- 4,285
- sqft
- 1947
- year built
- Status:
- Closed
- MLS #:
- TR26153225
- County:
- Los Angeles
- Listed By:
- King Lee - Dynasty Realty
- Office Phone:
- (626) 336-6191
- Agent Email:
- realestate.kinglee@gmail.com
Turnkey Triplex + Permitted ADU in the Heart of Monrovia — 4 Income Units, Fully Remodeled. An exceptional income opportunity in one of the San Gabriel Valley's most desirable cities. This well-maintained four-unit property combines a spacious triplex with a permitted 2023 ADU, offering a strong unit mix and immediate rental upside. Extensively remodeled just three years ago, every unit shows beautifully with modern kitchens and bathrooms, new kitchen appliances, fresh and well-kept interior paint, dual-pane windows, and abundant natural light pouring through wide windows. The units: Front Unit (detached) — 2 bed / 1.5 bath, 993 sqft, a private standalone home offering added privacy and rental appeal. Middle Unit, Downstairs — 3 bed / 2 bath, 1,267 sqft, generous living space with a comfortable, functional layout. Middle Unit, Upstairs — 3 bed / 2 bath, 1,295 sqft, bright and airy with the largest footprint of the group, featuring a remodeled balcony with new decking and waterproofing. ADU — 2 bed / 1 bath, 730 sqft, professionally converted from a garage with permits (built 2023), adding a fourth income stream and excellent value. Each triplex unit benefits from central AC and heat installed just three years ago and meticulously maintained, while the ADU is served by its own efficient mini-split system. New water heaters were also added three years ago — all part of the same quality remodel throughout, making this a genuinely turnkey asset with minimal deferred maintenance. Prime location: Everything is within easy reach, including quick access to the I-210 freeway, shopping centers, parks, schools, and a wide range of restaurants. Monrovia's charm, walkable Old Town, and strong rental demand make this an ideal hold for investors or owner-users looking to offset their mortgage. Ten bedrooms and seven bathrooms across roughly 4,285 square feet of living space — a rare, fully updated multi-unit offering that's ready to perform from day one. Don't miss this one.
-
- Year Built
- 1947
-
- Stories
- 2.0
-
- Garage Spaces
- 0.0
-
- Appliances
- Dishwasher, Gas Range, Water Heater
-
- Pool Features
- None
-
- Cooling
- Central Air
-
- Acres
- 0.2073
-
- Lot Features
- Two To Five Units Acre
-
- Water
- Public, See Remarks
-
- Area
- 639 - Monrovia
-
- County
- Los Angeles
-
- City
- Monrovia
-
- Zip Code
- 91016
-
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Look Throughout Monrovia
There are currently 111 properties available in Monrovia, with 7 under contract to close soon. Properties in the city have an average sale price of $1,105,899 and typically spend 64 days on the market before being sold.
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Source: ez Home Search, MLS Data
Frequently Asked Questions
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How do I get more information about 127 W Cherry?
Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $1,880,000. We can talk through recent upgrades, potential seller motivation, how this triplex compares to others in Monrovia, and can even get you in to see the property quickly.
How much is the monthly mortgage payment for 127 W Cherry?
With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 127 W Cherry at around $10,699. This includes estimated property taxes and insurance.
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Can I negotiate the asking price for 127 W Cherry?
In most cases, yes. Whether 127 W Cherry is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Monrovia's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.
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What is the price per square foot for this home?
This home is listed at $1,880,000 with 4,285 sqft of space—that comes out to approximately $439 per square foot.
How long has this property been on the market?
127 W Cherry was listed on July 31, 2026, which means it's been on the market for 107 days.
Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.
When was this house built?
This home was built in 1947, making it approximately 79 years old.
What is the lot size of this property?
127 W Cherry sits on a 0.21-acre lot, which is 9,148 square feet.
Is there an HOA fee for this property, and what does it cover?
This home has an HOA fee of $0.
Is 127 W Cherry still available for sale?
Source: ez Home Search, MLS Data
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Based on information from California Regional Multiple Listing Service as of November 15, 2026 at 03:17PM 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. This information 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.
Last Updated: November 15, 2026 at 03:17PM | Source: California Regional Multiple Listing Service | MLS#: TR26153225
