Duplex Property with Private
203 Benrud Street, Monrovia, CA 91016
For Sale
New
$699,900
Monrovia, CA
Property Size1,588 SF
Lot Size0.14 Acres
Price / SF$440.74
Days on Market1
Property Features for 203 Benrud Street
General Information
Property type
Property subtype
Zoning
Rooms
Parking
Lot features
Elementary school district
Middle school district
High school district
Directions
Subdivision
Standard status
APN
Size
Lot size
Utilities
Sewer type
Water source
Building Details
Year built
Floors in Building
Number of units
Listing Agency:
Keller Williams R. E. Services · Keller Williams Realty
(818) 432-3200
Listed By:
Armen Simonian · License CA #00931297
(818) 388-4468
Added: Nov 14
Last Checked: Nov 14 at 9:06PM
MLS# GD26243925
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
On a 0.1388-acre lot, this 1,588-square-foot duplex property was built in 1951 and is being sold in as-is condition. The front house is a separate 2-bedroom, 1-bath building with a side yard, private garage, and driveway. A separate rear building is described as a 2-bedroom, 1-bath unit; it has been remodeled but lacks final permits as a unit in city records. A garage conversion is also described as a 1-bedroom, 2-bath unit and has no city permits. Tax assessor records show two units, while the property description identifies these additional spaces.
The property is vacant. All spaces share one gas meter, one electrical meter, and one water meter. Recent work in the upstairs unit includes vinyl flooring, kitchen cabinetry, a sink and faucet with under-sink piping, interior paint, and a vinyl living-room window. New water heaters and electrical panels serving all three units, along with new conduits, are also noted. Public water and public sewer serve the property.
The property is vacant. All spaces share one gas meter, one electrical meter, and one water meter. Recent work in the upstairs unit includes vinyl flooring, kitchen cabinetry, a sink and faucet with under-sink piping, interior paint, and a vinyl living-room window. New water heaters and electrical panels serving all three units, along with new conduits, are also noted. Public water and public sewer serve the property.
Key Highlights
- Vacant duplex property on a 0.1388‑acre lot
- 1,588 square feet; built in 1951
- Separate front house has 2 bedrooms, 1 bath, a side yard, private garage, and driveway
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,732
Cap Rate
3.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$554,640
$554.6K
Cap Rate 7%
$396,171
$396.2K
Cap Rate 9%
$308,133
$308.1K
Market Conditions
NOI Build-Up for 1,588 SF
Gross rent
$42.9K $27.00/SF
− Vacancy
−$3.3K −$2.05/SF
EGI
$39.6K $24.95/SF
− OpEx
−$11.9K −$7.48/SF
NOI
$27.7K $17.46/SF
Area
Los Angeles County, CA
Vacancy
7.60%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$554,640
Cap Rate 7%
$396,171
Cap Rate 9%
$308,133
Alternative Uses
Best Use
Multifamily LT 5
$396.2K
$346.7K – $462.2K
NOI $27,732 @ 7.0% cap · market cap 3.96%
Second Best
Apartment 5plus
$365.0K
$319.4K – $425.9K
NOI $25,552 @ 7.0% cap · market cap 3.65%
Theoretical Best
Office A
$850.2K
$743.9K – $991.9K
NOI $59,515 @ 7.0% cap · market cap 8.50%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
3
Residential units
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
320
Businesses Nearby
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Business Placement
Demographics for 91016, CA
41,852
Population
16,171
Households
2.6
Avg Household Size
41
Median Age
44%
College-Educated
90%
High-School Grad
8.5 sq mi
ZIP Area
4,924
Density / Sq Mi
$99,555
Median Household Income
$51,120
Median Earnings
$2,008
Median Rent
$874,100
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Los Angeles County, CA
Properties on Market for Duplexes in Los Angeles County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - The vacant property has separate front and rear buildings, with shared water, gas, and electrical meters.
Where is this duplex located?
The property is located at 203 Benrud Street Monrovia, CA.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: Vacant duplex property on a 0.1388‑acre lot; 1,588 square feet; built in 1951; Separate front house has 2 bedrooms, 1 bath, a side yard, private garage, and driveway
