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Berkshire Hathaway HomeServices California Properties

406 S 5th Avenue, Monrovia, CA 91016

$2,500,000 Approx. USD

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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128 888-995-7575

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Listing Agent

Julie Bencosme | Julie@C21Village.com
Lic#: 01305364
Broker: Courtesy of Century 21 Village Realty
Phone: 626-355-1451

Co Listing Agent

Andy Bencosme | Andy@C21Village.com
Lic#: 01323356
Broker: Courtesy of Century 21 Village Realty
Phone: 626-921-5621

Listing Details

Property type: Apartment (Multi-Family)

Property Sub-Type:

Status: Active

Listing ID: AR26136583

Price: $2,500,000

Rental Rate: $2,500,000

Lot Size:

HOA Fee is $0.00

None fireplaces

Built in 1948

2 stories

0.26 acres

County: Los Angeles

Construction: Stucco

Interior features: Ceiling Fan(s),Quartz Counters,Utility Room

Appliances: Gas Range,Microwave,Tankless Water Heater

Parking description: Assigned,Carport

Lot description: Near Park,Near Public Transit

Heating/cooling: Central Air,Wall/Window Unit(s)

Heating description: Central,Wall Furnace

Last Updated: 7/9/2026

Days On Market (DOM): 41

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Lat/Long: 34.147349, -118.020238.
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Lot Details

Easement Present: (Easement present. For more information, contact agent.)

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Property Details

Prime 6-Unit Investment Opportunity in Highly Desirable Location — NO CITY RENT CONTROL! Welcome to an exceptional, turnkey multi-family investment property situated in a highly sought-after neighborhood just North of Colorado Blvd and South of Foothill Blvd. Impeccably maintained and boasting a phenomenal rental history with 100% occupancy ("always rented"), this complex offers a rare combination of immediate cash flow and hassle-free management. The Unit Mix & Layout: Four (4) 2-Bedroom / 1-Bathroom Units: Approximately 650 sq. ft. each. These highly desirable, single-story ground-level units are attached in the front of the complex. They feature private rear patios. Two (2) 1-Bedroom / 1-Bathroom Units: Approximately 500 sq. ft. each. Quietly situated above the rear carport area. Extensive Modern Upgrades: Five of the six front units have undergone complete, high-end renovations designed to attract top-tier tenants. Upgrades in these units include: Climate & Efficiency: Central heat and air for year-round comfort (one unit features a window AC), plus energy-efficient tankless water heaters. Interior Finishes: Beautiful laminate flooring, recessed lighting, elegant crown molding, and modern ceiling fans. Gourmet Kitchens: Upgraded with sleek quartz countertops and premium stainless steel appliances (including refrigerator, range, and microwave). Luxury Baths: Thoughtfully remodeled featuring a shower-over-tub enclosed with a sleek glass door. Property Amenities: Parking: 6 covered carport spaces at the rear of the property (1 dedicated space per unit). Laundry: Convenient on-site, coin-operated laundry room equipped with 1 washer and 1 dryer (additional income stream). Location: Perfectly positioned close to premier shopping, vibrant dining options, and major thoroughfares. This is a true pride-of-ownership property in a fantastic area. With no city rent control and units consistently in high demand, this is a golden opportunity to add a high-performing asset to your real estate portfolio. PLEASE NOTE: DRIVE-BY ONLY. DO NOT DISTURB TENANTS UNDER ANY CIRCUMSTANCES.

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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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