Two-Unit Duplex with
519 Los Angeles Ave, Monrovia, CA 91016
For Sale
$850,000
Under Contract
Residential Income, Traditional, Monrovia, CA
Property Size1,728 SF
Lot Size0.14 Acres
Price / SF$491.90
Days on Market57
Property Features for 519 Los Angeles Ave
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking features
Appliances
Lot features
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Subdivision
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Size
Lot size
Additional Details
Tenant in Place
Utilities
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Water source
Building Details
Year built
Floors in Building
Number of units
Flooring type
Roof type
Architectural style
Listing Agency:
Compass
(626) 205-4040
Listed By:
Ali Nahle · License CA #01988178
(818) 987-6490
Added: Sep 19
Changed: Oct 30
Last Checked: Nov 14 at 4:06AM
MLS# 26989413
Copyright © 2026 The MLS/CLAW. 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.
Built in 1957, this duplex includes two separate 2-bedroom, 1-bath residences with approximately 1,728 square feet of combined living area. Each unit is paired with a one-car garage, and the property also provides on-street parking. Interior finishes include carpet, laminate, and tile flooring, with wall or window cooling units and range appliances. Public water serves the property.
The improvements sit on a 6,202-square-foot lot in Monrovia. Both residences are currently occupied on a month-to-month basis, creating an established rental arrangement while leaving future leasing decisions flexible. The property is identified with MORL* zoning, and the existing two-unit configuration provides a straightforward residential income layout.
The improvements sit on a 6,202-square-foot lot in Monrovia. Both residences are currently occupied on a month-to-month basis, creating an established rental arrangement while leaving future leasing decisions flexible. The property is identified with MORL* zoning, and the existing two-unit configuration provides a straightforward residential income layout.
Key Highlights
- Two 2‑bedroom, 1‑bath residences
- Approximately 1,728 SF of combined living space
- 6,202‑square‑foot lot in Monrovia
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,177
Cap Rate
3.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$603,540
$603.5K
Cap Rate 7%
$431,100
$431.1K
Cap Rate 9%
$335,300
$335.3K
Market Conditions
NOI Build-Up for 1,728 SF
Gross rent
$46.7K $27.00/SF
− Vacancy
−$3.5K −$2.05/SF
EGI
$43.1K $24.95/SF
− OpEx
−$12.9K −$7.48/SF
NOI
$30.2K $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%
$603,540
Cap Rate 7%
$431,100
Cap Rate 9%
$335,300
Alternative Uses
Best Use
Multifamily LT 5
$431.1K
$377.2K – $503.0K
NOI $30,177 @ 7.0% cap · market cap 3.55%
Second Best
Apartment 5plus
$397.2K
$347.6K – $463.4K
NOI $27,805 @ 7.0% cap · market cap 3.27%
Theoretical Best
Office A
$925.2K
$809.5K – $1.08M
NOI $64,762 @ 7.0% cap · market cap 7.62%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,749
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 - Both residences are occupied under month-to-month tenancies, supporting flexible rental management.
Where is this duplex located?
The property is located at 519 Los Angeles Ave Monrovia, CA.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Two 2‑bedroom, 1‑bath residences; Approximately 1,728 SF of combined living space; 6,202‑square‑foot lot in Monrovia
