322 324 S Lincoln Place Monrovia, CA $ 1,580,000
322 324 S Lincoln Place
$ 1,580,000
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322 324 S Lincoln Place

Monrovia, CA, 91016
$ 1,580,000
Baths1.0 Sq 3,120

Monthly Estimate*

$ 9,976

Listed by BHHS California Properties
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Studio

Multi-Family Home for sale in Monrovia, CA

for $1,580,000 with 1 full bath. This 3,120 square foot home was built in 1954 on a lot size of 0.1464.

Set against the foothills in Monrovia, right on the Arcadia boarder, this well-maintained and updated four-plex offers something increasingly difficult to find: an income property that feels genuinely residential. Built in 1954 and comprising approximately 3,120 square feet, the property is arranged as two separate buildings with two residences in each, surrounded by mature landscaping, garden paths, private outdoor spaces, and mountain views. The two front residences are bright and comfortable, each a one-bedroom, one-bath unit offering an inviting living room, spacious kitchen, generous bedroom, and updated bath. Tucked behind them, the rear building offers two larger residences with distinctly different personalities. The lower unit features a spacious living room, in-unit laundry, and a beautifully remodeled kitchen with recessed lighting, granite countertops, and a breakfast nook. An oversized glass door opens to a private deck and patio. Upstairs, the original 'owner's unit' is a three-bedroom, two-bath residence offers generous living and dining spaces, remodeled bathrooms, an updated kitchen, central heat and air, and views toward the surrounding foothills. Throughout the property, mature hedges, flowering drought-tolerant landscaping, and thoughtfully defined outdoor spaces create privacy and a welcome sense of calm. The three original one-car garages have been converted into storage lockers so that each unit has a dedicated storage space and 3 of the 4 units have an off-street parking space. Lovingly cared for and improved over the years, the property also benefits from significant updates including the roof, plumbing, concrete driveway, exterior paint, storage, and landscaping all updated within the last 12 years. Whether held as a long-term investment or envisioned as an owner-occupied property with additional income, this is a rare opportunity to own a four-unit property with the warmth and character of a place people are proud to call home.

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Multi-Family Active

Price

$ 1,580,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1464

Year Built

1954

Town/City

Monrovia

County/Region

Los Angeles

MLS | Web ID

P127936

Days on Market

5

Features
General
Sewer Public Sewer
Heating Central Natural Gas Wall Furnace
Cooling Central Air Wall/Window Unit(s)
Appliances Dishwasher Refrigerator
HOA Fee 0
Garage Spaces 0
Pool Features None
Year Built 1954
View None
Property Subtype Quadruplex
Gross Income 107820
Community Features Street Lights Suburban
County Los Angeles
Net Operating Income 84800
Operating Expense 23020
Insurance Expense 2640
Property Type Residential Income
MaintenanceExpense 6000
Subdivision Name Not Applicable
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions Just East of 5th Avenue; West of Mayflower; North of Colorado.
City Monrovia
Senior Community Y/N false
MLS Area 639 - Monrovia
Lot Size Units Square Feet
Lot Size Square Feet 6379
Carport Spaces 1
Carport Y/N true
Listing Terms Cash Cash to New Loan
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Trash Expense 1200
Water Sewer Expense 3600
Rent Control Y/N false
Standard Status Active
Year Built Source Public Records
Tax Lot 2
Property Sub Type Additional Quadruplex
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Interior
Fireplace Features None
Common Walls 2+ Common Walls
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Total Baths 0
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Exterior
Fencing None
Lot Features Yard
Water Source Public
Total Parking 3
Lot Size Area 6379
Number of Buildings 2
Spa false
Building Area Total 3120
Lot Size Acres 0.1464
Private Pool false
Lot Size Source Public Records
Number of Separate Water Meters 0
Number of Separate Gas Meters 4
Number of Separate Electric Meters 4
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* Excluded Features
List By
Bhhs California Properties

Broker

mpmcintyre@bhhscal.com

Email

Affordability Calculator

$9,976
Per Month
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0%
0%
Monthly Principal & Interest
$9,976
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.49% 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
7/10/2026$1,580,000 Listed Price

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322 324 S Lincoln Place, Monrovia, CA, 91016 is a Multi-Family Home for sale at $1,580,000 with 3,120 sqft and a lot size of 0.1464. 322 324 S Lincoln Place is a studio with 1.0 baths and was built in 1954. The property's zip code is 91016 which is in Monrovia, CA