406 S 5th Avenue, Monrovia, CA 91016

Monrovia
Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
406 S 5th Avenue,Monrovia, CA 91016
$2,500,000
  • - Beds
  • - Baths
  • 3,804 sq. ft.
  • Multi-family
  • Active
Listed by: julie bencosme, andy bencosme
Office: century 21 village realty626-355-1451
MLS#:AR26136583
Source:CRMLS

Price summary

  • Price:$2,500,000
  • Price per sq. ft.:$657.2

About this home

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...

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Home facts

  • Year built:1948
  • Listing ID #:AR26136583
  • Added:3 day(s) ago
  • Updated:June 29, 2026 at 10:49 AM

Rooms and interior

  • Kitchen Description:Gas Range, Microwave
  • Living area:3,804 sq. ft.

Heating and cooling

  • Cooling:Central Air, Wall Window Units
  • Heating:Central, Wall Furnance
  • Central air:Yes

Structure and exterior

  • Roof:Composition
  • Year built:1948
  • Building area:3,804 sq. ft.
  • Lot area:0.26 Acres
  • Lot Features:Near Park, Near Public Transit
  • Construction Materials:Stucco
  • Levels:2 Story

Utilities

  • Water:Water Connected
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$2,500,000
  • Price per sq. ft.:$657.2
  • Tax amount:$24,830

Features and amenities

  • Amenities:Carbon Monoxide (CO2) Detector, Ceiling Fans, Quartz Counters, Tankless Water Heater, Utility Room

Parking

  • Total parking spaces:6
  • Parking description:6 Carport Space(s), Assigned, Carport
  • Carport spaces:6
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