203 Benrud Street, Monrovia, California 91016, Monrovia, 91016 - 0 bed, 0 bath
Loading property details...
Monrovia, California 91016
This Renovated Residential Income Triplex is listed at $985,000, offering a turnkey multi-unit configuration in a prime unincorporated pocket of Monrovia. While the $903,074 Fair Market Value reflects current market data, the property’s value is anchored by a detached front house with a private patio and extensive upgrades, including new electrical and HVAC. Boasting an Average Condition Rating, the corner lot provides significant ADU potential for future expansion near million-dollar estates. This versatile property is an ideal match for Buy-and-Hold Investors or Owner-Occupants seeking a high-quality house-hack.
Property is move-in ready.
While the structure dates to 1951, the property has undergone significant recent renovations including new electrical panels and conduits, new water heaters, and new HVAC in the upstairs unit. Interior updates feature modern shaker-style cabinets, designer vinyl flooring, and updated bathrooms, making the units move-in ready and well-maintained.
This triplex is situated on a corner lot in an unincorporated area of Monrovia near million-dollar homes, offering significant equity growth and additional ADU development potential.
The property features substantial capital improvements, including new electrical panels, a new water heater, updated windows, and modern interior finishes like designer vinyl flooring and new kitchen cabinetry.
The layout includes a detached front house for maximum privacy and a diverse unit mix that appeals to various tenant profiles, enhancing rental demand.
With a total of 1,588 square feet split across three units, the individual living spaces are relatively small, which may limit the rental price ceiling for the two-bedroom units.
The description notes a garage conversion into a living unit; buyers must verify the legality and permit status of this third unit to ensure compliance and financing eligibility.
Greart triplex investment in Monrovia in (Unincorporated area of Los Angeles County) within 1/4 mile radius of well over million dollar home sales. . Front house is facing Benrud Street. has its own back yard area and it is 2 bedrooms 1 bath,this house is a separate building by itself. Back unit 203 1/2 is also a 2 bedroom 1 bath, remodeled . The garage was converted to a unit 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 vinly window, new a/c and heat pum in the living room. New water heater and new electrical panels serving all 3 units and with new conduits. Unit 203 B has new painting in all rooms, a newer stove and fridge in 2019, new tile flooring in bathroom. Potential for ADU, corner not. Please do not disturb tenants.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,588 | 1,964 | 29% |
| Lot Size | 6,048 | 6,525 | 24% |
| Price | $985.0K | $1.26M | 35% |
| Price per sq ft | $620 | $606 | 53% |
| Built year | 1951 | 1952 | 41% |
| HOA | $0 | $0 | 50% |
| Days on market | 292 | 95 | 0% |
Oct 4, 2025
$985,000
$1,045,000
-6% Price Drop
Initial Listing
Aug 18, 2025
$1,045,000
Initial Listing