$850,000
Original list price: $950,000
MLS: 26989413
Beds
4
Baths
2
Sq Ft
1,728
Lot
0.14 ac
Year Built
1957
MLS #
26989413
Days on Market
26
Listed
Sep 19, 2026
Description
A well-maintained Monrovia duplex offering the rare combination of established income and room to shape its future. Tucked on a 6,202 SF lot, this two-unit property features two comfortable 2-bedroom, 1-bath residences with approximately 1,728 SF of total living space and two one-car garages. Both units are currently occupied on a month-to-month basis, providing $4,485 in combined monthly rental income. The simple, functional layout makes ownership and maintenance straightforward, while the flexible tenancy offers an opportunity to evaluate future leasing strategies over time. The existing garage areas also present potential for additional value, with any conversion or redevelopment subject to applicable regulations and buyer verification. Whether held as a long-term income property, repositioned over time, or explored for future owner-occupant use, 519 E Los Angeles Ave offers a solid foundation with options for what comes next.
Location
Monrovia, Los Angeles County, CA 91016
Open on Google Maps ↗Listed by: Ali Nahle · Compass
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$6,801
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $85,000 · Loan: $765,000
Average 30-yr fixed rate 7.40% as of Oct 15, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $5,297
- Property tax (1.25%)
- $885
- Homeowners insurance
- $300
- Mortgage insurance
- $319
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 Oct 15, 2026
- 30-year fixed
- 7.40%
- 15-year fixed
- 6.71%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
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 $29,750 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.
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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
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