This is a rare opportunity to acquire a fully leased 12-unit luxury condominium property located in the highly desirable city of Monrovia, California. Originally built and subdivided as for-sale condos, each unit is individually mapped with its own APN, offering a unique investment structure that combines strong cash flow with flexible exit strategies.
In addition to income from the 12 primary units, the property also includes an additional studio unit that generates supplementary rental income—boosting overall returns and offering further upside.
Located in Monrovia, a high-demand foothill community with charming neighborhoods, strong schools, and proximity to the Metro Gold Line, the property is minutes from Old Town Monrovia, Huntington Drive retail corridor, and freeway access. Monrovia continues to see high rent demand and strong condo sale prices, supported by limited new supply and rising homeownership interest.