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Multifamily

Paragon at Old Town

Monrovia, CA

163 Units

Built in 2010

Core Plus

Investment Highlights

  • A Compelling Core-Plus Investment Opportunity in the Heart of the San Gabriel Valley: The Property has 4 retail suites in the 6,077 SF of total ground floor retail area.
  • Robust Employment & Location: Monrovia is situated at the heart of Huntington Drive Job Corridor which is home to thousands of high-paying engineering, biotech, and healthcare jobs.
  • Strong Submarket Fundamentals: The median single family home value in Monrovia now exceeds $1.1M, growing 48% in the last 5 years and 25% in the last 3 years.
  • Excellent Lifestyle Amenities: Residents are within walking distance (96 Walk Score) to countless popular entertainment, nightlife, shopping, dining, and everyday needs in Old Town Monrovia. Notable destinations include: The Peach Café, Mikomi Sushi, Café De Olla, Jakes' Roadhouse, Casa Cordoba, Red Restaurant & Bar, Girasol Cocina Mexicana, & The Sate – Monrovia. 

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