quadruplex in Monrovia not only allows you to tap into the growing rental market of this desirable city but also places you in a vibrant community known for its excellent schools, diverse culture, and strong sense of neighborhood. With the charm of Monrovia and the practical benefits of a quadruplex, you can enjoy the best of both worlds—living comfortably while building a sustainable investment for the future. Discover your next home or investment opportunity in Monrovia today!

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

Start Your Search

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.