406 S 5th Avenue
Monrovia, CA 91016
0
Bed
0
Bath
3,804Sqft
11,320Sqft(Lot)
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
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Water/Sewer
Water Source: See Remarks Sewer: Unknown -
Interior Features
Roof: Composition Interior Features: Ceiling Fan(s),Quartz Counters,Utility Room Property Appliances: Gas Range,Microwave,Tankless Water Heater Fireplace: None -
Cooling Features
Central Air,Wall/Window Unit(s) Air ConditioningHeating Source
Central,Wall Furnace Has HeatingFireplace
Fireplace Features: None Has Fireplace: 0
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Building Information
Year Built: 1948 Building Area Total: 3,804 Construction: Stucco Roof: Composition -
Security Features
Carbon Monoxide Detector(s),Smoke Detector(s) -
Pool Features
NoneLaundry Features
Common AreaFencing
Wood
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.2599 -
Lot Size Source: Assessor Lot Size Square Feet: 11320
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Listing Price Information
Original List Price: 2,500,000 Listing Contract Date: 2026-06-26 -
Lease Information
Listing Agreement: Exclusive Right To Sell
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Tax Information
Parcel Number: 8505032026 Annual Tax: 24830
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Garage and Parking
Garage Description: Assigned,CarportHomeowners Association
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Rental Info
Lease Term: Negotiable Tenant Pays: Electricity,Gas
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Other Property Info
Source Listing Status: Active Source Neighborhood: 639 - Monrovia Directions: S/Foothill Blvd N/Colorado Blvd E/Santa Anita Source Property Type: Residential Income Area: 639 - Monrovia Property SubType: Apartment -
Building and Construction
Property Age: 78 Common Walls: 1 Common Wall,No One Above,No One Below Property Condition: Turnkey Structure Type: Apartment Year Built Source: Assessor Entry Level: 1 Entry Location: Living Room Property Attached: Yes Levels or Stories: Two Building Total Stories: 2
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 620 Terrado Drive, Monrovia, CA, 91016 | $1,648,500 | 3 | 3 | 2,281 | 2,281 SqFt |
| 771 Norumbega Drive, Monrovia, CA, 91016 | $1,698,000 | 3 | 2 | 2,489 | 2,489 SqFt |
| 785 Norumbega Drive, Monrovia, CA, 91016 | $1,450,000 | 4 | 2 | 2,676 | 2,676 SqFt |
| 157 Madeline Drive, Monrovia, CA, 91016 | $1,160,000 | 3 | 2 | 1,394 | 1,394 SqFt |
| 108 S Mountain #A, Monrovia, CA, 91016 | $910,000 | 4 | 1 | 1,658 | 1,658 SqFt |
| 1035 #47 E Huntington Dr., Monrovia, CA, 91016 | $182,000 | 2 | 2 | 1,140 | 1,140 SqFt |
| 824 Ocean View Avenue, Monrovia, CA, 91016 | $1,828,000 | 4 | 3 | 3,279 | 3,279 SqFt |
| 845 Oakdale, Monrovia, CA, 91016 | $1,099,900 | 3 | 2 | 1,278 | 1,278 SqFt |
| 890 Ridgeside Drive, Monrovia, CA, 91016 | $1,200,000 | 2 | 2 | 1,374 | 1,374 SqFt |
| 846 Oakdale Avenue, Monrovia, CA, 91016 | $955,000 | 3 | 1 | 1,030 | 1,030 SqFt |
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ByOwner last updated this listing 06/28/2026 @ 13:43
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