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616 S 5th Avenue, Monrovia, CA 91016

Monrovia
Local realty services provided by:CENTURY 21 Lois Lauer Realty
616 S 5th Avenue,Monrovia, CA 91016
$1,280,000
  • 6 Beds
  • 3 Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: john swartz, jacqueline carroll
Office: compass310-230-5478
MLS#:26843347
Source:CRMLS

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Price summary

  • Price:$1,280,000

About this home

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 footprint is one of its most compelling attributes. The front house benefits from both a front yard and a rear yard area, offering a level of private outdoor space rarely found in multifamily product...

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Home facts

  • Year built:1948
  • Listing ID #:26843347
  • Added:100 day(s) ago
  • Updated:September 13, 2026 at 06:59 AM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:3
  • Kitchen Description:Refrigerator

Heating and cooling

  • Heating:Electric

Structure and exterior

  • Year built:1948
  • Levels:2 Story

Finances and disclosures

  • Price:$1,280,000

Features and amenities

  • Amenities:Ceiling Fans

Parking

  • Parking description:Door-Single, Garage
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