616 S 5th Avenue
Monrovia, CA 91016
6
Bed
0
Bath
2,522Sqft
8,295Sqft(Lot)
616 S 5th Avenue in Monrovia, CA. The property is a well-positioned three-unit multifamily asset in the heart of Monrovia, one of the San Gabriel Valley's most resilient and supply-constrained rental markets. Built in 1948, the property sits on a generous 8,294 square foot lot with 2,522 square feet of building area, offering a spacious, low-density configuration that is increasingly rare in today's market. The property is subject to AB-1482 however, it is not subject to any local rent control. Under AB-1482, ownership can raise rents 8.7% within 30 days of close bringing the GRM to 16.7. The unit mix consists of two two-bedroom/one-bath apartments and one two-bedroom/one-bath standalone house, creating a diverse and appealing offering for a broad range of tenants. The property's physical
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 6Bathroom Information
Total Baths: 3 -
Interior Features
Ceiling Fan(s)Appliances: Refrigerator -
Heating & Cooling
Has Heating: Yes Heating: Electric Cooling: None
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Building Information
Year Built: 1948Building Area Total: 2522Stories: 2Private Pool: No
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Lot Information
Main Square Feet: 8295 Lot Size Acres: 0.1904 Lot Size Square Feet: 8,295
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Listing Price Information
Listing Price: $1375000Original Price: $1350000
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Tax Information
Parcel Number: 8506025016
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Virtual Tour
Parking Information
Door-Single, Garage
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Location Information
Direction: Located on South 5th Ave between W Olive Ave and W Colorado Blvd.
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 |
| 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 |
| 601 Hacienda, Monrovia, CA, 91016 | $929,000 | 4 | 2 | 1,284 | 1,284 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 |
| 373 Norumbega, Monrovia, CA, 91016 | $820,000 | 2 | 1 | 1,129 | 1,129 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 |
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ByOwner last updated this listing 07/22/2026 @ 14:34
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