For sale

Listed by: Berkshire Hathaway Golden Prop • Nathalie Abdoyan • Contact: 626-841-0727

Price cut: $120K (10/4)

$875,000

327 W Lemon Ave, Monrovia, CA 91016

5beds

4baths

1,878sqft

$6,213/mo

Get pre-qualified

Triplex

Built in 1906

-- sqft lot

$880,300 Zestimate^®

$466/sqft

$-- HOA

What's special

Location, Location, Location! Exceptional investment opportunity in the heart of Monrovia! Just moments from vibrant Old Town Monrovia, with its popular restaurants, shops, parks, and year-round community events, this well-located triplex also offers quick and convenient access to the 210 Freeway, making it highly desirable for tenants. The property features an excellent unit mix consisting of Unit 1: 2 bedrooms, 1.5 bathrooms; Unit 2: 1 bedroom, 1 bathroom; and Unit 3: 2 bedrooms, 1 bathroom, providing strong rental appeal and outstanding income potential. Whether you're looking to expand your investment portfolio or own an income-producing property in one of the San Gabriel Valley's most sought-after neighborhoods, this is an opportunity you won't want to miss. Prime location and close proximity to everything Monrovia has to offer make this a standout investment. Please do not disturb the tenants or walk onto the property.

91 days
1,665
109

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 4

Rooms

Room types: Bedroom

Bedroom

Features: All Bedrooms Down

Heating

Floor Furnace

Cooling

Wall/Window Unit(s)

Appliances

Included: Gas Oven
Laundry: None

Features

All Bedrooms Down
Has fireplace: No
Fireplace features: None
Common walls with other units/homes: 1 Common Wall

Interior area

Total structure area: 1,878
Total interior livable area: 1,878 sqft

Property

Parking

Total spaces: 4
Parking features: Garage
Garage spaces: 2
Uncovered spaces: 2

Features

Levels: One
Stories: 1
Entry location: FRONT
Pool features: None
Spa features: None
Has view: Yes
View description: Meadow

Lot

Size: 8,076 Square Feet
Features: 2-5 Units/Acre

Details

Parcel number: 8505004023
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Triplex
Attached to another structure: Yes

Condition

Fixer
New construction: No
Year built: 1906

Utilities & green energy

Electric: Standard
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Sewer Connected, Water Connected

Community & HOA

Community

Features: Curbs, Park

Location

Region: Monrovia

Financial & listing details

Price per square foot: $466/sqft
Tax assessed value: $609,077
Date on market: 7/14/2026
Cumulative days on market: 92 days
Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange
Tenant pays: Other

Estimated market value

$880,300

$836,000 - $924,000

$2,738/mo

Price history

Date	Event	Price
10/4/2026	Price change	$875,000-12.1%$466/sqft
Source: CRMLS #AR26147075 Report a problem
9/17/2026	Listed for sale	$995,000$530/sqft
Source: CRMLS #AR26147075 Report a problem
9/11/2026	Pending sale	$995,000$530/sqft
Source: BHHS broker feed #AR26147075 Report a problem
9/11/2026	Contingent	$995,000$530/sqft
Source: CRMLS #AR26147075 Report a problem
7/26/2026	Price change	$995,000-9.5%$530/sqft
Source: CRMLS #AR26147075 Report a problem
7/14/2026	Listed for sale	$1,100,000+161.9%$586/sqft
Source: CRMLS #AR26147075 Report a problem
5/13/2004	Sold	$420,000$224/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2026	--	$609,077 +2%
2025	$8,801 +2.5%	$597,136 +2%
2024	$8,589 +2.3%	$585,428 +2%
2023	$8,400 +2.9%	$573,950 +2%
2022	$8,166 +2%	$562,697 +2%
2021	$8,007 +2.9%	$551,664 +1%
2020	$7,778	$546,008 +2%
2019	$7,778 +4.7%	$535,303 +2%
2018	$7,431	$524,808 +2%
2017	$7,431 +1.9%	$514,519 +2%
2016	$7,293 +2%	$504,431 +1.5%
2015	$7,150 +3%	$496,855 +2%
2014	$6,940	$487,123 +4.5%
2011	--	$466,093 +0.8%
2010	--	$462,611 -0.2%
2009	--	$463,710 +2%
2008	--	$454,619 +4%
2006	--	$436,968 +49.9%
2004	--	$291,434 +3.9%
2002	--	$280,485