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    Monrovia, CA Apartment Buildings for Sale

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    Arcadia, CA Duarte, CA Bradbury, CA
    Monrovia Apartment Building For Sale
    $2,695,000
    6,090 SF

    Monrovia Apartment Building For Sale

    516 Linwood Avenue, Monrovia, CA 91016

    Well-maintained Monrovia apartment building with central A/C and carport parking.

    • Central A/C in all units
    • Carport parking with storage cabinet (one space per unit)
    • Individual water heaters for each unit
    • Well‑maintained property under single ownership since 1954
    • Coin‑operated community laundry
    Updated: Nov 2, 2024
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    Monrovia Multifamily Investment Opportunity
    $7,600,000
    20,160 SF

    Monrovia Multifamily Investment Opportunity

    729 West Foothill Boulevard, Monrovia, CA 91016

    Well-maintained 32-unit apartment complex in Monrovia, California.

    • Favorable assumable debt at a 2.95% interest‑only rate until November 2030, offering immediate cash flow benefits.
    • Attractive 7.40% Cash‑on‑Cash return on current income, with potential to reach 10.03% on pro forma income with loan assumption.
    • Significant rental upside (16%) and operational improvement opportunities to increase Net Operating Income (NOI).
    • Pristinely maintained 32‑unit apartment complex with consistent high occupancy in a supply‑constrained submarket.
    • Desirable Monrovia location near major freeways (210, 605, 134, 10), excellent schools, and key amenities (shopping, dining, entertainment).
    Updated: Mar 25
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    Monrovia Multifamily Investment Opportunity
    $2,595,000
    4,400 SF

    Monrovia Multifamily Investment Opportunity

    100% occupied 8-unit property with value-add potential in Monrovia.

    624 W Foothill Blvd, Monrovia, CA 91016
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    Monrovia Multifamily Property For Sale
    $2,695,000

    Monrovia Multifamily Property For Sale

    Well-maintained multifamily property with central A/C and carport parking.

    516 Linwood Avenue, Monrovia, CA 91016
    View details
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 4 Active listings in Monrovia, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 68 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    El Monte Multi-Unit Investment Opportunity
    $1,650,000
    3,208 SF

    El Monte Multi-Unit Investment Opportunity

    Multi-unit property in El Monte with income potential.

    5227 Hammill Road, El Monte, CA 91732
    View details
    El Monte Multi-Unit Investment Opportunity
    $1,650,000
    0.62 Acres

    El Monte Multi-Unit Investment Opportunity

    Multi-unit property with income potential in a prime location.

    5227 Hammill Rd, El Monte, CA 91732
    View details
    Arcadia Turnkey Apartment Building
    $6,840,000
    10,108 SF

    Arcadia Turnkey Apartment Building

    15-unit apartment building in Arcadia School District with no rent control.

    521 E Live Oak Ave, Arcadia, CA 91006
    View details
    Arcadia New Construction Townhouses
    $6,343,000
    8,346 SF

    Arcadia New Construction Townhouses

    Five modern townhouses in a convenient Arcadia location.

    1228 Temple City Blvd, Arcadia, CA 91007
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    El Monte Development Opportunity
    $515,000
    7,422.00 Acres

    El Monte Development Opportunity

    R3-zoned lot ideal for multi-family residential development.

    2509 Floradale Avenue, El Monte, CA 91732
    View details
    Ready-to-Issue Affordable Housing Project
    $1,800,000
    0.26 Acres

    Ready-to-Issue Affordable Housing Project

    78-unit affordable housing project near Dodger Stadium and Mount Washington.

    3526 Arroyo Seco Ave, Los Angeles, CA 90065
    View details
    Development Opportunity with DTLA Views
    $799,000
    9,746.00 Acres

    Development Opportunity with DTLA Views

    Land with potential for up to 23 units.

    700 Lookout Dr, Los Angeles, CA 90012
    View details
    Silver Lake Affordable Housing Development
    $2,350,000
    0.18 Acres

    Silver Lake Affordable Housing Development

    Ready-to-Issue 54-unit affordable housing development opportunity in prime Silver Lake.

    1108 Manzanita St, Los Angeles, CA 90029
    View details

    Off-Market Properties in Monrovia, CA

    Consider similar Off-Market properties in Monrovia, CA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1835 Alta Vis Ave
    APARTMENT HOUSE (5+ UNITS)
    6,339 SF Lot: 0.34 Acres
    Value Estimation by Request

    1835 Alta Vis Ave, Monrovia, CA 91016-4779

    View details
    123 Cypress Ave
    APARTMENT HOUSE (5+ UNITS)
    5,280 SF Lot: 0.21 Acres
    Estimated value
    $1,060,000

    123 Cypress Ave, Monrovia, CA 91016-4154

    View details
    916 Duarte Rd
    APARTMENT HOUSE (5+ UNITS)
    6,626 SF Lot: 0.28 Acres
    Estimated value
    $2,335,000

    916 Duarte Rd, Monrovia, CA 91016-4300

    View details
    728 Foothill Blvd
    APARTMENT HOUSE (5+ UNITS)
    4,460 SF Lot: 0.27 Acres
    Estimated value
    $540,000

    728 Foothill Blvd, Monrovia, CA 91016-1902

    View details
    125 Olive Ave
    APARTMENT HOUSE (5+ UNITS)
    60,675 SF Lot: 1.44 Acres
    Value Estimation by Request

    125 Olive Ave, Monrovia, CA 91016-3401

    View details
    150 Colorado Blvd
    APARTMENT HOUSE (5+ UNITS)
    50,625 SF Lot: 0.39 Acres
    Value Estimation by Request

    150 Colorado Blvd, Monrovia, CA 91016-2866

    View details
    150 Colorado Blvd
    APARTMENT HOUSE (5+ UNITS)
    50,625 SF Lot: 0.88 Acres
    Value Estimation by Request

    150 Colorado Blvd, Monrovia, CA 91016-2866

    View details
    1232 Mayflower Ave
    APARTMENT HOUSE (5+ UNITS)
    4,716 SF Lot: 0.52 Acres
    Value Estimation by Request

    1232 Mayflower Ave, Monrovia, CA 91016-4071

    View details
    912 Genoa St
    APARTMENT HOUSE (5+ UNITS)
    9,096 SF Lot: 0.35 Acres
    Estimated value
    $3,315,000

    912 Genoa St, Monrovia, CA 91016-4374

    View details
    120 Violet Ave
    APARTMENT HOUSE (5+ UNITS)
    4,324 SF Lot: 0.23 Acres
    Estimated value
    $525,000

    120 Violet Ave, Monrovia, CA 91016-2687

    View details
    116 Violet Ave
    APARTMENT HOUSE (5+ UNITS)
    4,334 SF Lot: 0.23 Acres
    Estimated value
    $525,000

    116 Violet Ave, Monrovia, CA 91016-2686

    View details
    609 Foothill Blvd
    APARTMENT HOUSE (5+ UNITS)
    5,790 SF Lot: 0.21 Acres
    Estimated value
    $1,570,000

    609 Foothill Blvd, Monrovia, CA 91016-2037

    View details
    1720 5th Ave
    APARTMENT HOUSE (5+ UNITS)
    4,975 SF Lot: 0.44 Acres
    Estimated value
    $635,000

    1720 5th Ave, Monrovia, CA 91016-3808

    View details
    136 Cypress Ave
    APARTMENT HOUSE (5+ UNITS)
    4,093 SF Lot: 0.22 Acres
    Estimated value
    $770,000

    136 Cypress Ave, Monrovia, CA 91016-4163

    View details
    342 Olive Ave
    APARTMENT HOUSE (5+ UNITS)
    5,244 SF Lot: 0.37 Acres
    Estimated value
    $600,000

    342 Olive Ave, Monrovia, CA 91016-1184

    View details
    725 Duarte Rd
    APARTMENT HOUSE (5+ UNITS)
    15,280 SF Lot: 0.50 Acres
    Estimated value
    $4,375,000

    725 Duarte Rd, Monrovia, CA 91016-4334

    View details
    201 Myrtle Ave, Unit F
    APARTMENT HOUSE (5+ UNITS)
    9,450 SF Lot: 0.32 Acres
    Estimated value
    $710,000
    Unit F

    201 Myrtle Ave, Monrovia, CA 91016-2253

    View details
    443 Linwood Ave
    APARTMENT HOUSE (5+ UNITS)
    7,300 SF Lot: 0.44 Acres
    Estimated value
    $1,285,000

    443 Linwood Ave, Monrovia, CA 91016-6777

    View details
    765 Walnut Ave
    APARTMENT HOUSE (5+ UNITS)
    5,976 SF Lot: 0.23 Acres
    Estimated value
    $720,000

    765 Walnut Ave, Monrovia, CA 91016-3134

    View details
    428 Foothill Blvd
    APARTMENT HOUSE (5+ UNITS)
    5,140 SF Lot: 0.21 Acres
    Estimated value
    $895,000

    428 Foothill Blvd, Monrovia, CA 91016-2384

    View details

    Monrovia, CA Apartment Buildings Investment Opportunities Market Analysis

    Explore 72 apartment buildings for sale in Monrovia, CA, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 30,650 square feet of properties for sale, with an estimated market value of $12,890,000.

    Sale prices for two-family homes in Monrovia, CA start at $2,595,000, averaging $4,296,666, and reaching up to $7,600,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Property Size Breakdown

    The majority of commercial real estate listings in Monrovia fall within the 5,000 to 10,000 square foot range.

    Demographics Overview

    Population 42K
    Population Growth (5Y) +0.1%
    Median Household Income $99,555
    College Educated 30.7%

    High-Yield Neighborhoods for Investment

    Identify Monrovia submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    91016 $3.9M

    Taxes & Financing

    Tax Rate (average for all types) 1.41%
    Property Tax per SF $11.24 per sq ft
    Tax Rate vs County Average 0.17 pp above county avg
    Average Loan-to-Value 65.0%

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