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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Interior Features
Ceiling Fan(s), Quartz Counters, Utility RoomRoof: CompositionAppliances: Gas Range, Microwave, Tankless Water HeaterLaundry Features: Common Area -
Heating & Cooling
Has Heating: Yes Heating: Central, Wall Furnace Has Cooling: Yes Cooling: Central Air, Wall/Window Unit(s)
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Building Information
Year Built: 1948Building Area Total: 3804Construction Materials: StuccoStories: 2Pool Features: NonePrivate Pool: NoView: City Lights, Mountain(s)
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Lot Information
Main Square Feet: 11320 Lot Size Acres: 0.2599 Lot Size Source: Assessor Lot Size Square Feet: 11,320 Lot Description: Near Park,Near Public Transit
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Listing Price Information
Listing Price: $2500000Cash, Cash to New Loan, Conventional, Submit
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Tax Information
Parcel Number: 8505032026 Tax Lot: 19 Annual Tax: $24830
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Virtual Tour
Parking Information
Parking Total: 6 Assigned, Carport
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Utility Information
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected -
Location Information
Direction: S/Foothill Blvd N/Colorado Blvd E/Santa Anita WaterSource: See Remarks Security Features: Carbon Monoxide Detector(s),Smoke Detector(s)
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 416 Jeffries Avenue #59, Monrovia, CA, 91016 | $349,000 | 3 | 2 | 1,052 | 1,052 SqFt |
| 1062 Norumbega, Monrovia, CA, 91016 | $1,098,000 | 3 | 2 | 1,764 | 1,764 SqFt |
| 1317 Orange Avenue, Monrovia, CA, 91016 | $1,285,000 | 3 | 2 | 1,656 | 1,656 SqFt |
| 620 Terrado Drive, Monrovia, CA, 91016 | $1,598,500 | 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 | $1,398,000 | 4 | 3 | 2,676 | 2,676 SqFt |
| 310 Parkrose, Monrovia, CA, 91016 | $1,180,000 | 3 | 3 | 1,721 | 1,721 SqFt |
| 157 Madeline Drive, Monrovia, CA, 91016 | $1,120,000 | 3 | 2 | 1,394 | 1,394 SqFt |
| 108 S Mountain #A, Monrovia, CA, 91016 | $897,500 | 4 | 3 | 1,658 | 1,658 SqFt |
| 603 Parkrose, Monrovia, CA, 91016 | $1,420,000 | 3 | 2 | 2,121 | 2,121 SqFt |
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ByOwner last updated this listing 08/16/2026 @ 23:01
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