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    Turnkey 6-Unit Apartment Building Title is generated by Realmo AI

    406 S 5th Avenue, Monrovia, CA 91016

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    For Sale
    $2,500,000

    Apartment - Monrovia, CA

    Type:Apartment
    Property size:
    3,804 SF
    Lot size:
    11,320.00 Acres
    Price / SF:
    $657/SF
    Added:
    Jun 26, 2026
    Days on Market:
    1
    Last Refresh:
    Jun 26 at 8:06 pm

    Property Features for 406 S 5th Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Apartment
    Bedrooms
    3
    Bathrooms
    2
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Kitchen, Living Room, Utility Room
    Parking
    6
    Parking features
    Assigned, Carport
    Interior features
    Quartz Counters, Ceiling Fan(s), Carbon Monoxide Detector(s)
    Exterior features
    Fence, Community Features Included: Curbs, Biking, Street Lights, Sidewalks, Suburban, Near Public Transit, Park Nearby, Lot 10000-19999 Sqft
    Fencing
    Fenced
    Appliances
    Microwave, Range, Range - Gas
    Standard status
    Active
    APN
    8505032026
    Size
    3,804 SF
    Lot size
    11,320.00 Acres

    Utilities

    Heating system
    Central, Wall Furnace
    Cooling system
    Central Air, Multi Units, Wall/Window Unit(s), Window Unit(s)

    Building Details

    Year built
    1948
    Floors in Building
    2
    Number of units
    6
    Building materials
    Stucco
    Roof type
    Composition
    Architectural style
    Other

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    Julie Bencosme

    Listing agent Julie Bencosme License #01305364

    Listing office Century 21 Village Realty 38 W Sierra Madre Blvd Suite A, Sierra Madre, CA

    Listing date Jun 26, 2026

    MLS# AR26136583 Listing URL

    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.

    HighLights

    • 6‑unit multifamily property built in 1948 with a mix of four 2BD/1BA units and two 1BD/1BA units
    • Four 2BD/1BA units (approx. 650 SF each) are single‑story, ground‑level, with private rear patios
    • Two 1BD/1BA units (approx. 500 SF each) are positioned above the rear carport area
    • Renovations reported in five of six front units, including quartz countertops and premium stainless steel appliances
    • On‑site coin‑operated laundry room with 1 washer and 1 dryer, plus tankless water heaters (noted in renovated units)
    • Parking includes 6 covered carport spaces at the rear (1 per unit)

    Overview

    This turnkey 6-unit apartment building offers a mix of four ground-level 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units. The four attached front units are single-story with private rear patios, while the two 1-bedroom units are positioned above the rear carport area. Five of the six front units have been updated with modern finishes, including laminate flooring, recessed lighting, crown molding, and ceiling fans. Several kitchen and bath upgrades are included, with quartz countertops and stainless steel appliances in upgraded kitchens, and remodeled baths featuring shower-over-tub enclosures with glass doors. For comfort and efficiency, the property includes central heat and air (with one unit featuring window A/C) and energy-efficient tankless water heaters. On-site coin-operated laundry includes one washer and one dryer, and the building provides six covered carport spaces at the rear with one dedicated space per unit.

    The property is located at 406 S 5th Avenue in Monrovia, just north of Colorado Blvd and south of Foothill Blvd. Drive-by only is requested, and tenants must not be disturbed.

    For investors or owner-operators seeking an income-focused residential asset, this building presents an established unit mix with multiple renovated units, dedicated covered parking, and an on-site laundry room. The listing also notes no city rent control.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Monrovia
    County
    Los Angeles
    State
    California
    Longitude
    -118.0202384
    Latitude
    34.1473486

    FAQs

    What type of property is this?
    Apartment building - Turnkey six-unit property with renovated interiors, private patios, and on-site laundry with covered parking for each unit.
    Where is this apartment building located?
    The property is located at 406 S 5th Avenue Monrovia, CA.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: 6‑unit multifamily property built in 1948 with a mix of four 2BD/1BA units and two 1BD/1BA units; Four 2BD/1BA units (approx. 650 SF each) are single‑story, ground‑level, with private rear patios; Two 1BD/1BA units (approx. 500 SF each) are positioned above the rear carport area
    More about this property
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