ResidentialIncome — 520 W Lemon Avenue, Monrovia, CA

About this property

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.

Property details

Location

520 W Lemon Avenue • Monrovia, CA 91016

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Listed by

Mary Baldry · Century 21 Village Realty