520 E Lime Avenue, Monrovia, CA 91016

$1,010,000
5
BD
3
BA
1,437
SqFt

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Sold Price
$1,010,000
List Price
$999,000
Closing Date
May 08, 2026
Status
CLOSED
MLS#
26666553
Year Built
1933
Bedrooms
5
Bathrooms
3
Living Sq. Ft
1,437
Lot Size
7,995
Acres
0.18
Days on Market
19
Property Type
Single Family Residential
Property Sub Type
Single Family Residence
Stories
One Level

Property Description

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.

Additional Information

Other Buildings
Shed(s)
Appliances
Dishwasher, Disposal, Refrigerator, Dryer, Washer
Pool Description
None
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
View
Mountain(s)
Attached Structure
Detached

Listing courtesy of Listing Agent: Raymond Wu (raymondwuestate@gmail.com) from Listing Office: Keller Williams Los Angeles.

Listing sold by RYAN RODRIGUEZ from NestnKey

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.