136 Madeline
Monrovia, CA, 91016
$1,898,000
MLS: AR26052708
Beds
6
Baths
9
Sq Ft
3,678
Lot
0.21 ac
Year Built
1988
MLS #
AR26052708
Days on Market
34
Listed
Mar 10, 2026
Description
Exceptional triplex investment opportunity in desirable North Monrovia. Situated on a corner lot spanning two parcels on a quiet cul-de-sac, this unique property features three townhouse-style units, each offering approximately 1,226 square feet of well-designed living space. Built in 1988 with Craftsman-inspired architecture, each unit is two stories with two en-suite bedrooms upstairs and 2.5 bathrooms. The ground floor of each unit offers a convenient half bath, separate laundry area, and direct access to a two-car attached garage. Each residence also enjoys its own distinctive outdoor space: 138 Madeline features a newly constructed front patio with French drains and an expansive side patio; 136 Madeline offers an extra-large balcony with beautiful mountain views; and 921 Ocean View includes a private walled patio for added privacy. The property is highlighted by a majestic oak tree at the front, creating a welcoming presence in this peaceful residential neighborhood. Both end units feature newer flooring and remodeled kitchens, and all units include central air and heat. Additional features include a durable concrete tile 50-year roof, excellent curb appeal, and long-term tenants currently paying at or near market rents, making this an attractive opportunity for investors seeking stable income in a prime foothill location. The property has been well maintained and shows pride of ownership throughout. Drive-by only. Interior inspection subject to accepted offer. Please do not disturb tenants.
Location
Monrovia, Los Angeles County, CA 91016
Open on Google Maps ↗Listed by: Donna Baker · JohnHart Corp.
Payment estimate
$13,484
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $189,800 · Loan: $1,708,200
- Principal & Interest
- $10,495
- Property tax (1.25%)
- $1,977
- Homeowners insurance
- $300
- Mortgage insurance
- $712
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Monrovia home with as little as 3.5% down using an FHA loan — roughly $66,430 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
Local Market Stats
See Monrovia, CA 91016 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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