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California Regional Multiple Listing Service

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced 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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Home / Monrovia / 406 S 5th Avenue
406 S 5th Avenue Monrovia, CA 91016 406 S 5th Avenue Monrovia, CA 91016 406 S 5th Avenue Monrovia, CA 91016 406 S 5th Avenue Monrovia, CA 91016 406 S 5th Avenue Monrovia, CA 91016 406 S 5th Avenue Monrovia, CA 91016 406 S 5th Avenue Monrovia, CA 91016 406 S 5th Avenue Monrovia, CA 91016 406 S 5th Avenue Monrovia, CA 91016 406 S 5th Avenue Monrovia, CA 91016 406 S 5th Avenue Monrovia, CA 91016 406 S 5th Avenue Monrovia, CA 91016 406 S 5th Avenue Monrovia, CA 91016 406 S 5th Avenue Monrovia, CA 91016 406 S 5th Avenue Monrovia, CA 91016 406 S 5th Avenue Monrovia, CA 91016 406 S 5th Avenue Monrovia, CA 91016 406 S 5th Avenue Monrovia, CA 91016 406 S 5th Avenue Monrovia, CA 91016 406 S 5th Avenue Monrovia, CA 91016 406 S 5th Avenue Monrovia, CA 91016 406 S 5th Avenue Monrovia, CA 91016 406 S 5th Avenue Monrovia, CA 91016 406 S 5th Avenue Monrovia, CA 91016 406 S 5th Avenue Monrovia, CA 91016 406 S 5th Avenue Monrovia, CA 91016 406 S 5th Avenue Monrovia, CA 91016 406 S 5th Avenue Monrovia, CA 91016 406 S 5th Avenue Monrovia, CA 91016 406 S 5th Avenue Monrovia, CA 91016 406 S 5th Avenue Monrovia, CA 91016 406 S 5th Avenue Monrovia, CA 91016 406 S 5th Avenue Monrovia, CA 91016 406 S 5th Avenue Monrovia, CA 91016 406 S 5th Avenue Monrovia, CA 91016 406 S 5th Avenue Monrovia, CA 91016 406 S 5th Avenue Monrovia, CA 91016 406 S 5th Avenue Monrovia, CA 91016 406 S 5th Avenue Monrovia, CA 91016 406 S 5th Avenue Monrovia, CA 91016 406 S 5th Avenue Monrovia, CA 91016 406 S 5th Avenue Monrovia, CA 91016 406 S 5th Avenue Monrovia, CA 91016 View All Photos

$2,500,000

| Active

406 S 5th Avenue

Monrovia, CA 91016

0.26
Acres
78
Days on Market
AR26136583
MLS#
Multi-Family
Type
House
Structure
Residential
Zone
Contact
Listing OfficeCentury 21 Village Realty

Prime 6-Unit Investment Opportunity in Highly Desirable Location — NO CITY RENT CONTROL! Welcome to an exceptional, turnkey multi-family investment property situated in a highly sought-after neighborhood just North of Colorado Blvd and South of Foothill Blvd. Impeccably maintained and boasting a phenomenal rental history with 100% occupancy ("always rented"), this complex offers a rare combination of immediate cash flow and hassle-free management. The Unit Mix & Layout: Four (4) 2-Bedroom / 1-Bathroom Units: Approximately 650 sq. ft. each. These highly desirable, single-story ground-level units are attached in the front of the complex. They feature private rear patios. Two (2) 1-Bedroom / 1-Bathroom Units: Approximately 500 sq. ft. each. Quietly situated above the rear carport area. Extensive Modern Upgrades: Five of the six front units have undergone complete, high-end renovations designed to attract top-tier tenants. Upgrades in these units include: Climate & Efficiency: Central heat and air for year-round comfort (one unit features a window AC), plus energy-efficient tankless water heaters. Interior Finishes: Beautiful laminate flooring, recessed lighting, elegant crown molding, and modern ceiling fans. Gourmet Kitchens: Upgraded with sleek quartz countertops and premium stainless steel appliances (including refrigerator, range, and microwave). Luxury Baths: Thoughtfully remodeled featuring a shower-over-tub enclosed with a sleek glass door. Property Amenities: Parking: 6 covered carport spaces at the rear of the property (1 dedicated space per unit). Laundry: Convenient on-site, coin-operated laundry room equipped with 1 washer and 1 dryer (additional income stream). Location: Perfectly positioned close to premier shopping, vibrant dining options, and major thoroughfares. This is a true pride-of-ownership property in a fantastic area. With no city rent control and units consistently in high demand, this is a golden opportunity to add a high-performing asset to your real estate portfolio. PLEASE NOTE: DRIVE-BY ONLY. DO NOT DISTURB TENANTS UNDER ANY CIRCUMSTANCES.

Property Details
Interior
Ceiling Fans, Quartz Counters, Utility Room
Cooling
1
Heating
Central, Wall Furnace
Cooling Features
Central Air, Wall Window Units
View
City Lights,Mountains
Lot Features
Near Park, Near Public Transit
Stories
2
Lot Description
Near Park, Near Public Transit
Acres
0.26
Lot Size (sqft)
11320.0
Parking Features
Assigned, Carport
Parking Spaces
6.0
Parking Type
Carport
Parking Garage Spaces
0.0
Parking Carport Spaces
6.0
Property Type
Multi-Family
Property Subtype Additional
Apartment
Year Built
1948
Roof
Composition
Sewer Information
Unknown
Utility Source
See Remarks
Utility Features
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Appliances
Gas Range, Microwave, Tankless Water Heater
Community Features
Biking, Curbs, Street Lights, Suburban, Sidewalks, Park
County
Los Angeles
Region
Monrovia
Original List Price
$2,500,000
Days on Market (Cumulative)
78
Taxes Annual
$24,830
HOA Fees
0.0
MLS #
AR26136583
Location
Legal

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced 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

Provided By
Listed by Julie Bencosme (#A36182)
Listing Office: Century 21 Village Realty (#3312)

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