---
listing_id: CRAR26136583
status: Active
price: 2500000
beds: 0
baths_full: 0
baths_half: 0
sqft_living: 
sqft_lot: 11320
lot_acres: 
year_built: 1948
property_type: Residential Income
property_subtype: Residential Income
address: "406 S 5th Ave"
city: Monrovia
state: CA
zip: 91016
county: "Los Angeles County"
lat: 34.1473458
lng: -118.0203241
days_on_market: 15
hoa_fee: 
hoa_frequency: 
garage_spaces: 0
list_agent: "Julie Bencosme"
list_office: "Century 21 Village Realty"
list_agent_phone: "–"
list_agent_license: 01305364
mls_source: CRMLS
modified: 2026-07-08
transaction_type: buy
---

Home | Los Angeles County | Monrovia | 91016 | 406 S 5th Ave

406 S 5th Ave, Monrovia, CA 91016

MLS: CRAR26136583 | Status: | Price: $2,500,000
Beds/Baths: – / –
Property Type: Residential Income

Quick Facts

Beds Baths Sq Ft Sq Ft Lot Yr Built
11,320 1948

Remarks

Prime 6-Unit Investment Opportunity in Highly Desirable Location — NO CITY RENT CONTROL! Welcome to an exceptional, turnkey multi-family investment property situated in a highly sought-after neighborhood just North of Colorado Blvd and South of Foothill Blvd. Impeccably maintained and boasting a phenomenal rental history with 100% occupancy ("always rented"), this complex offers a rare combination of immediate cash flow and hassle-free management. The Unit Mix & Layout: Four (4) 2-Bedroom / 1-Bathroom Units: Approximately 650 sq. ft. each. These highly desirable, single-story ground-level units are attached in the front of the complex. They feature private rear patios. Two (2) 1-Bedroom / 1-Bathroom Units: Approximately 500 sq. ft. each. Quietly situated above the rear carport area. Extensive Modern Upgrades: Five of the six front units have undergone complete, high-end renovations designed to attract top-tier tenants. Upgrades in these units include: Climate & Efficiency: Central heat and air for year-round comfort (one unit features a window AC), plus energy-efficient tankless water heaters. Interior Finishes: Beautiful laminate flooring, recessed lighting, elegant crown molding, and modern ceiling fans. Gourmet Kitchens: Upgraded with sleek quartz coun

MLS Listing Information

Field Value
MLS # CRAR26136583
MLS Source California Regional MLS
Days on Site 15

Features

Interior Features

Feature Details
Appliances Microwave, Oven Range - Gas
Laundry Community Facility
Cooling Central Forced Air, Window/Wall Unit
Heating Central Forced Air, Wall Furnace

Exterior Features

Feature Details
Roof Composition

Parking, School, and Other Information

Feature Details
Garage/Parking Assigned Spaces, Carport, Garage: 0 Car(s)
Water Other
HOA Fee $0

Contact Information

Listing Agent Co-Listing Agent
Julie Bencosme Andy Bencosme
Century 21 Village Realty
License #: 01305364 License #: 01323356
Phone: – Phone: (626) 921-5621

Property Units

# Buildings # Leased Units # Total Units
2

School Ratings

School data provided by GreatSchools.org

Nearby Schools

School Type Grades Distance Rating
Monrovia High School public 9-12 0.17 mi 7
Foothills Middle School public 6-8 0.52 mi 9
Rancho Learning Center (Alternative) public K-12 0.64 mi 6
Monroe Elementary School public TK,KG,1,2,3,4,5,6 0.68 mi 6
Mayflower Elementary School public TK,KG,1,2,3,4,5,6 0.77 mi 10
First Avenue Middle School public 6-8 0.88 mi 8
Highland Oaks Elementary School public K-5 1.04 mi 10
Clifton Middle School public 7-8 1.30 mi 7
Canyon Early Learning Center public KG 1.45 mi N/A
Santa Fe Computer Science Magnet public 7-8 1.49 mi 6
Arcadia High School public 9-12 1.52 mi 10
Camino Grove Elementary School public K-5 1.56 mi 10
Wild Rose Elementary School public TK,KG,1,2,3,4,5,6 1.59 mi 7
Richard Henry Dana Middle School public 6-8 1.64 mi 9
Sierra Madre Middle School public 6-8 1.78 mi 8
Holly Avenue Elementary School public K-5 2.03 mi 8
Monrovia Community Adult public UG 2.03 mi N/A
Mountain Park School public K-12 2.04 mi 4
Bradoaks Elementary School public TK,KG,1,2,3,4,5,6 2.05 mi 7
Canyon Oaks High School public 9-12 2.05 mi 3

Disclosures

©2026 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.

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This listing information is up-to-date as of July 08, 2026. For the most current information, please contact Julie Bencosme.