709 S Magnolia Monrovia, CA $ 1,200,000
709 S Magnolia
$ 1,200,000
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709 S Magnolia

Monrovia, CA, 91016
$ 1,200,000
Baths1.0 Sq 1,909

Monthly Estimate*

$ 7,389

Listed by SOUTHLAND PROPERTIES
709 S Magnolia, Monrovia, CA 91016 - Image 1
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Studio

Multi-Family Home for sale in Monrovia, CA

for $1,200,000 with 1 full bath. This 1,909 square foot home was built in 1924 on a lot size of 0.1875.

Rare Monrovia triplex featuring three distinct units, just a short distance to Old Town Monrovia, the Metro A Line station, shops, restaurants, the Monrovia Public Library, and easy I-210 Freeway access. Situated on a generous 8,163 SF lot with 1,909 SF of living area across 3 buildings, gas and electric are separately metered and each unit has its own utilities. Located in the Monrovia Unified School District. Unit#1 — Front unit with curb appeal and front picket fence: 2 bedrooms, 1 bath, approximately 1,100 sq ft,in-unit laundry hookups, and 4 parking spaces. Unit#2 — Middle: 1 bedroom, 1 bath, approximately 800 sq ft, in-unit laundry hookups, with 2 parking spaces. Unit#3 — Rear: 1 bedroom, 1 bath, approximately 500 sq ft, in-unit laundry hookups, with 2 parking spaces. Also the property features a 2-car garage used by the landlord. The detached garage is approximately 450 sq ft and presents a great ADU opportunity to add a fourth unit — buyer to verify with the City of Monrovia. Monrovia is a 2024 All-America City Award winner with a beloved weekly Friday Night Street Fair and miles of hiking trails at the foothills of the San Gabriel Mountains. Do not disturb tenents are walk on the property w/out appointment. Thx!

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Multi-Family Active

Price

$ 1,200,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1875

Year Built

1924

Town/City

Monrovia

County/Region

Los Angeles

MLS | Web ID

CV26049611

Days on Market

8

Features
General
Sewer Unknown
Cooling Wall/Window Unit(s)
Utilities Electricity Connected Water Connected
Possession See Remarks
Roof Composition
Zoning MORM
HOA Fee 0
Garage Spaces 2
Architectural Style Craftsman Traditional
Pool Features None
Year Built 1924
Tenant Pays Cable TV Electricity See Remarks Telephone Water
View None
Stories Count 1
Levels One
Property Subtype Triplex
Gross Income 70892.6
Community Features Curbs Foothills Hiking Park Suburban
County Los Angeles
Net Operating Income 5572.48
Operating Expense 3869.68
Insurance Expense 0
New Construction false
Property Type Residential Income
HOA false
Contingency Property is contingent on sellers 1031 exchange. Submit offer subject to interior inspection.
MaintenanceExpense 1836
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions North of Huntington Dr. South of Colorado Blvd
City Monrovia
Entry Location Front Door
Senior Community Y/N false
Open Parking Spaces 8
Number Of Units Total 3
MLS Area 639 - Monrovia
Lot Size Units Square Feet
Lot Size Square Feet 8166
Number of Units Leased 3
Listing Terms 1031 Exchange Submit
Spa Features None
Property Attached Y/N false
Land Lease Y/N false
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Walk Score 94
Water Sewer Expense 0
Additional Parcels Y/N false
Rent Control Y/N false
Virtual Tour https://drive.google.com/file/d/16JkQ6CXTJUoEmRfYMhFOSl8bfAAHNIdM/view?usp=sharing https://drive.google.com/file/d/1lzBaxFCNE2Ej4jVS8F21kWZNe2g5MDuc/view?usp=sharing
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 3
Total Actual Rent 6004.2
Property Sub Type Additional Triplex
Expected Active Date 2026-03-11
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Interior
Interior Amenities All Bedrooms Down
Total Stories 1
Common Walls No Common Walls
Air Conditioning Y/N true
Laundry Features Washer Hookup Electric Dryer Hookup
Entry Level 1
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Exterior
Parking Features Assigned
Lot Features 0-1 Unit/Acre Flag Lot Front Yard
Water Source Public
Total Parking 10
Inclusions Wall AC units ask
Lot Size Area 8166
Number of Buildings 3
Spa false
Building Area Total 1909
Lot Size Acres 0.1875
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 3
Number of Separate Gas Meters 3
Number of Separate Electric Meters 3
Road Frontage Type Alley City Street
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* Excluded Features
List By
Southland Properties

Broker

teamannblanco@gmail.com

Email

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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/11/2026$1,200,000 Listed Price

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709 S Magnolia, Monrovia, CA, 91016 is a Multi-Family Home for sale at $1,200,000 with 1,909 sqft and a lot size of 0.1875. 709 S Magnolia is a studio with 1.0 baths and was built in 1924. The property's zip code is 91016 which is in Monrovia, CA