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127 West Cherry Avenue

Monrovia CA 91016

8
6
9028 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

Turnkey Triplex + Permitted ADU in the Heart of Monrovia 4 Income Units, Fully Remodeled. An exceptional income opportunity in one of the San Gabriel Valley's most desirable cities. This well-maintained four-unit property combines a spacious triplex with a permitted 2023 ADU, offering a strong unit mix and immediate rental upside. Extensively remodeled just three years ago, every unit shows beautifully with modern kitchens and bathrooms, new kitchen appliances, fresh and well-kept interior paint, dual-pane windows, and abundant natural light pouring through wide windows. The units: Front Unit (detached) 2 bed / 1.5 bath, 993 sqft, a private standalone home offering added privacy and rental appeal. Middle Unit, Downstairs 3 bed / 2 bath, 1,267 sqft, generous living space with a comfortable, functional layout. Middle Unit, Upstairs 3 bed / 2 bath, 1,295 sqft, bright and airy with the largest footprint of the group, featuring a remodeled balcony with new decking and waterproofing. ADU 2 bed / 1 bath, 730 sqft, professionally converted from a garage with permits (built 2023), adding a fourth income stream and excellent value. Each triplex unit benefits from central AC and heat installed just three years ago and meticulously maintained, while the ADU is served by its own efficient mini-split system. New water heaters were also added three years ago all part of the same quality remodel throughout, making this a genuinely turnkey asset with minimal deferred maintenance. Prime location: Everything is within easy reach, including quick access to the I-210 freeway, shopping centers, parks, schools, and a wide range of restaurants. Monrovia's charm, walkable Old Town, and strong rental demand make this an ideal hold for investors or owner-users looking to offset their mortgage. Ten bedrooms and seven bathrooms across roughly 4,285 square feet of living space a rare, fully updated multi-unit offering that's ready to perform from day one. Don't miss this one.

Features

8 bedrooms
6 bathrooms
9028 sq. ft. lot size
Multi-Family

Property history for 127 West Cherry Avenue

2022
Sold
$1,300,000
22 Sep 2022 by Michael Thein, of Kobeissi Properties

Happy sellers in Monrovia

95%
95% of sellers in Monrovia reported that their sale price either exceeded or met their price expectations.

Monrovia stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Monrovia over the last 12 months.

Local market activity for 8 bedroom multi families in Monrovia

In the last 12 months, 1 eight-bedroom multi family similar to 127 West Cherry Avenue, have been sold.

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