Monrovia Homes under $4 million

Nestled in the heart of Los Angeles County, Monrovia, California, is a charming city that beautifully blends suburban tranquility with vibrant urban amenities. Known for its rich history and picturesque landscapes, Monrovia offers a welcoming atmosphere that attracts families, professionals, and retirees alike. With its tree-lined streets, historic downtown area, and a strong sense of community, it’s no wonder that Monrovia has become a sought-after destination for homebuyers.

One of the most appealing aspects of Monrovia is its diverse real estate market, where you can find stunning homes under $4 million. Whether you're searching for a cozy bungalow, a modern family home, or a luxurious estate, Monrovia has something for everyone. Many of these properties boast spacious yards, contemporary designs, and proximity to local parks, schools, and shopping centers, making it an ideal location for those looking to settle down in a vibrant community.

Monrovia is also known for its excellent schools and recreational opportunities. The city is home to several parks, including the beautiful Monrovia Canyon Park, where residents can enjoy hiking, picnicking, and breathtaking views of the San Gabriel Mountains. Additionally, the historic Old Town Monrovia offers a variety of dining and shopping options, perfect for a leisurely weekend stroll.

With its unique blend of charm, convenience, and a thriving real estate market, Monrovia is a fantastic place to call home. Discover the perfect property that suits your lifestyle and experience all that this enchanting city has to offer!

Newest Monrovia Homes under $4 million

$1,749,000

6 Beds ⋅ 7 Baths ⋅ ACTIVE Status

Exceptional investment and special-use opportunity on an approximately 11,500 SF gated lot in Monrovia, offering multiple income, operating, and development strategies. The property features a fully renovated main residence of approximately 2,439 SF with 4 bedrooms, 4 bathrooms, plus 2 additional flexible rooms ideal for offices, administrative space, therapy rooms, or other uses. The renovation includes extensive upgrades throughout, including roof, stucco, plumbing, electrical, lighting, flooring, interior finishes, kitchen, and more. Solar is also installed. A beautifully designed detached ADU of approximately 1,000 SF offers an additional 2 bedrooms and 2 bathrooms with high ceilings, modern finishes, and excellent independent living or rental potential. Together, the main residence and ADU provide approximately 3,439 SF of living space and multiple opportunities for rental income, multigenerational occupancy, staff housing, or business operations. One of the property's strongest investment features is its reported current license for a 12-person alcohol and drug rehabilitation/recovery facility, creating a unique opportunity for qualified operators seeking an established location for behavioral health, recovery, transitional, or related residential services. Buyer to independently verify licensing, permitted use, transferability, and operational requirements. The large lot offers a long gated driveway and substantial on-site parking with room for numerous vehicles, vans, recreational vehicles, or other operational needs. A detached 2-car garage is complemented by a separate laundry area and additional restroom, adding further flexibility for residents, staff, storage, or facility operations. Another significant upside is future development potential. Based on information provided by the City, the existing detached garage may potentially be replaced with an additional residence of up to approximately 2,100 SF, creating the possibility of a third dwelling on the property. Buyer to verify all zoning, building, density, setback, permitting, and development requirements directly with the City. The property also offers expansive outdoor areas, covered patio space, a fountain, and an approximately 1,300 SF rooftop terrace, providing additional usable space for residents, tenants, clients, staff, recreation, or gatherings. Multiple investment scenarios include operating the property as a licensed recovery facility, leasing the main residence and ADU separately, creating a multigenerational or corporate housing property, combining residential and administrative uses, or pursuing future development of a third residence. With extensive renovations already completed, a separate ADU, large gated lot, substantial parking, special-use potential, and additional development possibilities, 1213 S California Avenue presents a rare opportunity for investors and operators seeking flexibility, income potential, and long-term upside in Monrovia.

1213 S California Ave, Monrovia

Courtesy of Berkshire Hathaway HomeServices California Propert, Nikolai Medvedev - CA DRE#02163830

$850,000

4 Beds ⋅ 2 Baths ⋅ ACTIVE Status

A well-maintained Monrovia duplex offering the rare combination of established income and room to shape its future. Tucked on a 6,202 SF lot, this two-unit property features two comfortable 2-bedroom, 1-bath residences with approximately 1,728 SF of total living space and two one-car garages. Both units are currently occupied on a month-to-month basis, providing $4,485 in combined monthly rental income. The simple, functional layout makes ownership and maintenance straightforward, while the flexible tenancy offers an opportunity to evaluate future leasing strategies over time. The existing garage areas also present potential for additional value, with any conversion or redevelopment subject to applicable regulations and buyer verification. Whether held as a long-term income property, repositioned over time, or explored for future owner-occupant use, 519 E Los Angeles Ave offers a solid foundation with options for what comes next.

519 Los Angeles Ave, Monrovia

Courtesy of Compass, Ali Nahle - CA DRE#01988178

$3,995,000

22 Beds ⋅ 20 Baths ⋅ ACTIVE Status

The subject property is a 12-unit apartment complex built in 1978 and located in Monrovia, California. Ideally situated at 425 Linwood Ave, this property offers tenants a central hub to all that Monrovia and the greater San Gabriel Valley have to offer. The improvements are built on a 17,250-square-foot lot with a total building size of 10,798 gross square feet. There is owner-owned laundry on-site. The street is primarily single family homes, is very quiet and tree lined. There are 17 on-site parking spaces provided for residents. Each well-maintained unit offers convenient access to local shopping, dining, and transportation corridors. Nestled at the foothills of the San Gabriel Mountains, the property offers proximity to major thoroughfares including the 210 and 605 Freeways, giving tenants quick access to Pasadena, Downtown Los Angeles, and surrounding employment hubs. The Monrovia submarket has experienced steady demand for quality residential rental units, driven by its vibrant community character and strong local economy.

425 Linwood Ave Unit M, Monrovia

Courtesy of Keller Williams Beverly Hills, Morgan McMullin - CA DRE#01716570

$1,749,000

6 Beds ⋅ 7 Baths ⋅ ACTIVE Status

Exceptional turnkey residential compound in Monrovia offering 3,439 sq. ft. of living space plus multiple additional structures on an expansive approximately 11,445 sq. ft. gated lot. Extensively renovated from top to bottom, this property combines the comfort of a beautifully updated main residence with the flexibility of a newly completed detached ADU an increasingly rare opportunity for multi-generational living, extended family, guests, home offices, or additional income potential. The 2439 sq. ft. main residence features 4 bedrooms, 4 full bathrooms, plus 2 additional flexible rooms ideal for offices, gym, media room or guest space. Major improvements include updated plumbing and electrical systems, new roofing, stucco, flooring, paint, recessed lighting and a beautifully remodeled kitchen with custom cabinetry, quartz-style countertops, stainless steel appliances and a large center island. An open living and dining environment creates a bright, modern feel throughout. A major highlight is the detached approximately 1,000 sq. ft. ADU, completed in 2025, featuring 2 bedrooms, 2 bathrooms, high ceilings and a spacious contemporary living area. The ADU was designed with approximately 285 additional sq. ft. of attached covered patio area, creating an attractive opportunity for a buyer to explore incorporating additional space into the structure in the future, subject to City approval and buyer verification. The oversized property also offers a detached 2-car garage, separate laundry/storage structure with restroom, expansive gated driveway with parking for multiple vehicles, covered outdoor areas, landscaped grounds, mature trees and extensive hardscape. Fully vacant and ready for immediate occupancy. With extensive recent improvements, a nearly new ADU, multiple flexible living and work areas, and significant usable land, this is far more than a traditional single-family home, it is a versatile Monrovia property designed for the way people live today.

1213 S California Ave, Monrovia

Courtesy of Berkshire Hathaway HomeServices California Propert, Nikolai Medvedev - CA DRE#02163830

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