Views - Fixer Upper
Listed By:
Nathalie Abdoyan with Berkshire Hathaway Golden Prop; 626-841-0727
Address
327 W Lemon Avenue, Monrovia, CA
Price
$ 995,000
Property Attributes
  • MLS#AR26147075
  • TypeMulti-Family
  • Listing Status Active
  • CountyLos Angeles
  • CityMonrovia
  • Area Monrovia
  • Zip91016
  • Style
  • Year Built1906
  • Price$ 995,000
  • Bedrooms0
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage1878
  • Lot Size0.1854 Acres
Data Source:
California Regional MLS (CRMLS)
Property Description

Location, Location, Location! Exceptional investment opportunity in the heart of Monrovia! Just moments from vibrant Old Town Monrovia, with its popular restaurants, shops, parks, and year-round community events, this well-located triplex also offers quick and convenient access to the 210 Freeway, making it highly desirable for tenants. The property features an excellent unit mix consisting of Unit 1: 2 bedrooms, 1.5 bathrooms; Unit 2: 1 bedroom, 1 bathroom; and Unit 3: 2 bedrooms, 1 bathroom, providing strong rental appeal and outstanding income potential. Whether you're looking to expand your investment portfolio or own an income-producing property in one of the San Gabriel Valley's most sought-after neighborhoods, this is an opportunity you won't want to miss. Prime location and close proximity to everything Monrovia has to offer make this a standout investment. Please do not disturb the tenants or walk onto the property.

Price History
7/10/2026 Listed $1,100,000
7/26/2026 10$995,000

General Features

Sewer Public Sewer
Heating Floor Furnace
Cooling Wall/Window Unit(s)
Utilities Electricity Connected,Sewer Connected,Water Connected
Possession Close Of Escrow
Appliances Gas Oven
Garage Spaces 2
Pool Features None
Year Built 1906
Electric Standard
Tenant Pays Other
View Meadow
Stories Count 1
Levels One
Property Subtype Triplex
Gross Income 77700
Community Features Curbs,Park
County Los Angeles
Net Operating Income 57231
Operating Expense 20469
Insurance Expense 4000
New Construction false
Property Type Residential Income
HOA false
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions Cross Streets: S/FOOTHILL, W/MYRTLE
City Monrovia
Entry Location FRONT
Senior Community Y/N false
Open Parking Spaces 2
Number Of Units Total 3
MLS Area 639 - Monrovia
Lot Size Units Square Feet
Lot Size Square Feet 8076
Listing Terms Cash,Cash to New Loan,Conventional,1031 Exchange
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 5852
Fuel Expense 3012
Property Condition Fixer
Trash Expense 2700
Water Sewer Expense 3705
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Tax Lot 18
Property Sub Type Additional Triplex
Expected Active Date 2026-07-14
PostalCity MONROVIA

Interior Features

Interior Amenities All Bedrooms Down
Fireplace Features None
Total Stories 1
Common Walls 1 Common Wall
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features None
Entry Level 2

Exterior Features

Lot Features 2-5 Units/Acre
Water Source Public
Total Parking 2
Lot Size Area 8076
Number of Buildings 2
Spa false
Building Area Total 1878
Lot Size Acres 0.1854
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 2
Number of Separate Electric Meters 2

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 91016

Price
AVG $1.66M
$1,000K
Year Built
AVG 1951
1906