519 Los Angeles Avenue,Monrovia, CA 91016
Monrovia, CA 91016
Description
A well-maintained Monrovia duplex offering the rare combination of established income and room to shape its future. Tucked on a 6,202 SF lot, this two-unit property features two comfortable 2-bedroom, 1-bath residences with approximately 1,728 SF of total living space and two one-car garages. Both units are currently occupied on a month-to-month basis, providing $4,485 in combined monthly rental income. The simple, functional layout makes ownership and maintenance straightforward, while the flexible tenancy offers an opportunity to evaluate future leasing strategies over time. The existing garage areas also present potential for additional value, with any conversion or redevelopment subject to applicable regulations and buyer verification. Whether held as a long-term income property, repositioned over time, or explored for future owner-occupant use, 519 E Los Angeles Ave offers a solid foundation with options for what comes next.
Details
| MLS # | 26989413 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Year | 1957 |
| Days On Site | 43 |
| Listing Provided By | Compass | Ali Nahle |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 2 |
| SQ Feet | 1,728 |
| Garage | 2 |
| Story(s) | 1 |
| Units | 2 |
| Building(s) | 1 |
| Zoning | MORL* |
| Acreage | 0.14 |
| Property View | Yes |
Interior
| Cooling | Wall Window Units |
|---|---|
| Heating | Wall Furnace |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Appliances | Range, Refrigerator |
Exterior
| Roof | Composition, Shingle |
|---|---|
| Construction Materials | Stucco |
| Lot Features | Back Yard, Front Yard |
Parking
| Parking Features | Door Multi, Garage, On Street |
|---|---|
| Garage Yes / No | Yes |
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Monrovia |
| Zip Code | 91016 |
| Area | 639 Monrovia |
| Listing VS Median (in 91016) | |
Price: $850,000 low | high Med: $899,000 sqft: 1,728 low | high Med: 1,052 $ / sqft: $492 low | high Med: $869 On site: 43 low | high Med: 35.5 | |
Market Activity 91016
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Monrovia |
| Zip Code | 91016 |
| Area | 639 Monrovia |
| Listing VS Median (in 91016) | |
Price: $850,000 low | high Med: $899,000 sqft: 1,728 low | high Med: 1,052 $ / sqft: $492 low | high Med: $869 On site: 43 low | high Med: 35.5 | |
