8
See all 8 photos
$799,000
Est. payment /mo
2 Beds
2 Baths
5,982 Sqft Lot
New
520 W Lemon Avenue Monrovia, CA 91016
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID AR26084931
Bedrooms 2
Lot Size 5,982 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Charming duplex opportunity in a highly desirable Monrovia neighborhood, just moments from the shops, dining, and vibrant atmosphere of Old Town. Situated on a 5,982 sq ft lot, this property features two mirror-image units, each offering 1 bedroom and 1 bathroom - an excellent opportunity for investors or future owner-users. The units offer functional layouts, with one unit benefiting from more recent improvements while the other provides an opportunity for a new owner to further update and add value over time. Notable upgrades include a new roof installed in 2021, both water heaters replaced in 2023, a new garage door installed in 2026 on one of the garages, a new window AC unit added in the back unit in 2025, and a direct vent heater installed in that same unit in 2021. Each unit includes its own dedicated garage space, providing convenient parking and additional storage. Both units are currently tenant-occupied, one unit can delivered vacant. The property also features a shared laundry room equipped with a washer and dryer for tenant use. The spacious lot presents potential for future expansion, including the possibility of adding an ADU (buyer to verify with the City of Monrovia). A versatile property in a prime location with long-term upside potential.
Location
State CA
County Los Angeles
Zoning Assessor
Direction North of Colorado Blvd, West of Mayflower Ave.
Interior
Cooling Wall/Window
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 8505017002
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Mary Baldry, DRE#01927691 Century 21 Village Realty
NEARBY SCHOOL & BUSINESS
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