$830,000
$799,000
3.9%For more information regarding the value of a property, please contact us for a free consultation.
520 W Lemon AVE Monrovia, CA 91016
5,980 Sqft Lot
Key Details
Sold Price $830,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID AR26084931
Sold Date 05/21/26
HOA Y/N No
Year Built 1941
Lot Size 5,980 Sqft
Property Sub-Type Duplex
Property Description
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, one unit can delivered vacant. 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.
Location
State CA
County Los Angeles
Area 639 - Monrovia
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplaces Type None
Fireplace No
Appliance Gas Range, Water Heater
Laundry Common Area
Exterior
Parking Features Garage
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Curbs, Storm Drain(s), Sidewalks
Roof Type Shingle
Total Parking Spaces 4
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 8505017002
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Financing Cash
Special Listing Condition Standard
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP

Bought with Jesus Esparza Esparza Investments Inc.
NEARBY SCHOOLS & BUSINESSES

GET MORE INFORMATION

