140 Melrose Ave, Monrovia, CA 91016

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Located in the heart of Monrovia, this adorable, freshly renovated, little 1 bedroom, 1 bath house sits near the back of the property. Freshly painted, new air conditioner, new laminate floors, new kitchen... cabinets, washer/dryer hookup, refrigerator. One off street carport parking space. Tenant pays all utilities. NOTE: This rental utilizes the RUBS program for water and trash.
Very near Old Town Monrovia with its shopping, entertainment, and services. Proximity to restaurants and coffee shops, Vons Supermarket, movie theater, City Hall and Library Park.

- Approximately 520 square feet
- Security deposit equal to one month’s rent
- Lovely Monrovia neighborhood
- Close shops and restaurants
- Freeway close to Pasadena, Arcadia, Azusa
- Easy access to the 210 & 605 freeways
- No Smoking or Vaping of any substance on property
- Will consider 1 dog (35 pounds or less) or 2 cats. Pet rent of $50/pet and additional deposit will apply. All dogs subject to approval of breed and personality. All animals, including ESAs and service animals, will be screened through pet and must be up-to-date on vaccinations and licensed, as required, by the county. The nonrefundable pet screening fee is $30/pet, and must be renewed annually.

All dogs subject to approval of breed and personality. (No pit bulls, ASTs, dobermans, German shepherds, or other aggressive breeds).

Renter's Insurance is required. If Tenant fails to provide proof of Renter's Insurance, they will be required to pay $15/month Liability to Landlord Insurance fee.

Lease Terms: 1 year lease. Shorter terms will be considered at a higher rent.

REQUIREMENTS: INCOME OR SAVINGS
Verifiable Monthly Income Needed to Qualify:

For 1 adult with Income: $6600 (3x the rent)
For 2 adults with Income: $7700 (3.5x the rent)

Or savings of 5x the rent as a consistent minimum balance of $11,000 for the previous 6 months.

Combined net income of all adults with income. No cosigners will be accepted.

3 Years Rental & Work History

A positive landlord reference for the last 3 years

No Negative Credit and a FICO score of at least 700

Valid Photo ID required to make an appointment.

We use ShowMojo to schedule showings. Please send us an email or text and you will get an automated response with a link allowing you to schedule your viewing. Viewings are only scheduled about 3-4 days in advance, so if a date does not show up as available, that may be why. A valid photo ID is required to set an appointment.

We require ALL prospective applicants to come in person and groups to come together for a single viewing. We do not offer Zoom or other online options for viewing. We need to meet each person in person. Please do not ask to apply unless you are able to come in person to view it. No exceptions. Applications are only accepted from those who have come in person to view the property. We will not process any applications from individuals who have not personally come to view the unit.

Arroyo Property Management Incorporated
DRE Lic #01449409

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