$2,500,000
About this home
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.
Facts & features
- Interior features
- Ceiling Fans, Quartz Counters, Utility Room
- Appliances
- Gas Range, Microwave, Tankless Water Heater
- Fireplace
- None
- Heating
- Central, Wall Furnace
- Cooling
- Central Air, Wall Window Units
- Laundry
- Common Area
- Levels
- Two
- Spa
- None
- Lot size
- 0.26 acres (11,320 sq ft)
- Pool
- None
- View
- City Lights, Mountains
- Year built
- 1948
- Parking
- Assigned, Carport
- Parking spaces
- 6
- Area
- 639 - Monrovia
- County
- Los Angeles
- Community features
- Biking, Curbs, Street Lights, Suburban, Sidewalks, Park
- Status
- Active
- Property type
- Apartment
- Days on market
- 12
- Listed
- 2026-06-26
- Terms
- Cash, Cash To New Loan, Conventional, Submit
- Parcel #
- 8505032026
- MLS #
- AR26136583
