Listing Courtesy of: CRMLS / Listed By: Julie Bencosme, Century 21 Village Realty; Andy Bencosme, Village Realty - Contact: 626-202-8502
406 S 5th Avenue Monrovia, CA 91016
Active (2 Days)
$2,500,000 (USD)
3,804
SQFT
Description
MLS #:
AR26136583
AR26136583
Taxes
$24,830
$24,830
Lot Size
0.26 acres
0.26 acres
Type
Multifamily
Multifamily
Year Built
1948
1948
Views
City Lights, Mountain(s)
City Lights, Mountain(s)
County
Los Angeles County
Los Angeles County
Listed By
Julie Bencosme, DRE #01305364 CA, Century 21 Village Realty, Contact: 626-202-8502
Andy Bencosme, DRE #01323356 CA, Century 21 Village Realty
Andy Bencosme, DRE #01323356 CA, Century 21 Village Realty
Source
CRMLS
Last checked Jun 29 2026 at 4:52 AM GMT+0000
CRMLS
Last checked Jun 29 2026 at 4:52 AM GMT+0000
Bathroom Details
Interior Features
- Tankless Water Heater
- Utility Room
- Ceiling Fan(s)
- Laundry: Common Area
- Microwave
- Quartz Counters
- Gas Range
Lot Information
- Near Public Transit
- Near Park
Heating and Cooling
- Central
- Wall Furnace
- Central Air
- Wall/Window Unit(s)
Exterior Features
- Roof: Composition
Utility Information
- Utilities: Water Connected, Sewer Connected, Electricity Connected, Natural Gas Connected, Water Source: See Remarks
- Sewer: Unknown
Parking
- Assigned
- Carport
Stories
- 2
Additional Information: Village Realty | 626-202-8502
Location
Estimated Monthly Mortgage Payment
*Based on Fixed Interest Rate withe a 30 year term, principal and interest only
Listing price
Down payment
%
Interest rate
%Mortgage calculator estimates are provided by C21 Village Realty and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of {6/28/26 21:52} and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.
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 countertops and premium stainless steel appliances (including refrigerator, range, and microwave).
Luxury Baths: Thoughtfully remodeled featuring a shower-over-tub enclosed with a sleek glass door.
Property Amenities:
Parking: 6 covered carport spaces at the rear of the property (1 dedicated space per unit).
Laundry: Convenient on-site, coin-operated laundry room equipped with 1 washer and 1 dryer (additional income stream).
Location: Perfectly positioned close to premier shopping, vibrant dining options, and major thoroughfares.
This is a true pride-of-ownership property in a fantastic area. With no city rent control and units consistently in high demand, this is a golden opportunity to add a high-performing asset to your real estate portfolio.
PLEASE NOTE: DRIVE-BY ONLY. DO NOT DISTURB TENANTS UNDER ANY CIRCUMSTANCES.