519 Los Angeles Avenue, Monrovia, CA 91016
- $950,000
- 4
- BD
- 2
- BA
- 1,728
- SqFt
- List Price
- $950,000
- Status
- ACTIVE
- MLS#
- 26989413
- Year Built
- 1957
- Bedrooms
- 4
- Bathrooms
- 2
- Living Sq. Ft
- 1,728
- Lot Size
- 6,204
- Acres
- 0.14
- Lot Location
- Back Yard, Front Yard
- Days on Market
- 0
- Property Type
- Multifamily
- Style
- Traditional
- Stories
- One Level
Property Description
A well-maintained Monrovia duplex offering the rare combination of established income and room to shape its future. Tucked on a 6,202 SF lot, this two-unit property features two comfortable 2-bedroom, 1-bath residences with approximately 1,728 SF of total living space and two one-car garages. Both units are currently occupied on a month-to-month basis, providing $4,485 in combined monthly rental income. The simple, functional layout makes ownership and maintenance straightforward, while the flexible tenancy offers an opportunity to evaluate future leasing strategies over time. The existing garage areas also present potential for additional value, with any conversion or redevelopment subject to applicable regulations and buyer verification. Whether held as a long-term income property, repositioned over time, or explored for future owner-occupant use, 519 E Los Angeles Ave offers a solid foundation with options for what comes next.
Additional Information
- Appliances
- Range, Refrigerator
- Pool Description
- None
- Heat
- Wall Furnace
- Cooling
- Yes
- Cooling Description
- Wall/Window Unit(s)
- View
- Mountain(s)
- Exterior Construction
- Stucco
- Roof
- Composition, Shingle
- Garage Spaces Total
- 2
- Attached Structure
- Detached
- Number Of Units Total
- 2
Listing courtesy of Listing Agent: Ali Nahle (alex.nahle@compass.com) from Listing Office: Compass.
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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.