
Monrovia, California 91016
This Duplex Residential Income property is a Strong Value Opportunity, listed at $1,218,000—positioned well below the $1,224,056 Fair Market Value by 0.5%. Featuring a Condition Rating of 3, the property offers dual-unit flexibility with a 6,084 sq. ft. lot and ample parking. While the proximity to commercial centers requires consideration, the layout is ideal for Buy-and-Hold Investors seeking rental income or Owner-Occupants pursuing multi-generational living. This asset provides a stable, income-producing foundation in a high-demand location.
Property is move-in ready.
While built in 1955, the property has undergone significant updates including dual-pane windows, recessed lighting, and laminate/tile flooring. The kitchens and bathrooms are well-maintained and functional with custom cabinetry, though materials like Formica and tile countertops suggest a renovation age of 10-15 years. The presence of wall A/C and wall heaters indicates older but functional systems, making it move-in ready.
The property features two separate detached homes on a single lot, providing excellent flexibility for multi-generational living or a high-yield investment opportunity.
A circular driveway combined with a covered carport offers significant off-street parking, which is a highly desirable and practical feature for a multi-unit residence.
Situated near the Arcadia border and within walking distance to major shopping centers and restaurants, the property offers high convenience and strong tenant appeal.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6084, other record lot size in square feet = 5891.
Being located directly behind a shopping center may result in increased noise levels and less residential privacy compared to homes deeper within a neighborhood.
The reliance on wall A/C units rather than a modern central HVAC system may be a drawback for buyers seeking consistent climate control throughout the entire living space.
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!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 2.9 |
| Baths | 0.0 | 2.1 |
| Square foot | 1,717 | 1,626 |
| Lot Size | 6,084 | 8,274 |
| Price | $1.22M | $1.16M |
| Price per sq ft | $709 | $706 |
| Built year | 1955 | 1925 |
| HOA | $0 | $0 |
| Days on market | 10 | 70 |
Aug 30, 2026
$1,218,000
Initial Listing
Oct 26, 2023
$975,000
Public Record