Active

127 W Cherry

Monrovia, CA 91016
Mark as Favorite
Bed 8

Bed

Bath 6

Bath

SqFt9,028

Sqft(Lot)

Turnkey Triplex + Permitted ADU in the Heart of Monrovia — 4 Income Units, Fully Remodeled. An exceptional income opportunity in one of the San Gabriel Valley's most desirable cities. This well-maintained four-unit property combines a spacious triplex with a permitted 2023 ADU, offering a strong unit mix and immediate rental upside. Extensively remodeled just three years ago, every unit shows beautifully with modern kitchens and bathrooms, new kitchen appliances, fresh and well-kept interior paint, dual-pane windows, and abundant natural light pouring through wide windows. The units: Front Unit (detached) — 2 bed / 1.5 bath, 993 sqft, a private standalone home offering added privacy and rental appeal. Middle Unit, Downstairs — 3 bed / 2 bath, 1,267 sqft, generous living space with a co mfortable, functional layout. Middle Unit, Upstairs — 3 bed / 2 bath, 1,295 sqft, bright and airy with the largest footprint of the group, featuring a remodeled balcony with new decking and waterproofing. ADU — 2 bed / 1 bath, 730 sqft, professionally converted from a garage with permits (built 2023), adding a fourth income stream and excellent value. Each triplex unit benefits from central AC and heat installed just three years ago and meticulously maintained, while the ADU is served by its own efficient mini-split system. New water heaters were also added three years ago — all part of the same quality remodel throughout, making this a genuinely turnkey asset with minimal deferred maintenance. Prime location: Everything is within easy reach, including quick access to the I-210 freeway, shopping centers, parks, schools, and a wide range of restaurants. Monrovia's charm, walkable Old Town, and strong rental demand make this an ideal hold for investors or owner-users looking to offset their mortgage. Ten bedrooms and seven bathrooms across roughly 4,285 square feet of living space — a rare, fully updated multi-unit offering that's ready to perform from day one. Don't miss this one.

Read More Expand

Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,880,000

AD Id : 88934624

MLS Id : TR26153225

Beds : 8

Lot Size : 9,028 Sqft

Year Built : 1947

County : Los Angeles

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Interior Features

    Appliances: Dishwasher, GasRange, WaterHeater
    Laundry Features: WasherHookup, GasDryerHookup
  • Heating & Cooling

    Has Cooling: Yes Cooling: CentralAir

  • Building Information

    Year Built: 1947
    Building Area Total: 4285
    Stories: 2
    Pool Features: None
    Private Pool: No

  • Lot Information

    Main Square Feet: 9028 Lot Size Acres: 0.2073 Lot Size Source: Assessor Lot Size Square Feet: 9,028 Lot Description: TwoToFiveUnitsAcre

  • Listing Price Information

    Listing Price: $1880000
    Original Price: $1788000
    Cash, CashToNewLoan, Conventional, Exchange1031

  • Tax Information

    Parcel Number: 8508010054 Tax Lot: 6

  • Location Information

    Direction: S Myrtle Ave and W Cherry Ave WaterSource: Public, SeeRemarks
Sell a home like this and save $112,301 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
821 Oakdale, Monrovia, CA, 91016 $998,000 3 3 --
710 E Greystone, Monrovia, CA, 91016 $1,088,000 3 2 1,568 1,568 SqFt
400 Prospect Avenue, Monrovia, CA, 91016 $2,050,000 6 4 4,208 4,208 SqFt
612 614 E Colorado Boul.., Monrovia, CA, 91016 $1,760,000 4 4 2,057 2,057 SqFt
612 614 E Colorado Boul.., Monrovia, CA, 91016 $1,760,000 4 4 --
163 May Avenue, Monrovia, CA, 91016 $1,288,000 4 3 --
163 May Avenue, Monrovia, CA, 91016 $1,288,000 4 3 2,200 2,200 SqFt
327 W Lemon Avenue, Monrovia, CA, 91016 $995,000 5 4 --
223 Montana, Monrovia, CA, 91016 $1,800,000 7 4 3,342 3,342 SqFt
203 Benrud Street, Monrovia, CA, 91016 $895,000 5 4 --

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/11/2026 @ 21:17

MLS: TR26153225 LISTED BY: King Lee, Dynasty Realty 626-336-6191 SOURCE: CRMLS

Homes around $1,880,000

Selling? Save $112,301 when you sell a home like this

Tour with a ByOwner Agent