$1,010,000
$999,000
1.1%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
3 Baths
1,437 SqFt
SOLD DATE : 05/08/2026
Key Details
Sold Price $1,010,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,437 sqft
Price per Sqft $702
MLS Listing ID 26666553
Sold Date 05/08/26
Bedrooms 5
Full Baths 3
HOA Y/N No
Year Built 1933
Lot Size 7,993 Sqft
Property Sub-Type Single Family Residence
Property Description
Excellent opportunity to own a well-maintained duplex in the heart of Monrovia. This property features two separate detached homes on one lot, ideal for both owner-users and investors.The front home (520 E Lime Ave) can be delivered vacant and offers 3 bedrooms and 2 bathrooms, complete with a new kitchen and upgraded bathrooms, making it move-in ready. The rear home (518 E Lime Ave) includes 2 bedrooms and 1 bathroom, features private alley access and a two-car carport, and is currently generating $3,100 per month in rental income.Recent improvements include a new roof, updated interiors, mini-split systems, and separate gas and electric meters for each unit. The layout provides privacy between units, enhancing its appeal for multi-generational living or rental purposes.Located in a desirable neighborhood with access to great schools, this property presents a rare opportunity to live in one unit while generating income from the other or maximize returns as an investment. Just a short distance from Old Town Monrovia, offering dining, shopping, and community events.
Location
State CA
County Los Angeles
Area 639 - Monrovia
Zoning MORM*
Rooms
Other Rooms Shed(s)
Interior
Cooling Wall/Window Unit(s)
Fireplaces Type None
Furnishings Furnished
Fireplace No
Appliance Dishwasher, Disposal, Refrigerator, Dryer, Washer
Laundry Outside
Exterior
Parking Features Carport, On Street
Pool None
View Y/N Yes
View Mountain(s)
Private Pool No
Building
Entry Level One
Level or Stories One
Additional Building Shed(s)
New Construction No
Others
Senior Community No
Tax ID 8517007003
Special Listing Condition Standard
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