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(323) 864-4211
Linda Roth Burrell
520 E Lime Ave, Monrovia, CA 91016
- $1,010,000
- 5
- BD
- 3
- BA
- 1,437
- SqFt
- Sold Price
- $1,010,000
- List Price
- $999,000
- Closing Date
- May 08, 2026
- MLS#
- 26666115
- Year Built
- 1933
- Bedrooms
- 5
- Bathrooms
- 3
- Living Sq. Ft
- 1,437
- Lot Size
- 7,995
- Days on Market
- 19
- Property Type
- Multifamily
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)
- Heat
- Wall Gas
- Cooling
- Wall/Window
- Number of Cars in Garage
- Carport, Driveway Gate, On street
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Courtesy of Keller Williams Los Angeles, Raymond Wu - CA DRE#02019741 Selling Office: .
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