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Closed
- Listed price
- $3,988,000
- Listed Jan 21, 2019
- Sold price
- $3,950,000
- Sold Apr 12, 2019
17,599 sqft lot|1962 Built|42 MLS days on market
203 S Madison Ave, Monrovia, CA 91016
Property Description
Absolute Turn-Key Asset in Prime Monrovia. Non rent control, completely rehabbed in 2018. Here is an opportunity to acquire an 11-unit apartment building in the city of Monrovia. This garden-style walk-up building was originally constructed in 1962, but has undergone a complete rehab in 2018 featuring: stainless steel appliances, remodeled bathrooms, quartz tops in kitchens and bathrooms, wood-style plank flooring, in-unit stacked washer and dryer, crown molding and recessed lighting to name a few. Unit mix on this non-rent-controlled property is comprised of ten – 2 bedroom / 1 bathroom units and one – 3 bedroom / 1.75 bathroom unit. The building has a flat, rolled composition shingle roof and concrete slab foundation. Units are individually metered for gas & electric and have individual water heaters. There are 15 total detached carport spaces: 7 single carport spaces; 4 tandem carport spaces. Please do not go on Property. Tenants do not know it is for sale.
Listing agent: KEVIN LUTZDRE #00925595klutz@kwcommercial.com, Listing office: PASADENA MARKET CENTER
MLS data updated 10/30/2026, 7:38:06 PM PT
Source: CRMLSMLS #: WS19015436
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$3,950,000
Apr 12, 2019
Available records22019
From MLS recordsActual listing and closing events
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
No recordNo property-price record in this range.ZIP 91016 · Oct 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 0 price recordsNo records in this period
ZIP 91016 · same property typeThis MLS property type has no exact comparison group.
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Recorded sales in this period (0)
No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
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MLS records may be incomplete. Earlier asking prices are not sale prices.