
Monrovia, California 91016
This Turnkey Single Family Residence represents a Strong Value Opportunity, listed at $990,000—positioned well below the $1,076,796 Fair Market Value by 8%. This valuation gap offers $86,796 in Instant Equity. Featuring a 2024 Renovation and an Excellent Condition Rating, the home includes a versatile Converted Garage Flex Space and MORM Zoning on a 10,203 sqft lot. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking immediate comfort with significant long-term development potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 111 Poinsettia Subject | $990,000* List Price | 3 | 3 | 1,388 | $776 | - |
A 520 E Lime Avenue Sold | $1,010,000 | 5 | 3 | 1,437 | $703 | 0.3 mi |
B 328 N. Alta Vista Ave Sold | $1,239,000 | 3 | 3 | 1,615 | $767 | 0.8 mi |
C 375 N Canyon Boulevard Sold | $980,000 | 3 | 2 | 1,303 | $752 | 0.5 mi |
D 231 E Walnut Sold | $875,000 | 2 | 2 | 1,204 | $727 | 0.5 mi |
E 746 Wildrose Sold | $1,226,000 | 3 | 4 | 1,504 | $815 | 0.4 mi |
F 128 N Ivy Sold | $1,120,000 | 3 | 2 | 1,700 | $659 | 0.2 mi |
G 143 W Greystone Avenue Sold | $1,150,000 | 2 | 2 | 1,560 | $737 | 0.6 mi |
H 157 Madeline Drive Active | $1,160,000 List Price | 3 | 2 | 1,394 | $832 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property underwent an extensive renovation in 2024, featuring a modern kitchen with new cabinetry, remodeled bathrooms, updated dual-pane windows, and new flooring. The presence of a modern mini-split HVAC system and the overall mint condition of the interior and exterior meet the criteria for a top-tier rating.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10203, living area = 1388.
The expansive 10,000+ sqft lot combined with MORM zoning offers exceptional opportunities for ADU addition, multi-unit development, or significant expansion.
Extensively updated in 2024, the home features a modern interior, remodeled bathrooms, and energy-efficient dual-pane windows, providing a move-in-ready experience.
The conversion of the garage into an office space means the property lacks enclosed vehicle storage, which may be a concern for buyers prioritizing protected parking.
At 1,388 square feet, the home's interior living space is relatively modest compared to the large lot size, potentially requiring further expansion to suit larger families.
Nestled in a desirable north Monrovia neighborhood above E Foothill Blvd and just north of the 210 Freeway, this beautifully updated property offers a rare combination of an expansive 10,000+ sqft lot, versatile layout, and highly desirable MORM* zoning, creating exceptional future potential for expansion, additional units, or redevelopment opportunities (buyer to verify with city). The oversized lot provides endless possibilities — from creating a private park-like retreat, adding an ADU, expanding the existing home, or maximizing the property’s development potential. A long and wide concrete driveway offers abundant parking for multiple vehicles, RV access, or recreational use, a rare feature in this area. The home was extensively renovated in 2024, featuring a bright and modern interior throughout. Spacious living and dining areas create an open and comfortable atmosphere, while the primary suite includes its own full bathroom. Two additional bedrooms provide flexibility for family, guests, office space, or creative use, including a charming cedar-paneled retreat area. The remodeled secondary bathroom features a stylish walk-in shower, while the kitchen offers a dining area and walk-in pantry for added convenience. Most windows have been upgraded to dual-pane for improved energy efficiency and comfort. Adding even more versatility, the attached garage has been converted into an office/flex space with its own private exterior entrance, ideal for work-from-home use, guests, studio space, or potential future conversion opportunities (buyer to verify). Enjoy foothill views from the covered front porch, shaded by a mature oak tree that adds timeless character and curb appeal. A rare opportunity to own a move-in ready property with a large usable lot, flexible zoning, strong upside potential, and an excellent Monrovia location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,388 | 1,597.5 |
| Lot Size | 10,203 | 6,494 |
| Price | $990.0K | $1.13M |
| Price per sq ft | $713 | $692 |
| Built year | 1945 | 1957 |
| HOA | $0 | $180 |
| Days on market | 21 | 48 |
Jul 1, 2026
$990,000
Initial Listing
Apr 4, 2024
$1,049,000
Public Record