519 Los Angeles Ave, Monrovia, CA 91016
- $950,000
- 4
- BD
- 2
- BA
- 1,728
- SqFt
Courtesy of Compass, Ali Nahle - CA DRE#01988178
- List Price
- $950,000
- MLS#
- 26989413
- Year Built
- 1957
- Bedrooms
- 4
- Bathrooms
- 2
- Living Sq. Ft
- 1,728
- Lot Size
- 6,204
- Lot Location
- Near Public Transit
- Days on Market
- 3
- Property Type
- Multifamily
- Property Type
- Multifamily
- Style
- Traditional
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
- Lot Description
- Front Yard, Back Yard, Street Paved
- Other Buildings
- None
- Pool Description
- None
- Heat
- Wall
- Cooling
- Wall/Window, Wall Unit(s)
- View
- Mountains
- Exterior Construction
- Stucco
- Number of Cars in Garage
- Garage - 2 Car, On street
- Garage Spaces Total
- 2
- Water
- Public
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