For Sale
Multi family home for sale at 137 N Myrtle Ave, Monrovia, CA 91016 | MLS# 25625357 | Listing updated on 2026-06-03
Photo 1 of Multi family home for sale at 137 N Myrtle Ave, Monrovia, CA 91016 | MLS# 25625357 | Listing updated on 2026-06-03
Photo 2 of Multi family home for sale at 137 N Myrtle Ave, Monrovia, CA 91016 | MLS# 25625357 | Listing updated on 2026-06-03
Photo 3 of Multi family home for sale at 137 N Myrtle Ave, Monrovia, CA 91016 | MLS# 25625357 | Listing updated on 2026-06-03
Photo 4 of Multi family home for sale at 137 N Myrtle Ave, Monrovia, CA 91016 | MLS# 25625357 | Listing updated on 2026-06-03
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Listed by: Roderick 'Rick' Raymundo (213) 943-1855 DRE #01357019 | Marcus & Millichap (818) 212-2700

$5,695,000

Monthly Est:$28,346

  • Beds Icon29 Beds
  • Beds Icon
    30 Baths
  • Beds Icon14,405sqft

137 N Myrtle Ave, Monrovia, CA 91016

$28,346/moEst:

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  • Multi Family

  • Built in 1958

  • $-- HOA

  • 32,845 sqft lot

  • $395/sq.ft

Description

Spanning four separate buildings, 137 and 147 N Myrtle Avenue, along with 146 and 148 Stedman Place, the property covers three separate parcels totaling a large 32,485 square foot, block-to-block area of land. Because the City of Monrovia does not have its own restrictive local rent control, the property benefits from higher allowable rent increases under California's statewide AB 1482. This may help a new owner to recapture the approximately 26% in rent upside more rapidly, leading to a more dramatic increase in future cash flow. Monrovia is also not subject to the expensive Measure ULA taxes that burden nearby Los Angeles, allowing investors to keep substantially more ...

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  • Houzeo last checked: 1 minute ago
  • Listing updated: June 3, 2026 at 1:37 am
  • Source: California Regional MLS-CA | MLS#: 25625357 California Regional MLS-CA

Part of

Building
137 N Myrtle Ave
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Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    2

  • County

    Los Angeles County

  • City

    Monrovia

  • Neighborhood

    --

  • Year Built

    1958

  • HOA Fees

    -

  • Finished Area

    14,405 sqft

  • Lot Size

    32,845 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    California Regional MLS

  • MLS Number

    25625357

  • MLS Status

    Active

  • Days on Market

    289

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Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 29

    Bathrooms: 30

Utilities & Energy

  • Parking Features

    Assigned

Price History

DateEventPrice

12/03/2025

Source: mls_logoCalifornia Regional MLS-CA #25625357

Price Increased

$5,975,000 +4.92%

$415/sqft

12/03/2025

Source: mls_logoCalifornia Regional MLS-CA #25625357

Listed for Sale

$5,695,000

$395/sqft

Based on information from California Regional Multiple Listing Service, Inc. as of Sep 20, 2026, 10:15AM and /or other sources. 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. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.

Advertising Broker: William Johnson DRE #01463271 | William Johnson Brokerage

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