Multifamily

Monrovia, CA Multifamily Properties for Sale

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Duplex With Permitted Junior ADU
Updated: Jul 23
Duplex With Permitted Junior ADU

400 Prospect Avenue, Monrovia, CA 91016

$2,050,000
4,208 sqft 0.24 AC lot
Two full residences plus a permitted 455‑square‑foot junior ADU
4,208 square feet of living space on a 10,451‑square‑foot corner lot
Junior ADU has a private entrance, kitchen, den, bedroom, and three‑quarter bath
Detached two‑car garage, carport, driveway, and covered patio
Central heat and air throughout
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Vacant Duplex Property
Updated: Sep 3
Vacant Duplex Property

203 Benrud Street, Monrovia, CA 91016

$799,000
0.14 AC lot
Vacant duplex property with separate front and rear buildings
0.1388‑acre lot in Monrovia, Los Angeles County
Front residence includes 2 bedrooms, 1 bathroom, private garage, side yard, and driveway
Rear improvements feature updated flooring, kitchen cabinetry, fixtures, and interior paint
New water heater, electrical panels, and conduits serving the property
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Duplex With Two Separate Homes
Duplex With Two Separate Homes

911 Genoa Street, Monrovia, CA 91016

$1,218,000
0.14 AC lot

Two distinct residences offer flexible occupancy with private living spaces and shared site amenities.

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We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Duplex with Junior ADU
Duplex with Junior ADU

400 Prospect Avenue, Monrovia, CA 91016

$2,050,000
4,208 sqft 0.24 AC lot

Two full residences and a permitted junior ADU provide flexible multigenerational or rental living arrangements.

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Historic Duplex with Detached Garage
Historic Duplex with Detached Garage

163 May Avenue, Monrovia, CA 91016

$1,288,000
0.17 AC lot

Two separate dwellings offer flexible residential income or multigenerational living arrangements in Monrovia.

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New Quadplex Residential Property
New Quadplex Residential Property

317 N Shamrock, Monrovia, CA 91016

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980 sqft 0.19 AC lot

Newly constructed residential property with private outdoor space, dedicated parking, and efficient ductless heating and cooling.

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Three-Bedroom Duplex
Three-Bedroom Duplex

927 W Olive Ave, Monrovia, CA 91016

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1,000 sqft 0.21 AC lot

Features include central heating and air conditioning, garage parking, and sliding-door access to a private backyard.

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Updated Quadplex with Storage
Updated Quadplex with Storage

322 324 S Lincoln Place, Monrovia, CA 91016

$1,580,000
3,120 sqft

Two residential buildings provide four distinct units with private outdoor areas and dedicated storage.

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Triplex with Public Utilities
Triplex with Public Utilities

210 Encinitas Ave, Monrovia, CA 91016

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1,000 sqft 0.15 AC lot

Multifamily property with public water and sewer service, window or wall-mounted cooling, and a fireplace.

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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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Duplex with Separate ADU
Duplex with Separate ADU

2346 1/2 Fairgreen Ave, Monrovia, CA 91016

$1,790,000
0.28 AC lot

Two residences offer distinct living spaces with separate gas, water, and electric meters.

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Two-Home Duplex with Carport
Two-Home Duplex with Carport

911 Genoa Street, Monrovia, CA 91016

$1,218,000
0.14 AC lot

Two separate residences provide flexible living arrangements with laundry hookups and covered parking.

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Renovated Duplex with Detached ADU
Renovated Duplex with Detached ADU

348 Shrode Avenue, Monrovia, CA 91016

$1,450,000
0.21 AC lot

Two independent residences offer separate utilities, private outdoor areas, and a gated two-car garage.

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Two-Residence Duplex Property
Two-Residence Duplex Property

305 E Camino Real, Monrovia, CA 91016

$1,750,000

Two detached residences offer independent utilities, separate street access, and two detached garages on a corner lot.

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Renovated Duplex with ADU Plans
Renovated Duplex with ADU Plans

612-614 E Colorado Boulevard, Monrovia, CA 91016

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2,050 sqft

Two updated residences share a lot near Old Town Monrovia, with a rear unit currently producing income.

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Triplex with Varied Unit Mix
Triplex with Varied Unit Mix

327 W Lemon Avenue, Monrovia, CA 91016

$1,100,000

Three residential units offer one-bedroom and two-bedroom layouts with varied bathroom configurations.

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Duplex with Bonus Detached Unit
Duplex with Bonus Detached Unit

710 E Greystone, Monrovia, CA 91016

$1,088,000

Duplex offering two residential units plus a detached bonus structure with its own bathroom.

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Two-Home Duplex with Private Garages
Two-Home Duplex with Private Garages

312 Jeffries Avenue, Monrovia, CA 91016

$1,298,888

Separate driveways, utility meters, and garages support independent occupancy across the two residences.

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Duplex With Two Detached Homes
Duplex With Two Detached Homes

308 Jeffries Avenue, Monrovia, CA 91016

$1,198,888

Two vacant residences feature separate utilities, driveways, garages, and private backyards.

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Updated Duplex with ADU Plans
Updated Duplex with ADU Plans

612 614 E Colorado Boulevard, Monrovia, CA 91016

$1,680,000

Two-unit property with renovated interiors, a detached garage, and approved plans for an additional accessory dwelling unit.

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Historic Duplex with Detached Garage
Historic Duplex with Detached Garage

163 May Avenue, Monrovia, CA 91016

$1,288,000

Two homes feature independent electric and gas meters, shared water service, and convenient access to downtown Monrovia.

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Monrovia Triplex Near Old Town
Monrovia Triplex Near Old Town

709 S Magnolia, Monrovia, CA 91016

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1,909 sqft 0.19 AC lot

Triplex in Monrovia near amenities and transportation.

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Remodeled Duplex with 4-Car Garage
Remodeled Duplex with 4-Car Garage

415 E Walnut Avenue, Monrovia, CA 91016

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2,023 sqft

Remodeled duplex offers two units with enclosed patio space and updated kitchens, plus a four-car garage behind the rear unit.

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Fourplex Residential Income Property
Fourplex Residential Income Property

322-324 S Lincoln Place, Monrovia, CA 91016

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3,120 sqft

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

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Monrovia, CA Multifamily Properties Market Trends and Statistics

Explore 72 multifamily properties for sale in Monrovia, CA, showcased through 29 active listings on our real estate platform. These investment opportunities span a total of 43,778 square feet of properties for sale, with an estimated market value of $32,326,776.

Sale prices for multifamily properties in Monrovia, CA start at $799,000, averaging $1,795,932, 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

Duplexes 23
Quadplexes 4
Triplexes 4
Apartment buildings 2
Mobile home & RV parks 1

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 $1.6M

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

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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