Prime 6-Unit Investment Opportunity in Monrovia – Bordering Arcadia! When it comes to real estate, LOCATION is everything—and this 6-unit complex in the heart of Monrovia delivers on every front. Just minutes from Arcadia, this property sits in a highly desirable neighborhood surrounded by shopping, dining, schools, the Santa Anita Race Track, City of Hope, major freeways, and convenient transportation hubs. Each unit has 3 bedrooms, 2 bathrooms and spacious floorplans.
This is a rare opportunity to acquire an income-producing asset in one of the San Gabriel Valley’s most stable and sought-after rental markets.
Each unit is thoughtfully designed with central air & heat, in-unit laundry hookups, a fireplace, and an attached 2-car garage—a true luxury for tenants and a major boost for investor appeal. The property also features a concrete driveway, guest parking, and shared trash service. With strong rental demand and outstanding tenant amenities, this property offers both immediate cash flow and long-term growth potential.
Savvy investors take note — opportunities like this in Monrovia’s prime corridor rarely come to market!
Property Sub Type:
Apartment
Property Attached:
Yes
Lot Area:
12,160 sq. ft.1,130 m2
Bathrooms:
-
(Full:-, Half:-)
Year built:
1984
(Age: 41)
General Listing Location:
Monrovia, 639 - Monrovia
County Or Parish:
Los Angeles
Tenant Pays:
Electricity, Gas, Water
Common Interest:
Community Apartment
Gross Income:
$0
Gross Scheduled Income:
$122,400
Net Operating Income:
$105,860
Rent Control:
No
Total Actual Rent:
$122,400
Association Fee:
$0
Land Lease:
No
Electric Expense:
$0
Fuel Expense:
$0
Gardener expense:
2900.0
Insurance Expense:
$3,261
Operating Expense:
$16,540
Professional Management Expense:
$0
Trash Expense:
$10,379
Water and Sewer Expense:
$0
Tax Lot:
4
Duarte Rd./West of Mayflower and East of 6th Street