916 W Duarte, Monrovia, CA 91016
- $2,475,000
- Sold Price
- $2,475,000
- List Price
- $2,200,000
- Closing Date
- Dec 08, 2025
- Status
- CLOSED
- MLS#
- CV25241288
- Year Built
- 1984
- Lot Size
- 12,160
- Acres
- 0.28
- Lot Location
- 0-1 Unit/Acre
- Days on Market
- 9
- Property Type
- Multifamily
- Property Sub Type
- Apartment
- Stories
- Two Levels
Property Description
Prime 6-Unit Investment Opportunity in Monrovia – Bordering Arcadia! When it comes to real estate, LOCATION is everything—and this 6-unit complex in the heart of Monrovia delivers on every front. Just minutes from Arcadia, this property sits in a highly desirable neighborhood surrounded by shopping, dining, schools, the Santa Anita Race Track, City of Hope, major freeways, and convenient transportation hubs. Each unit has 3 bedrooms, 2 bathrooms and spacious floorplans. This is a rare opportunity to acquire an income-producing asset in one of the San Gabriel Valley’s most stable and sought-after rental markets. Each unit is thoughtfully designed with central air & heat, in-unit laundry hookups, most with a fireplace, balcony & enclosed patio. Each unit has an attached 2-car garage—a true luxury for tenants and a major boost for investor appeal. The property also features a concrete driveway, guest parking, and shared trash service. With strong rental demand and outstanding tenant amenities, this property offers both immediate cash flow and long-term growth potential. Savvy investors take note — opportunities like this in Monrovia’s prime corridor rarely come to market!
Additional Information
- Pool Description
- None
- Fireplace Description
- Living Room
- Heat
- Central
- Cooling
- Yes
- Cooling Description
- Central Air
- Garage Spaces Total
- 12
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 6
- Gross Scheduled Income
- $126,000
- Operating Expense
- 16540
Listing courtesy of Listing Agent: Stacy Dover (realtorstacydover@gmail.com) from Listing Office: KALEO REAL ESTATE COMPANY.
Listing sold by Stacy Dover from KALEO REAL ESTATE COMPANY
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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.