616 South 5th Avenue, Monrovia, CA 91016

Built in 1948, this three-unit multifamily property includes two two-bedroom/one-bath apartments and one two-bedroom/one-bath standalone house. The layout is low-density and emphasizes tenant privacy, with the front house offering both a front yard and a rear yard area, while the two rear units each have their own private patio spaces. All three units include washer/dryer hookups, and on-site garages provide additional storage for tenants.

The property is located in Monrovia’s established residential core. It offers convenient access to major employment corridors across the San Gabriel Valley and the greater Los Angeles basin, with the 210 Freeway nearby and the Monrovia Gold Line Station providing a car-free commute option into Pasadena and beyond. The property is subject to AB-1482, and it is not subject to any local rent control.

Tenants are responsible for electricity and gas, helping keep landlord utility exposure limited to water, trash, and gardening. The on-site garage structures may present value through potential conversion into Accessory Dwelling Units (ADUs), subject to City of Monrovia approval and applicable building requirements, with the conversion feasibility and permitting to be confirmed through independent due diligence with the City and a qualified contractor.