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Sold for $2,475,000 on 12/08/25
  • Listing Provided by: 

    Stacy Dover DRE #01768476 626-429-7361,

    KALEO REAL ESTATE COMPANY

    Bought with: KALEO REAL ESTATE COMPANY
    $2,475,000

    916 W Duarte Rd, Monrovia, CA 91016

    18beds
    12baths
    6,626sqft
    Multi Family
    Built in 1984
    -- sqft lot
    $2,474,500 Zestimate®
    $374/sqft
    $2,622 Estimated rent

    Home value

    $2,474,500

    $2.25M - $2.72M

    $2,622/mo

    Zestimate® history
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    $2,622/mo

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    $15,620/mo

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    What's special

    Prime 6-Unit Investment Opportunity in Monrovia – Bordering Arcadia! When it comes to real estate, LOCATION is everything—and this 6-unit complex in the heart of Monrovia delivers on every front. Just minutes from Arcadia, this property sits in a highly desirable neighborhood surrounded by shopping, dining, schools, the Santa Anita Race Track, City of Hope, major freeways, and convenient transportation hubs. Each unit has 3 bedrooms, 2 bathrooms and spacious floorplans. This is a rare opportunity to acquire an income-producing asset in one of the San Gabriel Valley’s most stable and sought-after rental markets. Each unit is thoughtfully designed with central air & heat, in-unit laundry hookups, most with a fireplace, balcony & enclosed patio. Each unit has an attached 2-car garage—a true luxury for tenants and a major boost for investor appeal. The property also features a concrete driveway, guest parking, and shared trash service. With strong rental demand and outstanding tenant amenities, this property offers both immediate cash flow and long-term growth potential. Savvy investors take note — opportunities like this in Monrovia’s prime corridor rarely come to market!

    Zillow last checked: 8 hours ago

    Listing updated: December 08, 2025 at 02:07pm

    Listing Provided by:

    Stacy Dover DRE #01768476 626-429-7361,

    KALEO REAL ESTATE COMPANY

    Bought with:

    Stacy Dover, DRE #01768476

    KALEO REAL ESTATE COMPANY

    Source: CRMLS,MLS#: CV25241288MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 18
    • Bathrooms: 12
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Laundry: Inside
    Features
    • Has fireplace: Yes
    • Fireplace features: Living Room
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 6,626
    • Total interior livable area: 6,626 sqft

    Property

    Parking
    • Total spaces: 13
    • Parking features: Assigned
    • Garage spaces: 12
    • Uncovered spaces: 1
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Pool features: None
    Lot
    • Size: 0.28 Acres
    • Features: 0-1 Unit/Acre
    Details
    • Parcel number: 5780015028
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1984

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Suburban, Sidewalks
    Location
    • Region: Monrovia

    HOA & financial

    Other financial information
    • Total actual rent: 122400

    Other

    Other facts
    • Listing terms: Cash,Cash to Existing Loan,Cash to New Loan,Contract

    Price history

    DateEventPrice
    12/8/2025Sold$2,475,000+12.5%$374/sqft
    Source: CRMLS #CV25241288
    12/3/2025Pending sale$2,200,000$332/sqft
    Source: CRMLS #CV25241288
    11/4/2025Contingent$2,200,000$332/sqft
    Source: CRMLS #CV25241288
    10/25/2025Listed for sale$2,200,000$332/sqft
    Source: CRMLS #CV25241288

    Public tax history

    Tax history is unavailable.

    Neighborhood: 91016

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $2,474,500

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $2,474,500