$999,000
OPEN SAT 2PM - 5PM

520 E Lime Ave Monrovia, CA 91016

5 Beds
3 Baths
1,437 Sq Ft
$695 Price per Sq Ft

Highlights

  • Living Room
  • Shed
  • Ceiling Fan
  • Clifton Middle School Rated A-
  • 1-Story Property
  • 2-minute walk to Rotary Park

About This Home

Excellent opportunity to own a well-maintained duplex in the heart of Monrovia. This property features two separate detached homes on one lot, ideal for both owner-users and investors.The front home (520 E Lime Ave) can be delivered vacant and offers 3 bedrooms and 2 bathrooms, complete with a new kitchen and upgraded bathrooms, making it move-in ready. The rear home (518 E Lime Ave) includes 2 bedrooms and 1 bathroom, features private alley access and a two-car carport, and is currently generating $3,100 per month in rental income.Recent improvements include a new roof, updated interiors, mini-split systems, and separate gas and electric meters for each unit. The layout provides privacy between units, enhancing its appeal for multi-generational living or rental purposes.Located in a desirable neighborhood with access to great schools, this property presents a rare opportunity to live in one unit while generating income from the other or maximize returns as an investment. Just a short distance from Old Town Monrovia, offering dining, shopping, and community events.

Listing Agent

Raymond Wu

Keller Williams Los Angeles License #02019741 Listed on: 03/19/2026

Keller Williams Los Angeles

Open House Schedule

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1933

Interior Spaces

  • 1,437 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room

Kitchen

  • Oven or Range
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Carport
  • Auto Driveway Gate
  • On-Street Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Additional Features

  • Shed
  • 7,995 Sq Ft Lot

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 8517-007-003

Property Details

Home Type

Multi-Family

Year Built

Built in 1933

Lot Details

7,995 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 1437
  • Lot Acreage: 0.1835
  • Year Built: 1933
  • State Abbrv: CA
  • Special Features: OpenHouse
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 5
  • Total Bathrooms: 3.00
  • Equipment: Ceiling Fan, Garbage Disposal, Range/Oven, Refrigerator, Washer, Dryer
  • Price Per S Q F T: 695.20

Exterior Features

  • Other Structures: Shed(s)

Garage/Parking

  • Parking Garage: Carport, Driveway Gate, On street
  • Total Parking: 2

Utilities

  • Cooling: Wall/Window
  • Heating: Wall Gas

Lot Info

  • Assessed Improvement Percent: 42.17
  • Assessed Improvement Value: 357000
  • Assessed Land Percent: 57.83
  • Assessed Land Value: 489600
  • Total Assessed Value: 846600
  • Assessor Parcel Number: 8517-007-003
  • Lot Size Area: 7995

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 12.60
  • Number Of Units: 2
  • Type Of Units: 2

Map

Range of Values:

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Value Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/19/2026 03/19/26 For Sale $999,000 -- $695 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed -- Wfg National Title
Grant Deed $815,000 First American Title
Grant Deed $772,727 First American Title
Interfamily Deed Transfer -- Chicago Title Company
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $715,000 New Conventional
Previous Owner $692,198 Construction
Previous Owner $50,000 New Conventional
Source: Public Records

Source: The MLS

MLS Number: 26666115

The MLS

APN: 8517-007-003

California Los Angeles County Monrovia 91016

520 E Lime Ave, Monrovia, CA

For Sale

MultiFamily

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The MLS © 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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Listing Agent
Raymond Wu
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Keller Williams Los Angeles
(626) 801-0805
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