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616 S 5th Avenue in Monrovia, CA. The property is a well-positioned three-unit multifamily asset in the heart of Monrovia, one of the San Gabriel Valley's most resilient and supply-constrained rental markets. Built in 1948, the property sits on a generous 8,294 square foot lot with 2,522 square feet of building area, offering a spacious, low-density configuration that is increasingly rare in today's market. The property is subject to AB-1482 however, it is not subject to any local rent control. Under AB-1482, ownership can raise rents 8.7% within 30 days of close bringing the GRM to 16.7. The unit mix consists of two two-bedroom/one-bath apartments and one two-bedroom/one-bath standalone house, creating a diverse and appealing offering for a broad range of tenants. The property's physical footprint is one of its most compelling attributes. The front house benefits from both a front yard and a rear yard area, offering a level of private outdoor space rarely found in multifamily product of this size. The two rear units each enjoy their own private outdoor patio areas, providing tenants with a sense of privacy and separation that drives retention and supports premium rents. All three units are equipped with washer/dryer hookups, and on-site garages provide additional storage for tenants. Tenants are responsible for electricity and gas, keeping landlord utility exposure limited to water, trash, and gardening.A prospective buyer should note the significant value-add potential presented by the on-site garage structures. Subject to City of Monrovia approval and applicable building requirements, the existing garages may be eligible for conversion into Accessory Dwelling Units (ADUs) an increasingly viable strategy under California's expanded ADU legislation. A successful conversion could meaningfully increase the property's unit count and gross rental income without the need for ground-up construction, offering a compelling path to enhanced yield and long-term asset appreciation. Prospective purchasers are encouraged to conduct their own independent due diligence with the City of Monrovia Planning Department and a qualified contractor to evaluate feasibility, permitting requirements, and projected conversion costs.Situated in Monrovia's established residential core, the property benefits from convenient access to major employment corridors throughout the San Gabriel Valley and the greater Los Angeles basin. The 210 Freeway is moments away, connecting residents to Pasadena, the City of Hope National Medical Center in Duarte, the Azusa Pacific University corridor, and the broader employment hubs of the San Gabriel Valley and downtown Los Angeles. The Monrovia Gold Line Station further enhances connectivity, offering tenants a car-free commute option into Pasadena and beyond a feature that continues to strengthen rental demand in the immediate submarket.

6 Beds ⋅ 3 Baths ⋅ SOLD Status

616 S 5th Avenue in Monrovia, CA. The property is a well-positioned three-unit multifamily asset in the heart of Monrovia, one of the San Gabriel Valley's most resilient and supply-constrained rental markets. Built in 1948, the property sits on a generous 8,294 square foot lot with 2,522 square feet of building area, offering a spacious, low-density configuration that is increasingly rare in today's market. The property is subject to AB-1482 however, it is not subject to any local rent control. Under AB-1482, ownership can raise rents 8.7% within 30 days of close bringing the GRM to 16.7. The unit mix consists of two two-bedroom/one-bath apartments and one two-bedroom/one-bath standalone house, creating a diverse and appealing offering for a broad range of tenants. The property's physical footprint is one of its most compelling attributes. The front house benefits from both a front yard and a rear yard area, offering a level of private outdoor space rarely found in multifamily product of this size. The two rear units each enjoy their own private outdoor patio areas, providing tenants with a sense of privacy and separation that drives retention and supports premium rents. All three units are equipped with washer/dryer hookups, and on-site garages provide additional storage for tenants. Tenants are responsible for electricity and gas, keeping landlord utility exposure limited to water, trash, and gardening.A prospective buyer should note the significant value-add potential presented by the on-site garage structures. Subject to City of Monrovia approval and applicable building requirements, the existing garages may be eligible for conversion into Accessory Dwelling Units (ADUs) an increasingly viable strategy under California's expanded ADU legislation. A successful conversion could meaningfully increase the property's unit count and gross rental income without the need for ground-up construction, offering a compelling path to enhanced yield and long-term asset appreciation. Prospective purchasers are encouraged to conduct their own independent due diligence with the City of Monrovia Planning Department and a qualified contractor to evaluate feasibility, permitting requirements, and projected conversion costs.Situated in Monrovia's established residential core, the property benefits from convenient access to major employment corridors throughout the San Gabriel Valley and the greater Los Angeles basin. The 210 Freeway is moments away, connecting residents to Pasadena, the City of Hope National Medical Center in Duarte, the Azusa Pacific University corridor, and the broader employment hubs of the San Gabriel Valley and downtown Los Angeles. The Monrovia Gold Line Station further enhances connectivity, offering tenants a car-free commute option into Pasadena and beyond a feature that continues to strengthen rental demand in the immediate submarket.

616 S 5th Ave, Monrovia

Courtesy of Compass, John Swartz - CA DRE#01873487 Selling Office: .

$1,238,000

814 S Mayflower Ave in Monrovia. Situated in one of the San Gabriel Valley's most sought-after residential communities, 814 S Mayflower Avenue presents investors with a rare opportunity to acquire a well-maintained, three-unit income property in the heart of Monrovia, California. Built in 1956 and set on a 6,580 square foot lot, this classic single-story courtyard-style building totals 2,447 square feet and features three spacious 2-bedroom/1-bathroom units each thoughtfully laid out with comfortable living spaces, hardwood-style flooring, and individual garages that provide tenants private storage and washer/dryer hookups. The property is individually metered for electricity and gas, with tenants responsible for their own utility costs, while the owner covers water, trash, and gardening. Refrigerators are owner-supplied unless replaced by tenants, and the building presents in excellent condition throughout. The property is subject to AB 1482 however, it is not subject to local rent control, providing the incoming owner with meaningful flexibility to manage rents to market as tenancies turn. The incoming owner will have the ability to increase rents on all three units by 8.7% in August with a 30-day notice to the tenants, bringing the GRM to 16.7 with no capital investment, repositioning, or tenant turnover. The on-site garage structures may present an opportunity for Accessory Dwelling Unit (ADU) conversion, subject to City of Monrovia approval and applicable building requirements. Under California's significantly expanded ADU legislation, garage-to-ADU conversions have become an increasingly viable and cost-effective strategy for multifamily owners seeking to grow unit count and rental income without ground-up construction. A successful conversion could materially increase the property's gross income and overall value, transforming what is currently a functional tenant amenity into an additional revenue-generating asset. Prospective purchasers are encouraged to independently verify feasibility, permitting pathways, and projected costs with the City of Monrovia Planning Department and a licensed contractor prior to close of escrow.Monrovia's location within the Upper San Gabriel Valley positions residents within easy reach of the region's most prominent employment corridors. The property sits just minutes from the 210 Freeway and provides convenient access to major job centers including the City of Hope National Medical Center, a world-renowned cancer research and treatment institution employing thousands; the Arcadia and Pasadena medical corridors; and the broader tech, professional services, and logistics hubs concentrated along the 210/10 Freeway interchange. The Monrovia Gold Line Station part of the Metro L Line further enhances the property's commuter appeal, connecting residents directly to Pasadena, Downtown Los Angeles, and beyond without a car. Old Town Monrovia's thriving dining, retail, and entertainment district is just blocks away, reinforcing the neighborhood's strong live-work-play appeal.

6 Beds ⋅ 3 Baths ⋅ SOLD Status

814 S Mayflower Ave in Monrovia. Situated in one of the San Gabriel Valley's most sought-after residential communities, 814 S Mayflower Avenue presents investors with a rare opportunity to acquire a well-maintained, three-unit income property in the heart of Monrovia, California. Built in 1956 and set on a 6,580 square foot lot, this classic single-story courtyard-style building totals 2,447 square feet and features three spacious 2-bedroom/1-bathroom units each thoughtfully laid out with comfortable living spaces, hardwood-style flooring, and individual garages that provide tenants private storage and washer/dryer hookups. The property is individually metered for electricity and gas, with tenants responsible for their own utility costs, while the owner covers water, trash, and gardening. Refrigerators are owner-supplied unless replaced by tenants, and the building presents in excellent condition throughout. The property is subject to AB 1482 however, it is not subject to local rent control, providing the incoming owner with meaningful flexibility to manage rents to market as tenancies turn. The incoming owner will have the ability to increase rents on all three units by 8.7% in August with a 30-day notice to the tenants, bringing the GRM to 16.7 with no capital investment, repositioning, or tenant turnover. The on-site garage structures may present an opportunity for Accessory Dwelling Unit (ADU) conversion, subject to City of Monrovia approval and applicable building requirements. Under California's significantly expanded ADU legislation, garage-to-ADU conversions have become an increasingly viable and cost-effective strategy for multifamily owners seeking to grow unit count and rental income without ground-up construction. A successful conversion could materially increase the property's gross income and overall value, transforming what is currently a functional tenant amenity into an additional revenue-generating asset. Prospective purchasers are encouraged to independently verify feasibility, permitting pathways, and projected costs with the City of Monrovia Planning Department and a licensed contractor prior to close of escrow.Monrovia's location within the Upper San Gabriel Valley positions residents within easy reach of the region's most prominent employment corridors. The property sits just minutes from the 210 Freeway and provides convenient access to major job centers including the City of Hope National Medical Center, a world-renowned cancer research and treatment institution employing thousands; the Arcadia and Pasadena medical corridors; and the broader tech, professional services, and logistics hubs concentrated along the 210/10 Freeway interchange. The Monrovia Gold Line Station part of the Metro L Line further enhances the property's commuter appeal, connecting residents directly to Pasadena, Downtown Los Angeles, and beyond without a car. Old Town Monrovia's thriving dining, retail, and entertainment district is just blocks away, reinforcing the neighborhood's strong live-work-play appeal.

814 S Mayflower Ave, Monrovia

Courtesy of Compass, John Swartz - CA DRE#01873487 Selling Office: .

$1,010,000

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.

5 Beds ⋅ 3 Baths ⋅ SOLD Status

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.

520 E Lime Ave, Monrovia

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

$1,010,000

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.

5 Beds ⋅ 3 Baths ⋅ SOLD Status

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.

520 E Lime Ave, Monrovia

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

$799,000

Short has been APPROVED. Welcome to 107 Brisbane St in Monrovia. This 3-bedroom, 2-bath single-family home offers approximately 1,565 sq. ft. of living space on a generous nearly 9,700 sq. ft. lot, providing a great blend of indoor comfort and outdoor space. The home features a functional floor plan, spacious living areas, a detached garage, and a large backyard with plenty of room for entertaining, gardening, or future personalization. Conveniently located near local shopping, dining, parks, schools, and commuter routes, this property offers excellent accessibility in an established Monrovia neighborhood. A great opportunity to own a well-located home with space, flexibility, and long-term potential.

3 Beds ⋅ 2 Baths ⋅ SOLD Status

Short has been APPROVED. Welcome to 107 Brisbane St in Monrovia. This 3-bedroom, 2-bath single-family home offers approximately 1,565 sq. ft. of living space on a generous nearly 9,700 sq. ft. lot, providing a great blend of indoor comfort and outdoor space. The home features a functional floor plan, spacious living areas, a detached garage, and a large backyard with plenty of room for entertaining, gardening, or future personalization. Conveniently located near local shopping, dining, parks, schools, and commuter routes, this property offers excellent accessibility in an established Monrovia neighborhood. A great opportunity to own a well-located home with space, flexibility, and long-term potential.

107 Brisbane St, Monrovia

Courtesy of Exp Commercial of California, Inc., Louis Chavez - CA DRE#01949822 Selling Office: .

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