REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Julie Bencosme, DRE #01305364 • Century 21 Village Realty
$ 2,500,000
Est. payment /mo
Active
406 S 5th AVE Monrovia, CA 91016
0.26 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRAR26136583
Year Built 1948
Lot Size 0.260 Acres
Source California Regional MLS
Property Description
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 include: Climate & Efficiency: Central heat and air for year-round comfort (one unit features a window AC), plus energy-efficient tankless water heaters. Interior Finishes: Beautiful laminate flooring, recessed lighting, elegant crown molding, and modern ceiling fans. Gourmet Kitchens: Upgraded with sleek quartz coun
Location
State CA
County Los Angeles
Area 639 - Monrovia
Rooms
Kitchen Microwave, Oven Range - Gas
Interior
Heating Wall Furnace , Central Forced Air
Cooling Central AC, Window / Wall Unit
Laundry Washer/Dryer - Owned, Community Facility
Exterior
Parking Features Assigned Spaces, Carport
Garage Spaces 6.0
Pool 31, None
View Hills, City Lights
Roof Type Composition
Building
Sewer TBD
Water Other
Others
Tax ID 8505032026
Special Listing Condition Not Applicable
Copyright 2026 MLSListings Inc All rights reserved.