This charming Craftsman-style Monrovia duplex is back and better than ever. Since its last market appearance, the property has undergone extensive upgrades including: full re-wiring of the front house (with permits), a major sewer line replacement of the front and rear unit (with permits), foundational beam and support work approved by a licensed contractor.
***The property will be delivered with tenants in place.*** Both tenants are on month-to-month leases. Front house is paying $2175/mo and back unit is paying $1500/mo.
This opportunity is perfect for investors looking for a value-add deal in non-rent controlled Monrovia (State rent control may still apply), buyer to investigate. Don’t miss your chance at this upgraded and well-located income property just blocks from Downtown Monrovia!
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This is My PropertyThe income description goes here to explain
| List Price | $899,000 |
| Property Type | Duplex (2-units) |
| Usable Sqft | Unknown |
| Number of Stories | 1 stories |
| Parking Spots | 0 spots |
| Year Built | 1910 |
| Last Sold | September 10, 2025 |
| Sold Price | 850,000 |
| APN # | 8517015018 |
| MLS # | WS25068327 |
| Property ID | 321399053 |
| Lot Sqft | 6,541 |
| Zoning | MORM* |
| Total Units | 2 |
| Applicances | Dryer,Washer% |
| Date Updated | September 15, 2025 |
| Date Created | March 28, 2025 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | $3,675 | $0 |
| Net Income (Yr) | $ 27,370 |
| Cap Rate | 3.04% |
Shao Chen an agent of . Lic #01923629
© 2025 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of September 15, 2025 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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2708 Wilshire Blvd #197
Santa Monica, CA 90403
California #02062862
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT