911 Monterey Avenue Monrovia, CA
$ 8,700,000
Property Attributes
  • ML#WS20182961
  • TypePending
  • CityMonrovia
  • AreaMonrovia
  • Zip91016
  • Style
  • Price$ 8,700,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage24518
  • Lot Size0.84 Acres
Listing Provided Courtesy Of:
Property Description

The Monterey Apartments are located at 911 Monterey Avenue in Monrovia. This meticulously maintained, 28-unit building consists of (9) 1 Bed/1 Bath units, (18) 2 Bed/1 Bath units and (1) 4 Bed/1.5 Bath Townhouse unit. This quiet, low-density property sits on 36,746 sq. ft. of land and has 24,518 sq.ft. of rentable sq. ft. This gated community has 33 carport parking spaces, 2 shared laundry rooms and a community pool. Each unit is individually metered for gas & electricity. Located on the Arcadia/Monrovia border, tenants can walk to either city and enjoy the many amenities. With a Walk Score or 82 (Very Walkable) Monterey Apartments are ideally situated to attract a wide demographic of tenants. Old Town Monrovia, the city's central hub and home to a variety of shops and dining, the subject property is located on a quiet, low-density street in Monrovia. The Metro Gold line has a stop in both Monrovia and Arcadia and each is located about 1 mile away connecting travelers from Downtown Los Angeles to Azusa. Downtown Arcadia's shops, dining and nightlight are about a 20 minute walk to the West while Old Town Monrovia a 20 minute walk to the East. The growing city's appeal has also spurred several new development projects in the area that are currently under construction.

Price History
9/3/2020 Listed $8,700,000

General Features

Attached Structure Attached
Co-Listing Agent Last Name KEVIN
Co-Listing Agent Last Name LUTZ
Co-Listing Agent State License # 00925595
Co-listing Agent KEVIN LUTZ - BRE#00925595
Community Features Curbs
Directions W Chestnut Avenue & Monterey Avenue
Garage Spaces 0.00
Listagentaor West San Gabriel Valley
Listing Agent KEVIN HURLEY - BRE#01237798
Listing Agent State License 01237798
MLS Area 639 - Monrovia
Pool Features Community
Price Per Square Foot 354.84
Property Attached Y/N Yes
Sewer Public Sewer
Source System CRMLS
Special Listing Conditions Standard
Total Units 28
Zoning MOPD*

Interior Features

1st Bedroom Area Unit Type Square Feet
2nd Bedroom Area Unit Type Square Feet
3rd Bedroom Area Unit Type Square Feet
Common Walls 2+ Common Walls
Laundry Features Common Area
Laundry Y/N Yes
Studio Area Unit Type Square Feet

Exterior Features

Building Area Total 24518.00
Lot Features Level with Street
Lot Size Acres 0.8436
Lot Size Area 36746.0000
Lot Size Square Feet 36746.00
Lot Size Units Square Feet
Number of Buildings 1
Number of Separate Electric Meters 30
Number of Separate Gas Meters 30
Number of Separate Water Meters 1
Total Parking 0.00
Water Source Public


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 91016

AVG $880K
AVG 28
Year Built
AVG 1964