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    Monrovia, CA Multifamily Properties for Sale

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    15 properties
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    Triplex Income Property
    Updated: Jun 24
    Triplex Income Property

    203 Benrud Street, Monrovia, CA 91016

    $895,000
    0.14 AC lot
    Built in 1951
    Public water service
    Public sewer connection
    Includes 5 bedrooms: Bedroom 1 through Bedroom 5
    Includes 4 bathrooms: Bathroom 1 through Bathroom 4
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    Residential Duplex For Sale
    Updated: Jun 22
    Residential Duplex For Sale

    518 King, Monrovia, CA 91016

    Contact for pricing
    550 sqft 0.03 AC lot
    Year built 1923 with wood siding frame construction
    Open floorplan with Formica counters and ceiling fans
    Kitchen includes built‑in range, gas range, refrigerator, disposal, range hood, and vented exhaust fan
    Heating by wall furnace and cooling with window/wall unit(s)
    Flooring options include wood, tile, vinyl, and laminate
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    Triplex Investment Property
    Triplex Investment Property

    210 Encinitas Ave, Monrovia, CA 91016

    Contact for pricing
    1,000 sqft 0.15 AC lot

    For sale triplex on a 0.1466-acre lot in Monrovia, CA with 1,000 square feet of total building area.

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    Three-Unit Multifamily with Private Patios
    Three-Unit Multifamily with Private Patios

    616 South 5th Avenue, Monrovia, CA 91016

    $1,375,000
    2,522 sqft 0.19 AC lot

    Three-unit multifamily offering private outdoor space, washer/dryer hookups, and on-site garages with potential for ADU conversion.

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    Quadplex Residential Income Property
    Quadplex Residential Income Property

    630 W Foothill, Monrovia, CA 91016

    $1,250,000
    0.17 AC lot

    For sale quadplex residential income property at 630 W Foothill in Monrovia, CA 91016.

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    Craftsman Triplex for Sale
    Craftsman Triplex for Sale

    709 S Magnolia, Monrovia, CA 91016

    $1,200,000
    0.19 AC lot

    Craftsman-style triplex offered for sale at 709 S Magnolia in Monrovia, zoned MORM.

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    Duplex with Private Patios
    Duplex with Private Patios

    223 N Mountain, Monrovia, CA 91016

    $974,000
    0.14 AC lot

    Duplex for sale with two two-bedroom units, each with a full bathroom and private outdoor patio.

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    Single-Story Courtyard Triplex
    Single-Story Courtyard Triplex

    814 S Mayflower Avenue, Monrovia, CA 91016

    $1,275,000
    2,447 sqft 0.16 AC lot

    Three separate 2-bedroom/1-bath units with individual garages and laundry hookups in a move-in-ready courtyard setting.

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    Monrovia Multifamily Investment Opportunity
    Monrovia Multifamily Investment Opportunity

    729 West Foothill Boulevard, Monrovia, CA 91016

    $7,600,000
    20,160 sqft 1.03 AC lot

    Well-maintained 32-unit apartment complex in Monrovia, California.

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    Fourplex Residential Income Property
    Fourplex Residential Income Property

    322-324 S Lincoln Place, Monrovia, CA 91016

    $1,580,000
    3,120 sqft

    Well-maintained 1954 four-plex arranged as two buildings with private outdoor space and dedicated unit storage.

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    Single-Story Fourplex with Garages
    Single-Story Fourplex with Garages

    624 W Foothill, Monrovia, CA 91016

    $1,200,000
    2,200 sqft

    Fully occupied fourplex with four identical one-bedroom units, each with a dedicated parking setup and recent exterior improvements.

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    Single-Story Fourplex with Laundry
    Single-Story Fourplex with Laundry

    630 W Foothill, Monrovia, CA 91016

    $1,250,000
    550 sqft

    Four identical one-bedroom units with coin-operated laundry and garages, suited for low-maintenance ownership in Monrovia.

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    Monrovia Triplex Near Old Town
    Monrovia Triplex Near Old Town

    709 S Magnolia, Monrovia, CA 91016

    $1,200,000
    1,909 sqft 0.19 AC lot

    Triplex in Monrovia near amenities and transportation.

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    Mixed-Use Building with 41 Units
    Mixed-Use Building with 41 Units

    501 S Myrtle Ave, Monrovia, CA 91016

    $3,900,000

    Three-level mixed-use building with 41 units, offering multiple income streams for investors or owner-operators.

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    Monrovia Duplex Near Old Town
    Monrovia Duplex Near Old Town

    526 E Olive Avenue, Monrovia, CA 91016

    $1,350,000

    Duplex in Monrovia near Old Town, shops, and dining.

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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 15 Active listings in Monrovia, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 57 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Triplex Residential Income Property
    Triplex Residential Income Property

    126 E Highland, Sierra Madre, CA 91024

    $1,420,000
    0.17 AC lot

    For sale triplex in Sierra Madre, offering a residential income setup on a compact lot in Los Angeles County.

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    Multifamily Property with CUP Zoning
    Multifamily Property with CUP Zoning

    487 Sturtevant Drive, Sierra Madre, CA 91024

    Contact for pricing
    660 sqft 0.06 AC lot

    Multifamily income property offered for sale on a small lot, zoned SRR1-CUP*.

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    Arcadia Triplex: Prime Investment Opportunity
    Arcadia Triplex: Prime Investment Opportunity

    154 Diamond, Arcadia, CA 91006

    $2,380,000

    Well-maintained triplex in Arcadia's desirable neighborhood, offering stable income.

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    Arcadia Quadruplex Investment Opportunity
    Arcadia Quadruplex Investment Opportunity

    135 Diamond Street, Arcadia, CA 91006

    $2,498,000

    Four-unit property near Arcadia High School with strong cash flow.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Development Opportunity with DTLA Views
    Development Opportunity with DTLA Views

    700 Lookout Dr, Los Angeles, CA 90012

    $799,000
    0.22 AC lot

    Land with potential for up to 23 units.

    View details
    Vacant Land Near Hansen Dam
    Vacant Land Near Hansen Dam

    11819 Kagel Cyn, Los Angeles, CA 91342

    $3,500,000
    6.95 AC lot

    6.95 acres of vacant land near major freeways.

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    Lancaster Land Ready to Develop
    Lancaster Land Ready to Develop

    101 E Avenue J6, Lancaster, CA 93535

    $34,000
    5.08 AC lot

    Flat, Joshua tree-free land in Lancaster, ready for development.

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    Lancaster Corner Lot Investment Opportunity
    Lancaster Corner Lot Investment Opportunity

    Newgrove Street, Lancaster, CA 93534

    $350,000
    0.17 AC lot

    0.17-acre corner lot in Lancaster with development potential.

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    Off-Market Properties in Monrovia, CA

    Consider similar Off-Market properties in Monrovia, CA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1835 Alta Vis Ave
    APARTMENT HOUSE (5+ UNITS)

    1835 Alta Vis Ave, Monrovia, CA 91016-4779

    Value Estimation by Request
    6,339 sqft 0.34 AC lot
    View details
    123 Cypress Ave
    APARTMENT HOUSE (5+ UNITS)

    123 Cypress Ave, Monrovia, CA 91016-4154

    $1,060,000
    Estimated value
    5,280 sqft 0.21 AC lot
    View details
    916 Duarte Rd
    APARTMENT HOUSE (5+ UNITS)

    916 Duarte Rd, Monrovia, CA 91016-4300

    $2,335,000
    Estimated value
    6,626 sqft 0.28 AC lot
    View details
    728 Foothill Blvd
    APARTMENT HOUSE (5+ UNITS)

    728 Foothill Blvd, Monrovia, CA 91016-1902

    $540,000
    Estimated value
    4,460 sqft 0.27 AC lot
    View details
    125 Olive Ave
    APARTMENT HOUSE (5+ UNITS)

    125 Olive Ave, Monrovia, CA 91016-3401

    Value Estimation by Request
    60,675 sqft 1.44 AC lot
    View details
    150 Colorado Blvd
    APARTMENT HOUSE (5+ UNITS)

    150 Colorado Blvd, Monrovia, CA 91016-2866

    Value Estimation by Request
    50,625 sqft 0.39 AC lot
    View details
    150 Colorado Blvd
    APARTMENT HOUSE (5+ UNITS)

    150 Colorado Blvd, Monrovia, CA 91016-2866

    Value Estimation by Request
    50,625 sqft 0.88 AC lot
    View details
    1232 Mayflower Ave
    APARTMENT HOUSE (5+ UNITS)

    1232 Mayflower Ave, Monrovia, CA 91016-4071

    Value Estimation by Request
    4,716 sqft 0.52 AC lot
    View details
    912 Genoa St
    APARTMENT HOUSE (5+ UNITS)

    912 Genoa St, Monrovia, CA 91016-4374

    $3,315,000
    Estimated value
    9,096 sqft 0.35 AC lot
    View details

    Monrovia, CA Multifamily Properties Market Trends and Statistics

    Explore 72 multifamily properties for sale in Monrovia, CA, showcased through 15 active listings on our real estate platform. These investment opportunities span a total of 34,347 square feet of properties for sale, with an estimated market value of $16,798,000.

    Sale prices for multifamily properties in Monrovia, CA start at $1,200,000, averaging $2,099,750, and reaching up to $7,600,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Triplexes 6
    Duplexes 5
    Quadplexes 4
    Apartment buildings 2

    Demographics Overview

    Population 42K
    Population Growth (5Y) +0.1%
    Median Household Income $99,555
    College Educated 30.7%

    High-Yield Neighborhoods for Investment

    Identify Monrovia submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    91016 $1.9M

    Taxes & Financing

    Tax Rate (average for all types) 1.41%
    Property Tax per SF $11.24 per SF
    Tax Rate vs County Average 0.17 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Los Angeles County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Los Angeles County

    Retail

    Office

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Monrovia fall within the 5,000 to 10,000 square foot range.

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