San Gabriel Valley Real Estate Search

Monrovia Investment Properties

You don't have to treat a house only as a place to live.  It can also be used as an investment that will supplement your income.  The city of Monrovia offers a wide range of selections if you're interested in purchasing property as an investment.

Not all investment properties are the same, however. Financial pundits often advise buyers of investment properties - especially first-time buyers - to carefully determine what type of property fits their strategies. Not sure? Let our team help you to make that decision on what kind of unit - single family, condo, duplex, multi-unit, commercial - best reflects your situation and interests. In an unpredictable stock market, investment in real estate may offer a welcome alternative to volatile portfolios.  Monrovia investment properties for sale.

Latest Investment Properties

$799,000
GD26193878 MLS ⋅ Active Status
Excellent price!!! Investor's delight added value fixer opportunity in Monrovia in (Unincorporated area of Los Angeles County) , this property is all vacant giving the new owner the opportunity to freely do any improvements and make corrections to add value. Cash offers preferred. All showing is by appointment only with listing agent. This property is being sold in its AS-IS condition. This property is within 1/4-mile radius of around million-dollar home sales. . Front house is facing Benrud Street, it is vacant and has its own side yard area, and its own private garage, plus its own driveway and it is 2 bedrooms 1 bath, this house which is in a separate building by itself. Back unit 203 1/2 is in a separate building, is also a 2-bedroom 1 bath, remodeled, this unit does not have final permits as a unit according to the city's records. But the tax assessor records show it as 2 units. The garage was converted to a unit, called 203 B , without any city permits, and it is 1 bedroom 2 bath. The upstairs unit has new designer vinyl flooring, new tile kitchen cabinets, new sink and faucet and under sink piping, new painting in all the rooms. It also has new vinyl window, in the living room. New water heater and new electrical panels serving all 3 units and with new conduits. There is one Gas, Electrical, and Water meter for all units. Bring your architects and explore all your expansion & ADU and renovation possibilities.

203 Benrud Street, Monrovia
$1,218,000
WS26190199 MLS ⋅ Active Status
This well-maintained property features two separate homes on a spacious 6,084 sq. ft. lot, offering flexibility for homeowners and investors alike. Unit A, located at the back, is a cozy 1-bedroom, 1-bath home featuring a covered patio, tile flooring, a carpeted bedroom, recessed lighting, a ceiling fan, wall A/C, custom cabinets, and Formica countertops. Unit B, situated at the front, is a charming 2-bedroom, 1-bath home with dual-pane windows, stylish cabinets, tile countertops, laminate flooring, and bedrooms with mirrored closet doors. Both units are designed for comfort and practicality. The property is located behind the shopping center on Duarte Road, near the border of the City of Arcadia. Additional highlights include laundry hookups conveniently located on the rear porch/patio, a circular driveway, and a covered carport area for ample parking. The property is ideally located near shopping, markets, and restaurants, making it a great choice for multi-generational living or as an income-producing investment. Don’t miss this fantastic opportunity!

911 Genoa Street, Monrovia
$1,450,000
WS26176115 MLS ⋅ Active Status
Welcome to this wonderful and unique multi-family opportunity ideally located in the heart of Monrovia! Situated on a nearly 9,200 sq. ft. lot, this beautifully landscaped property features two fully independent homes with separate addresses and individually metered utilities (water, gas, and electricity). The fully renovated main residence (348 Shode Ave, Built 1949) offers 3 bedrooms and 2 bathrooms within a bright, open floor plan. Highlights include a custom fireplace, new wood floors, a new HVAC system, new windows, and a stunning chef’s kitchen with Quartz countertops and stainless-steel appliances that flows directly to the backyard for seamless entertaining. The detached ADU (2311 California Ave, Built 2024) offers 1,000 sq. ft. of elegant living space with 2 bedrooms and 2 full bathrooms (unit shows 3 bedrooms). It boasts its own private backyard, high ceilings, a gourmet kitchen with 42” cabinetry, and a fully paid solar panel system. A 2-car garage with large gated access on each side ensures privacy and convenience for both residences. Ideal for multi-generational living or as a premium investment, this move-in ready property is just minutes from Monrovia's best shopping and dining. Don't miss this extraordinary dual-home opportunity!

348 Shrode Avenue, Monrovia
$975,000
CV26172891 MLS ⋅ Active Status
Charming Craftsman-style duplex located on a quiet street north of Foothill Boulevard in Monrovia. Situated on a spacious 7,496 sq. ft. lot, the property features two separate units, each with its own unique floor plan, along with garage parking, individual laundry areas, and generous front and rear yard space. With classic character throughout and a desirable location, this property offers a great opportunity for an investor or owner-user.

134 Grand, Monrovia
$998,000
AR26167447 MLS ⋅ Active Status
Located within the highly sought-after Bradbury Oaks Elementary School District, this beautifully maintained duplex presents an exceptional opportunity for both investors and owner-occupants. Both units have been tastefully updated and include a washer, dryer, and refrigerator, making them truly move-in ready. Whether you're looking to live in one unit while generating rental income from the other or seeking the perfect setup for multi-generational living, this property offers outstanding flexibility. The charming, tree-shaded lot provides a peaceful outdoor retreat, complete with a pergola that's ideal for relaxing or entertaining. The front unit features an attached one-car garage, additional driveway parking, and central air conditioning for year-round comfort. The rear unit offers its own driveway parking and is equipped with two wall-mounted air conditioning units to keep the home cool and comfortable. With its desirable location, thoughtful updates, and versatile living options, this is a rare opportunity you won't want to miss.

821 Oakdale, Monrovia
$2,228,000
AR26167821 MLS ⋅ Active Status
Exceptional six-unit investment opportunity in one of Monrovia's most sought-after neighborhoods. Situated on an approximately 11,151-square-foot lot, this attractive single-story property is conveniently located near Old Town Monrovia, Foothill Boulevard, shopping centers, restaurants, schools, parks, and public transportation. The property features an excellent unit mix consisting of one spacious two-bedroom, two-bathroom unit and five one-bedroom, one-bathroom units. The two-bedroom unit includes its own laundry hookups and split-system air conditioning. Most units have been updated with laminate flooring. The roof was replaced in 2017, and the property features recent upgraded electrical service, separate gas and electrical meters for each unit, individual water heaters, an on-site coin-operated laundry room, and one covered carport parking space per unit. Unit F has recently undergone an extensive renovation featuring new laminate flooring, recessed lighting, dual-pane windows, a beautifully remodeled bathroom, an updated kitchen with quartz countertops and newer cabinetry, upgraded fixtures, and two split-system air-conditioning units. This well-maintained property offers strong in-place income, additional rental upside potential, and an outstanding location in the heart of Monrovia.

522 W Linwood Avenue, Monrovia
$1,680,000
AR26164692 MLS ⋅ Active Status
JUST REDUCED BY $80k! Approved/Stamped Garage ADU conversion plans included so you can start the value-add right away! Two homes on one lot, blocks from Old Town Monrovia, with all the expensive permitted remodel work done. The front house (#612) lives like an elegant single-family residence: ~1,550+sf, 3 bedrooms, 3 baths, plus a flexible bonus den that works as an office, guest room, or 4th bedroom. The primary suite offers a room-size walk-in closet and en-suite bath, while the secondary suite enjoys its own private entrance, ¾ bath, walk-in closet, and sink — ready to be permitted as a JADU. The spacious galley kitchen, thoughtfully designed, opens to the living and dining areas, creating a comfortable and inviting space for everyday living and entertaining. The detached rear unit (#614) above the garage: a private ~500sf unit — 1 bedroom, a den with closet space easily serves as a 2nd bedroom, ¾ bath, efficiency kitchen, and living room is immediately income-producing. A renovation to the studs: new plumbing, new electrical with new meter & subpanels, tankless water heaters for both units, new roof, new central A/C, new mini-split, new premium waterproof engineered wood flooring, new cabinetry, new decking, all new windows, and all-new appliances. The existing 2-car garage has approved plans permitted for a 496sf ADU conversion, and the oversized courtyard offers room for an additional ~1,000sf detached ADU. Buyer to verify all development potential with the City of Monrovia and perform own due diligence. Live in front, collect income in back, and grow into the lot! Few San Gabriel Valley properties let an owner-occupant offset their housing cost while building a multi-unit portfolio on a single parcel. An excellent move-in-ready option for owner-users, multigenerational families, and investors. Lots of mature trees like Mango, Avocado, Lemon & Orange!! Short walk to the vibrant Old Town, Myrtle Avenue dining, Library Park, and shopping, with the A Line and the 210 Freeway minutes away. An extraordinary property offering versatility, quality, and future upside! A rare opportunity not to be missed!

612 614 E Colorado Boulevard, Monrovia
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.