Listed by King Lee, Dynasty Realty
$1,880,000
8 Beds
6 Baths
4,285 sqft
127 W Cherry Ave, Monrovia, CA 91016
Est. Mortgage $11,559/mo*
Get Pre-QualifiedHome Highlights
Multi-Family
Built in 1947
$439/sqft
Local Information
- Map ViewExplore the area around 127 W Cherry Ave.
- Schools1 Preschool School1 Elementary School1 Middle School1 High School
- Shop & Eat
-- mins to
About this House
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.
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.
Home Details for 127 W Cherry Ave
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Beds & Baths Number of Bedrooms: 8Number of Bathrooms: 6 |
Appliances & Utilities Appliances: Dishwasher, Gas Range, Water HeaterDishwasherLaundry: Washer Hookup,Gas Dryer Hookup |
Heating & Cooling Has CoolingAir Conditioning: Central Air |
Windows, Doors, Floors & Walls Common Walls: 2+ Common Walls |
Levels, Entrance, & Accessibility Stories: 2Number of Stories: 2Levels: TwoEntry Location: front |
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Exterior Home Features No Private Pool |
Parking & Garage No Garage |
Pool Pool: None |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Surface & Elevation Elevation Units: Feet |
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Cumulative Days on Market: 33Days on Market: 35 |
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Year Built Year Built: 1947 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Triplex |
Building Not a New ConstructionAttached To Another StructureNo Additional Parcels |
Property Information Not Included in Sale: staging furnitureParcel Number: 8508010054 |
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Price List Price: $1,880,000Price Per Sqft: $439 |
Status Change & Dates Off Market Date: Tue Jul 14 2026 |
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MLS Status: Active Under Contract |
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Direction & Address City: Monrovia |
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Listing Agent Listing ID: TR26153225 |
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Building Area Building Area: 4285 Square Feet |
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Community Features: SidewalksNot Senior Community |
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Association for this Listing: California Regional MLSHOA Fee: No HOA Fee |
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Lot Area: 9028 sqft |
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Special Conditions: Standard |
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Listing Terms: Cash, Cash to New Loan, Conventional, 1031 Exchange |
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Expense Tenant Pays: All Utilities |
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Has Rent Control |
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Mls Number: TR26153225Living Area Range Units: Square FeetZillow Contingency Status: Under ContractAttribution Contact: realestate.kinglee@gmail.comBack On Market Date: Fri Jul 31 2026Common Interest: NoneUniversal Property Id: US-06037-N-8508010054-R-N |
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SidewalksSource Internet Entire Listing Display |
Around this home
What Locals Say about Monrovia
At least 409 Trulia users voted on each feature.
92 % Say it's dog friendly
84 % Say there are sidewalks
83 % Say it's walkable to restaurants
80 % Say it's walkable to grocery stores
80 % Say parking is easy
74 % Say there's holiday spirit
71 % Say yards are well-kept
68 % Say people would walk alone at night
67 % Say car is needed
64 % Say streets are well-lit
63 % Say there's wildlife
62 % Say they plan to stay for at least 5 years
61 % Say it's quiet
60 % Say kids play outside
55 % Say neighbors are friendly
38 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
Market trends in Monrovia
Last updated July 2026
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
73
4MoM
Home Value
Trulia Estimate
$1.84MSince last month
Increased$348K (+23.3%)Since last year
Increased$415K (+29.1%)Since last sale
Increased$542K (+41.7%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +76% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $1.84M |
| August 2026 | $1.82M |
| July 2026 | $1.49M |
| June 2026 | $1.5M |
| May 2026 | $1.43M |
| April 2026 | $1.46M |
| March 2026 | $1.4M |
| February 2026 | $1.45M |
| January 2026 | $1.41M |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.79 | Multi-Family Home | $1,685,385 | 03/27/26 | 8 | 4 | 4,284 | |
0.53 | Multi-Family Home | $1,238,000 | 08/13/26 | 6 | 3 | 2,447 | |
0.58 | Multi-Family Home | $1,023,000 | 12/04/25 | 5 | 4 | 2,079 | |
0.45 | Multi-Family Home | $1,550,000 | 01/30/26 | 4 | 3 | 1,964 | |
0.46 | Multi-Family Home | $1,150,000 | 07/09/26 | 4 | 3 | 1,909 | |
0.15 | Multi-Family Home | $845,000 | 10/16/25 | 3 | 2 | 1,532 | |
0.61 | Multi-Family Home | $2,270,000 | 01/14/26 | 10 | 10 | 6,340 | |
0.44 | Multi-Family Home | $1,550,000 | 01/30/26 | 4 | 3 | 1,742 | |
0.93 | Multi-Family Home | $2,250,000 | 06/26/26 | 11 | 9 | 6,090 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.07 | $765,000 | 4 | 2.5 | 1,623 | For Sale | |
0.08 | $650,000 | 3 | 2.5 | 1,184 | Recently Sold | |
0.13 | $995,900 | 3 | 2 | 1,285 | Off Market | |
0.13 | $896,900 | 3 | 1 | 1,144 | Off Market | |
0.15 | $1,150,000 | 4 | 2 | 1,942 | For Sale | |
0.15 | $1,650,000 | 7 | 4 | 3,342 | For Sale | |
0.12 | $996,700 | 3 | 2 | 1,671 | Off Market | |
0.16 | $860,000 | 3 | 1 | 1,152 | Recently Sold | |
0.15 | $1,003,100 | 3 | 2 | 1,532 | Off Market | |
0.18 | $602,500 | 2 | 2 | 1,032 | Off Market | |
0.18 | $469,900 | 1 | 1 | 839 | Off Market | |
0.17 | $1,024,900 | 4 | 2 | 1,612 | Off Market |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Sep 3, 2026 Source: CRMLS #TR26153225 | Contingent | $1,880,000 |
Aug 1, 2026 Source: CRMLS #TR26153225 | Listed For Sale | $1,880,000 |
Apr 8, 2023 Source: Zillow Rentals | ListingRemoved | |
Mar 25, 2023 Source: Zillow Rentals | Listed For Rent | $2,750 |
Sep 22, 2022 Source: N/A | Sold | $1,300,000 |
Aug 31, 2022 Source: CRMLS #P1-10123 | Pending | $1,350,000 |
Aug 4, 2022 Source: CRMLS #P1-10123 | PriceChange | $1,350,000 Price decreased by 7% |
Jun 22, 2022 Source: Pasadena Foothills MLS #P1-10123 | Listed For Sale | $1,450,000 |
Feb 1, 1994 Source: N/A | Sold | $250,000 |
Sep 8, 1993 Source: N/A | Sold | $370,705 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2026 | Unavailable | $1,540,990 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
King Lee, Dynasty Realty
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-09-04 00:45:48 PDT and /or other sources. 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
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-09-04 00:45:48 PDT and /or other sources. 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
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Frequently asked questions about 127 W Cherry Ave
- What is the estimated monthly payment for 127 W Cherry Ave?Based on a $1,880,000 list price with 20% down at today's rates, the estimated monthly payment for 127 W Cherry Ave in Monrovia, CA is approximately $11,752 (about $9,828 principal & interest, $1,849 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- What do residents say about Monrovia?Residents describe Monrovia, CA as dog-friendly, pedestrian-friendly, and walkable to restaurants. See homes for sale in Monrovia, CA.
- What are the closest schools to 127 W Cherry Ave?The closest schools to 127 W Cherry Ave in Monrovia, CA are Bradoaks Elementary School (Pre-K, rated 7/10), Monrovia High School (rated 7/10), Santa Fe Computer Science Magnet (Middle, rated 6/10).
- What is 127 W Cherry Ave estimated to be worth?Trulia's estimated value for 127 W Cherry Ave in Monrovia, CA is $1,841,500.
- Does 127 W Cherry Ave have air conditioning?Yes, 127 W Cherry Ave in Monrovia, CA has air conditioning.
- Does 127 W Cherry Ave have laundry facilities?Yes, 127 W Cherry Ave in Monrovia, CA has laundry facilities.
127 W Cherry Ave, Monrovia, CA 91016 is a 8 bedroom, 6 bathroom, 4,285 sqft multi-family built in 1947. This property is currently available for sale and was listed by CRMLS on Aug 1, 2026. The MLS # for this home is MLS# TR26153225.