Monrovia (639) 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 rich history and vibrant community, Monrovia offers a delightful blend of suburban tranquility and urban convenience. With its picturesque tree-lined streets, historic downtown district, and abundant parks, this city is a hidden gem that captures the hearts of residents and visitors alike.

Monrovia boasts a diverse array of homes, making it an ideal place for families, professionals, and retirees. Among the most sought-after properties are those with an apartment subtype, providing a unique opportunity for homeowners to enjoy additional living space or rental income. These homes often feature spacious layouts that accommodate both private and communal living, perfect for multi-generational families or those looking to invest in rental opportunities.

Imagine having a beautiful home with a separate apartment that can serve as a guest suite, home office, or even a source of passive income. The versatility of these properties allows for creative living arrangements, catering to a variety of lifestyle needs.

With a strong sense of community, excellent schools, and convenient access to major highways and public transportation, Monrovia is not just a place to live—it's a place to thrive. Explore the wonderful homes with apartment subtypes in Monrovia and discover the perfect blend of comfort, convenience, and opportunity in this enchanting Southern California city. Your dream home awaits!

Newest Monrovia (639) 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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