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Sold on 05/21/2026
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520 W Lemon Ave, Monrovia, CA 91016

$830,000

Last sold 05/21/2026 after 31 Days

  • bed

  • bath

Multi-family not for sale

About 520 W Lemon Ave

Property type Multi-family
Year built 1941
HOA fee $0/month
Lot size 5,982 Sqft
Movoto estimate
Parking 2 garage spaces
Rental estimate
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.
Listed by
Listing Agent - Mary Baldry
Listing Agent Contact: 626-344-6410
Listing Office - Century 21 Village Realty
Source: CRMLS mls logo
MLS#AR26084931 • last updated 3 months ago
Movoto checked CRMLS for data Just now
Overview
Levels/Style One
Type Residential Income
SubType Duplex
Status Closed
Lot Size (Acres) 0.1373
Lot Size (SqFt) 5982
Year Built 1941
Interior
Laundry Common Area
Appliances Water Heater, Gas Range
Exterior
Building Area Square Feet, 1075
Roof Shingle
Parking Garage
# Uncovered Spaces 2
# Parking Spaces 4
# Garage Spaces 2
Lot Description 0-1 Unit/Acre
Amenities / Utilities
Fireplaces None
Green Features: Energy Efficient Roof
Sewer/ Septic Public Sewer
Water Source Public
Inclusions Stoves, Washer, Dryer, Wall Air Conditioners In Living Room
Spa None
Pool None
Location
County Los Angeles
Community Features Curbs, Storm Drains, Sidewalks
Directions North Of Colorado Blvd, West Of Mayflower Ave.
APN 8505017002
Multifamily Details
Expense: Trash 1237
Operating Expense 6457
Expense: Insurance 1250
Total Expenses 6457
Expense: Water/ Sewer 1630
Gross Scheduled Income 43020
Expense: Gardener 2340
$820K
Range: $754K-$885K
Last 30 days 
Rental est.: $1,842/month
Gross rent multiplier: 37.6
  • May 2026
    mls logo MLS # AR26084931
  • May 21, 2026 Sold
    $830,000 (+3.9%)
  • May 12, 2026 Pending
  • Apr 30, 2026 Active
  • Apr 20, 2026 Listed
    $799,000 (+45.3%)
  • Aug 2017
    mls logo MLS # OC17111508
  • Aug 4, 2017 Listed
  • Aug 4, 2017 Sold
    $550,000
  • Aug 4, 2017 Sold
    $550,000
  • Jul 24, 2017 Pending
  • May 19, 2017 Listed
    $550,000 (-7.6%)
  • May 19, 2017 Listed
    $595,000 (+19.2%)
  • Aug 2017
    Public Records
  • Aug 4, 2017 Sold
    $550,000
  • Dec 2016
    mls logo MLS # 316009880
  • Dec 10, 2016 Listed
  • Nov 24, 2016 Active
  • Oct 24, 2016 Listed
    $499,000 (+26.3%)
  • Apr 2004
    mls logo MLS # A321907
  • Apr 13, 2004 Sold
    $395,000 (-1.5%)
  • Dec 3, 2003 Listed
    $399,000
  • Apr 2004
    Public Records
  • Apr 8, 2004 Sold
    $401,000 (+0.5%)
  • Year Property taxes Tax assessment
  • 2024
    $8,576 +2.3%
    $613,532 +2.0%
  • 2023
    $8,382 +3.0%
    $601,502
  • 2022
    $8,141 +2.0%
    $601,502 +4.04%
  • 2021
    $7,985 +3.1%
    $578,147 +1.04%
  • 2020
    $7,746 +4.3%
    $572,220 +2.0%
  • 2018
    $7,425 +12.5%
    $561,000 +14.2%
  • 2017
    $6,601 +1.9%
    $491,240 +2.0%
  • 2016
    $6,476 +2.2%
    $481,609
  • 2015
    $6,335
  • 520 W Lemon Ave
    $830K
  • $1.09M
  • 91016
    $1.03M -1% y/y
  • Monrovia
    $1.04M 0% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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CRMLS Multiple Listing Service™ system
The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
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