520 W Lemon Avenue Monrovia, CA $ 799,000
520 W Lemon Avenue
$ 799,000
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520 W Lemon Avenue

Monrovia, CA, 91016
$ 799,000
Baths1.0 Sq 1,075

Monthly Estimate*

$ 4,920

Listed by Century 21 Village Realty
520 W Lemon Avenue, Monrovia, CA 91016 - Image 1
520 W Lemon Avenue, Monrovia, CA 91016 - Image 2
520 W Lemon Avenue, Monrovia, CA 91016 - Image 3
520 W Lemon Avenue, Monrovia, CA 91016 - Image 4
520 W Lemon Avenue, Monrovia, CA 91016 - Image 5
520 W Lemon Avenue, Monrovia, CA 91016 - Image 6
520 W Lemon Avenue, Monrovia, CA 91016 - Image 7
520 W Lemon Avenue, Monrovia, CA 91016 - Image 8
Studio

Multi-Family Home for sale in Monrovia, CA

for $799,000 with 1 full bath. This 1,075 square foot home was built in 1941 on a lot size of 0.1373.

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, offering immediate rental income. 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.

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Multi-Family Active

Price

$ 799,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1373

Year Built

1941

Town/City

Monrovia

County/Region

Los Angeles

MLS | Web ID

AR26084931

Days on Market

4

Features
General
Sewer Public Sewer
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Roof Shingle
Appliances Gas Range Water Heater
HOA Fee 0
Garage Spaces 2
Pool Features None
Exclusions Tenants' personal possessions
Year Built 1941
Tenant Pays Electricity Gas
Stories Count 1
Levels One
Property Subtype Duplex
Gross Income 0
Community Features Curbs Storm Drain(s) Sidewalks
County Los Angeles
Net Operating Income 36563
Operating Expense 6457
Insurance Expense 1250
New Construction false
Property Type Residential Income
HOA false
Energy Efficient Roof
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions North of Colorado Blvd West of Mayflower Ave.
City Monrovia
Entry Location Ground
Senior Community Y/N false
Open Parking Spaces 2
Number Of Units Total 2
MLS Area 639 - Monrovia
Lot Size Units Square Feet
Lot Size Square Feet 5982
Number of Units Leased 2
Listing Terms Cash Cash to New Loan Conventional
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Trash Expense 1237
Water Sewer Expense 1630
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 9
Property Sub Type Additional Duplex
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Interior
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 Common Area
Entry Level 1
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Exterior
Parking Features Garage
Lot Features 0-1 Unit/Acre
Water Source Public
Total Parking 4
Inclusions Stoves washer dryer wall air conditioners in living room
Lot Size Area 5982
Number of Buildings 1
Spa false
Building Area Total 1075
Lot Size Acres 0.1373
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
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* Excluded Features
List By
Century 21 Village Realty

Broker

marybaldry@gmail.com

Email

Affordability Calculator

$4,920
Per Month
100%
0%
0%
Monthly Principal & Interest
$4,920
Monthly Property Taxes
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Monthly Home Insurance
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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
4/20/2026$799,000 Listed Price

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520 W Lemon Avenue, Monrovia, CA, 91016 is a Multi-Family Home for sale at $799,000 with 1,075 sqft and a lot size of 0.1373. 520 W Lemon Avenue is a studio with 1.0 baths and was built in 1941. The property's zip code is 91016 which is in Monrovia, CA