$2,500,000

406 S 5th Avenue, Monrovia, CA 91016

3 beds |
2 baths

Multi-Family Home
Built in ——
0.26acre lot
—— car garage
$——/sqft
Listed 8 days ago

Property Description

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

Listing Status:: Active
Date Added:: June 26, 2026
Data Last Updated:: July 5, 2026 at 1:11PM
Listing Office:: Century 21 Village Realty : 626-355-1451
Listing Agent:: Julie Bencosme : 626-202-8502
MLS ID:: AR26136583

A/C: Central Forced AirWall/Window

General: N/K
Pool: N/K

Roofing: Composition
General: Stucco2 Story

HOA Amenities: 0.0
Originating MLS: California Regional MLS
County: Los Angeles

Zoning: Assessor8505032026

Source: California Regional MLS

This listing courtesy of Julie Bencosme , Century 21 Village Realty

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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