520 E Lime Ave, Monrovia, CA 91016

$1,010,000
5
BD
3
BA
1,437
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$1,010,000
List Price
$999,000
Closing Date
May 08, 2026
MLS#
26666553
Year Built
1933
Bedrooms
5
Bathrooms
3
Living Sq. Ft
1,437
Lot Size
7,995
Days on Market
19
Property Type
Single Family Residential
Style
California Bungalow

Property Description

Excellent opportunity to own a well-maintained duplex in the heart of Monrovia. This property features two separate detached homes on one lot, ideal for both owner-users and investors.The front home (520 E Lime Ave) can be delivered vacant and offers 3 bedrooms and 2 bathrooms, complete with a new kitchen and upgraded bathrooms, making it move-in ready. The rear home (518 E Lime Ave) includes 2 bedrooms and 1 bathroom, features private alley access and a two-car carport, and is currently generating $3,100 per month in rental income.Recent improvements include a new roof, updated interiors, mini-split systems, and separate gas and electric meters for each unit. The layout provides privacy between units, enhancing its appeal for multi-generational living or rental purposes.Located in a desirable neighborhood with access to great schools, this property presents a rare opportunity to live in one unit while generating income from the other or maximize returns as an investment. Just a short distance from Old Town Monrovia, offering dining, shopping, and community events.

Additional Information

Other Buildings
Shed(s)
Pool Description
None
Heat
Wall Gas
Cooling
Ceiling Fan, Wall Unit(s), Wall/Window
View
Mountains
Number of Cars in Garage
Carport, On street

How much is your home worth?

...get instant property value now!

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Courtesy of Keller Williams Los Angeles, Raymond Wu - CA DRE#02019741 Selling Office: .

The information being provided by CARETS (CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS, and/or VCRDS)is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identifyprospective properties visitor may be interested in purchasing.Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX)program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than thebroker and/or agent who owns this web site.The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, isdeemed reliable but not guaranteed and should be personally verified through personal inspection by and/or withthe appropriate professionals. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS,DAMLS, CRMLS, i-Tech MLS and/or VCRDS and is protected by all applicable copyright laws. Any disseminationof this information is in violation of copyright laws and is strictly prohibited.CARETS, California Real Estate Technology Services, is a consolidated MLS property listing data feed comprisedof CLAW (Combined LA/Westside MLS), CRISNet MLS (Southland Regional AOR), DAMLS (Desert Area MLS),CRMLS (California Regional MLS), i-Tech MLS (Glendale AOR/Pasadena Foothills AOR) and VCRDS (VenturaCounty Regional Data Share).