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Millman Team Real Estate

$1,580,000
0.15 Acre Lot

322 324 S Lincoln Place, Monrovia, California 91016

  • Residential Income Property Type
  • 1954 Year Built
Property Description

Set against the foothills in Monrovia, right on the Arcadia boarder, this well-maintained and updated four-plex offers something increasingly difficult to find: an income property that feels genuinely residential. Built in 1954 and comprising approximately 3, 120 square feet, the property is arranged as two separate buildings with two residences in each, surrounded by mature landscaping, garden paths, private outdoor spaces, and mountain views. The two front residences are bright and comfortable, each a one-bedroom, one-bath unit offering an inviting living room, spacious kitchen, generous bedroom, and updated bath. Tucked behind them, the rear building offers two larger residences with distinctly different personalities. The lower unit features a spacious living room, in-unit laundry, and a beautifully remodeled kitchen with recessed lighting, granite countertops, and a breakfast nook. An oversized glass door opens to a private deck and patio. Upstairs, the original ‘owner’s unit’ is a three-bedroom, two-bath residence offers generous living and dining spaces, remodeled bathrooms, an updated kitchen, central heat and air, and views toward the surrounding foothills. Throughout the property, mature hedges, flowering drought-tolerant landscaping, and thoughtfully defined outdoor spaces create privacy and a welcome sense of calm. The three original one-car garages have been converted into storage lockers so that each unit has a dedicated storage space and 3 of the 4 units have an off-street parking space. Lovingly cared for and improved over the years, the property also benefits from significant updates including the roof, plumbing, concrete driveway, exterior paint, storage, and landscaping all updated within the last 12 years. Whether held as a long-term investment or envisioned as an owner-occupied property with additional income, this is a rare opportunity to own a four-unit property with the warmth and character of a place people are proud to call home.

Basic Details
Residential Income
For Sale
P1-27936
$1,580,000
None
1954
0.15 Acre
Active Under Contract
1
Quadruplex
Features
: None
: Central, Wall Furnace, Natural Gas
: Central Air, Wall/Window Unit(s)
: None
: None
1.0
: Public Sewer
$0
Appliances
: Dishwasher, Refrigerator
Address Map
CA
Los Angeles
Monrovia
Not Applicable
91016
Lincoln
322 324
Place
W119° 58' 50.3''
N34° 8' 53''
Just East of 5th Avenue; West of Mayflower; North of Colorado.
639 - Monrovia
S
Additional Information
$0
$0
$0
$0
$0
3120
: Street Lights, Suburban
: Yard
2026-07-09
: Public
Broker/Agent Information
BHHS California Properties
Matt McIntyre
Listing Information
P17053
PF5333
Cash, Cash to New Loan
Active Under Contract
2026-07-24T23:12:19Z
CRMLS
: Standard
2026-07-23T17:00:00Z
Agent info
Ray Millman
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