We are pleased to present the opportunity to acquire 321 West Duarte Road, a six-unit pride-of-ownership multifamily building in the city of Monrovia, a core market in the San Gabriel Valley. The property was built in 1926/1958 and offers a strong unit mix. It is comprised of four separate buildings: one two-story duplex with two one-bedroom/one-bathroom units (one of which offers a den), and four single-story two-bedroom/one-bathroom units (one of which offers a patio). The property offers eight surface/carport parking spots and five one car garages for a total of 13 parking spots. Select units offer direct access to garages. No soft-story retrofit is required, which saves a new investor thousands in capital expenditures. Each unit has ductless mini-split air conditioning units, is individually metered for gas and electricity, and has separate water heaters. The property also offers on-site laundry. The property sits on a large 13,577 square foot lot that may offer a new investor the potential to build accessory dwelling units(ADUs). This is the Buyers responsibility to investigate.
Multi-familyProperty Type
1926Year Built
0.31 acresLot Size
$522Price/Sq.Ft.
1 garage spacesParking
Listed by Sean Rosenzweig•DRE #01406343• Marcus & Millichap
•310-513-3144 (agent)
•thesrgroup@marcusmillichap.com (agent)
Bought with Ying Jiang•DRE #01870076• CA REAL ESTATE AND FINANCE INC
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
2
Baths
2
Stories
—
Lot width
—
Lot depth
—
Lot size
0.31 Acres
Year renovated
1953
Sq. Ft.
1,302
Year built
1926
Style
Multi-Family (5+ Unit)
County
Los Angeles County
APN
8507004031
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 8, 2026.
Property details
Parking
Garage
Uncovered, Garage
Parking
# of Parking Spaces (Total): 13
Interior
Equipment
Other
Heating & Cooling
Other Cooling
Other Heat
Multi-Unit Income
Gross Income: 123240
Gross Operating Income: $120,288
Net Operating Income: $69,696
Multi-Unit Expenses
Total Annual Expense: $50,592
Multi-Unit Other Financial Information
Cap Rate: 3.2
Gross Rent Multiplier: 17.65
Scheduled Actual: Scheduled
Multi-Unit Information
Unit Type Type: 1, 2, 3, 4, 5, 6
Type Of Units: Residential
# of Buildings: 4
Unit 1 Information
# of Beds: 2
# of Baths: 1.00
Rent: $1,895
Projected Rent: $2,095
Actual Rent: $1,895
# of Units: 1
Unit 2 Information
# of Beds: 1
# of Baths: 1.00
Rent: $1,350
Projected Rent: $1,725
Actual Rent: $1,350
# of Units: 1
Unit 3 Information
# of Beds: 1
# of Baths: 1.00
Rent: $1,550
Projected Rent: $1,775
Actual Rent: $1,550
# of Units: 1
Unit 4 Information
# of Beds: 2
# of Baths: 1.00
Rent: $1,725
Projected Rent: $2,000
Actual Rent: $1,725
# of Units: 1
Unit 5 Information
# of Beds: 2
# of Baths: 1.00
Rent: $1,875
Projected Rent: $2,000
Actual Rent: $1,875
# of Units: 1
Unit 6 Information
# of Beds: 2
# of Baths: 1.00
Rent: $1,875
Projected Rent: $2,000
Actual Rent: $1,875
# of Units: 1
Exterior
Building Information
Total Floors: 2
Property Information
Property Type: Residential Income
Land Information
Other Structures: None
Lot Information
Lot Size (Sq. Ft.): 13,577
Lot Size (Acres): 0.3117
Zoning: MORH*
Financial
Assessment Information
Assessed Total Value: $1,978,800
Assessed Land Value: $791,520
Assessed Land %: 40
Assessed Improvement Value: $1,187,280
Assessed Improvement %: 60.00
Assessor Parcel Number: 8507-004-031
Location
Community Information
# of Units in Complex (Total): 6
Location Information
Directions: The property is located South of the 210 Freeway and near the major cross streets of West Duarte Road and South Myrtle Avenue. The property borders the affluent neighborhoods of Arcadia and San Marino.
Public facts
Beds: 2
Baths: 2.0
Sq. Ft.: 1,302
Stories: —
Lot Size: 0.31 acres
Style: Multi-Family (5+ Unit)
Year Built: 1926
Year Renovated: 1953
County: Los Angeles County
APN: 8507004031
Home facts updated by county records on Jul 8, 2026
Other
Documents & Disclosures
Disclosures: None
Around this home
Schools
Places
Transit
Wild Rose Elementary School
Public Tk-6 • Assigned • 1.4mi
7/10
Santa Fe Computer Science Magnet
Public 7-8 • Assigned • 0.2mi
6/10
Monrovia High School
Public 9-12 • Assigned • 1.3mi
7/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Local insights from Redfin agents
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