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    203 Benrud St Monrovia, CA 91016

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    For Sale
    $985,000

    Triplex in Monrovia with potential for additional dwelling unit.

    Lot size:
    0.14 Acres

    Property Features for 203 Benrud St

    General Information

    Lot size
    0.14 Acres

    Building Details

    Year built
    1951

    Source: Keller Williams R. E. Services Agent Armen Simonian

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Monrovia Triplex Investment Opportunity

    This triplex presents an investment opportunity in Monrovia, located in an unincorporated area of Los Angeles County, within a quarter-mile radius of properties with values exceeding one million dollars. The front house, which faces Benrud Street, is a separate building featuring two bedrooms, one bathroom, and a private backyard. The back unit, numbered 203 1/2, also includes two bedrooms and one bathroom, and has been remodeled with a top patio suitable for entertainment. The converted garage unit offers one bedroom and two bathrooms. The upstairs unit features new designer vinyl flooring, new tile kitchen cabinets, a new sink and faucet with under-sink piping, and new paint throughout. It also includes a new vinyl window and a new A/C and heat pump in the living room. New water heaters and new electrical panels with new conduits serve all three units. Unit 203 B has been freshly painted and includes a newer stove and refrigerator installed in 2019, along with new tile flooring in the bathroom. There is potential for an Additional Dwelling Unit (ADU) on the corner lot. Please do not disturb the tenants.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Monrovia
    County
    Los Angeles
    State
    California
    Longitude
    -118.0010712
    Latitude
    34.1191509

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    FAQs

    What type of property is this?
    Triplex - Triplex in Monrovia with potential for additional dwelling unit.
    Where is this triplex located?
    The property is located at 203 Benrud St Monrovia, CA.
    What is the asking price?
    The asking price for this property is $985,000.
    What are key features of this property?
    This property features: - Triplex investment property in Monrovia (Unincorporated Los Angeles County).; - Located within 1/4 mile radius of million-dollar homes.; - Separate front house with **2 bedrooms, 1 bath, and private backyard.**
    (818) 432-3200
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    203 Benrud St Monrovia, CA 91016
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    Monrovia, CA 91016
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    203 Benrud St Monrovia, CA 91016
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