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    604 E Lemon Ave Monrovia, CA 91016

    For Sale
    $950,000

    Rare duplex in a desirable Monrovia neighborhood, ideal for investment.

    Lot size:
    0.18 Acres

    Property Features for 604 E Lemon Ave

    General Information

    Lot size
    0.18 Acres

    Building Details

    Year built
    1912

    Source: Casa Bella Realty Group Agent Elma Pulido

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

    Overview

    Monrovia Duplex Opportunity

    This duplex is located in a quiet, tree-lined neighborhood in Monrovia, minutes from Old Town Monrovia, parks, and schools. The property features two freestanding homes on one lot, with no shared walls. This arrangement offers the feel of two single-family residences. This property is suitable for multi-generational living, rental income, or investment.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Monrovia
    County
    Los Angeles
    State
    California
    Longitude
    -117.9918521
    Latitude
    34.1467968

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    FAQs

    What type of property is this?
    Duplex - Rare duplex in a desirable Monrovia neighborhood, ideal for investment.
    Where is this duplex located?
    The property is located at 604 E Lemon Ave Monrovia, CA.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: - Exceptionally located in a quiet, charming, tree-lined Monrovia neighborhood.; - Rare 2-on-a-lot duplex offering privacy and potential.; - Freestanding homes with no shared walls, feeling like two single-family residences.
    (310) 675-2999
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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
    604 E Lemon Ave Monrovia, CA 91016
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