406 S 5th Avenue, Monrovia, California 91016

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.