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916 W Duarte Monrovia, CA 91016
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Key Details
Sold Price $2,475,000
Property Type Residential Income
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CV25241288
Year Built 1984
Property Sub-Type Apartment
Property Description
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, most with a fireplace, balcony & enclosed patio. Each unit has 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!
Location
State CA
County Los Angeles
Area 639 - Monrovia
Interior
Heating Central
Cooling Central Air
Fireplaces Type Living Room
Laundry Inside
Exterior
Parking Features Assigned
Garage Spaces 12.0
Garage Description 12.0
Pool None
Community Features Suburban, Sidewalks
Building
Lot Description 0-1 Unit/Acre
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Contract
Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Contract
Special Listing Condition Standard
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Bought with Stacy Dover KALEO REAL ESTATE COMPANY
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