$2,500,000

For Sale

A month ago

406 S 5Th Ave, Monrovia, CA

Name: 406 S 5Th Ave, For Sale in Monrovia - eXp Realty
Brand: Century 21 Village Realty
SKU: AR26136583
Price: 2500000 USD

Condo

MLS® AR26136583

0 Bed

0 Bath

6 Parking

Key Facts
Description
Map

Key Facts

Type Apartment

Levels Residential Income

Size -

Garage

HOA Fees

Taxes $24,830

Days Active 25

Approx. Age 1948

MLS® Number AR26136583

Property Address: 406 S 5th Ave, Monrovia, CA, 91016-2563

Average square foot calculated using Size range provided by listing agent.

Description

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 area. Extensive Modern Upgrades: Five of the six front units have undergone complete, high-end renovations designed to attract top-tier tenants. Upgrades in these units include: Climate & Efficiency: Central heat and air for year-round comfort (one unit features a window AC), plus energy-efficient tankless water heaters. Interior Finishes: Beautiful laminate flooring, recessed lighting, elegant crown molding, and modern ceiling fans. Gourmet Kitchens: Upgraded with sleek quartz countertops and premium stainless steel appliances (including refrigerator, range, and microwave). Luxury Baths: Thoughtfully remodeled featuring a shower-over-tub enclosed with a sleek glass door. Property Amenities: Parking: 6 covered carport spaces at the rear of the property (1 dedicated space per unit). Laundry: Convenient on-site, coin-operated laundry room equipped with 1 washer and 1 dryer (additional income stream). Location: Perfectly positioned close to premier shopping, vibrant dining options, and major thoroughfares. This is a true pride-of-ownership property in a fantastic area. With no city rent control and units consistently in high demand, this is a golden opportunity to add a high-performing asset to your real estate portfolio. PLEASE NOTE: DRIVE-BY ONLY. DO NOT DISTURB TENANTS UNDER ANY CIRCUMSTANCES.

MLS® NumberAR26136583

Locker

Ensuite Laundry

Balcony

Furnished

Laundry Level

Exposure

Exterior

Garage

Approx. Age1948

Stories2

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

HeatCentral, Wall Furnace

A/CCentral Air, Wall Window Units

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Jun 26, 2026List Date

$2,500,000List Price

Commute

Commute

Starting Address

Destination Address

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