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We are proud to present this exceptionally clean, low-maintenance 7-unit apartment complex, ideally located in one of North Monrovia's most desirable neighborhoods just east of the Old Town area. This rare pride-of-ownership multifamily opportunity consists of three buildings--a main 5-unit building and two detached bungalow units--offering an attractive and flexible unit mix with strong tenant appeal.The property features three 1-bedroom/1-bath units, two 2-bedroom/1-bath units, and two spacious 2-bedroom/2-bath units. The 1-bedroom and 2-bedroom/1-bath units each include a single-car garage and share a common on-site laundry room, which also provides additional income. The 2-bedroom/2-bath bungalow units were constructed from the ground up approximately five years ago and offer modern amenities including in-unit stacked washer and dryers, forced air heating and central air conditioning, tankless water heaters, and fully paid solar systems--helping reduce operating costs while enhancing tenant comfort. One bungalow also features a large private fenced patio.The 2-bedroom/1-bath units have been thoughtfully upgraded with mini-split heating and air conditioning systems along with numerous additional improvements throughout the property. The main building includes upgraded electrical panels, five single-car garages, and consistent maintenance that reflects years of careful ownership.Located in a high-performing rental market with an exceptional long-term occupancy history, the property offers a quiet residential environment while remaining conveniently close to shopping, dining, parks, schools, and major commuter routes. This is truly one of the best-condition multifamily assets available in the surrounding area.An uncommon level of operational transparency is provided, with complete rent rolls and detailed historical documentation available, giving buyers confidence in underwriting and long-term performance.
| DAYS ON MARKET | 19 | LAST UPDATED | 2/27/2026 |
|---|---|---|---|
| TRACT | Not Applicable | YEAR BUILT | 1948 |
| COMMUNITY | 639 - Monrovia | GARAGE SPACES | 5.0 |
| COUNTY | Los Angeles | STATUS | Active |
| PROPERTY TYPE(S) | Residential Income |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Electric Range, Gas Range, Gas Water Heater, Range Hood, Refrigerator, Tankless Water Heater, Vented Exhaust Fan, Washer, Washer/Dryer Stacked, Water Heater |
| AREA | 639 - Monrovia |
| CONSTRUCTION | Frame, Stucco, Synthetic Stucco |
| EXTERIOR | Garden, Lighting, Rain Gutters |
| GARAGE | Yes |
| HEAT | Active Solar, Central, Forced Air, Solar |
| INTERIOR | Built-in Features, Recessed Lighting, Storage |
| LOT | 0.3331 acre(s) |
| LOT DESCRIPTION | Desert Back, Desert Front, Front Yard, Garden, Greenbelt, Irregular Lot, Landscaped, Level, Near Public Transit |
| LOT DIMENSIONS | Irregular |
| PARKING | Garage, On Site, Off Street, Garage Faces Rear, Side By Side |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | Two, Multi/Split |
| STYLE | Traditional |
| SUBDIVISION | Not Applicable |
| TAXES | 23183 |
| UTILITIES | Cable Available, Cable Connected, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Connected, Underground Utilities, Water Connected |
| VIEW | Yes |
| WATER | Public |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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Based on information from California Regional Multiple Listing Service, Inc. as of 3/17/26 5:31 PM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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