113 N Ivy Avenue 113 & 115, Monrovia, California 91016, Monrovia, 91016 - 3 bed, 2 bath
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Monrovia, California 91016
This Turnkey Residential Income Duplex is listed at $1,200,000, representing a high-quality asset aligned with its $1,127,801 Fair Market Value. Boasting a Condition Rating of 2, the property features two fully modernized units with Quartz Kitchens, new mini-split HVAC, and updated PEX plumbing. Located in the desirable Monrovia Unified district, it offers stunning Mountain Views and elite walkability to Old Town Monrovia. This property is an exceptional acquisition for Buy-and-Hold Investors or Owner-Occupants looking for a move-in-ready, income-generating sanctuary in a historic neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 113 N Ivy Avenue 113 & 115 Subject | $997,000* List Price | 3 | 2 | 1,386 | $705 | - |
A 244 E Lime Sold | $985,000 | 4 | 2 | 1,480 | $666 | 0.3 mi |
B 179 N Ivy Sold | $1,260,000 | 4 | 3 | 1,874 | $672 | 0.2 mi |
C 244 E Lime Sold | $985,000 | 0 | 0 | 1,480 | $666 | 0.3 mi |
D 520 W Lemon Sold | $830,000 | 0 | 0 | 1,075 | $772 | 0.8 mi |
E 113 Active | $997,000 List Price | 0 | 0 | 1,386 | $719 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1900, the property underwent an extensive renovation within the last year. It features fully remodeled kitchens with quartz countertops, updated bathrooms with custom tile, and complete modernization of major systems including new PEX/ABS plumbing, updated electrical, and new mini-split HVAC units, meeting the criteria for a recently renovated home with no deferred maintenance.
The property features two recently upgraded units, offering the flexibility to generate rental income, house guests, or utilize a creative studio in a highly desirable North Monrovia location.
Despite its 1900 origin, the home boasts a complete plumbing overhaul with PEX and ABS lines, updated electrical, and new mini-split climate control systems, providing modern reliability.
Situated just half a mile from Old Town Monrovia’s boutique shops, cafes, and the Friday Night Family Festival, the property offers a lifestyle of ultimate convenience and community engagement.
As a structure built in 1900, the property may still require specialized long-term maintenance or encounter structural quirks typical of century-old homes, despite recent interior and utility upgrades.
With only 1,386 square feet of living space at a $1.2 million price point, the property commands a premium valuation that may challenge buyers looking for more interior volume for the price.
Welcome to 113 & 115 N. Ivy Ave. in North Monrovia. Both units have been upgraded within the last year, featuring beautifully remodeled kitchens with quartz countertops and bathrooms with custom tile finishes. These updates offer modern finishes while preserving the home’s timeless appeal. The seller took great care to balance historic character with modern convenience. This property perfectly captures the essence of the area’s picturesque, tree-lined streets. Relax on the large front porch and enjoy your morning coffee! ?? * Interior and exterior paint completed * New LVP flooring throughout both units * Both kitchens completely remodeled with quartz countertops, new cabinetry, and updated plumbing fixtures * Both bathrooms fully upgraded with custom-tiled showers * Expansion potential: backyard offers room to build an additional unit or garage * Modernized utilities: complete plumbing overhaul featuring new ABS drain lines and PEX water lines throughout, updated electrical systems, and brand- new water heaters * Climate control: stay comfortable year-round with two new mini-split heating and cooling systems in each unit * Versatility: use the second unit as a guest house, creative studio, or income-producing rental—the possibilities are endless Ample parking for both units ** Enjoy a lifestyle of ultimate walkability—less than a half a mile from the Friday Night Street Fair, the library, local parks, and the boutique shops and cafes of Old Town Monrovia. Mountain views and historic charm are right at your doorstep! **
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,386 | 1,964 | 12% |
| Lot Size | 6,598 | 6,598 | 50% |
| Price | $997.0K | $1.26M | 35% |
| Price per sq ft | $719 | $606 | 71% |
| Built year | 1900 | 1952 | 6% |
| HOA | $0 | $0 | 50% |
| Days on market | 88 | 91 | 41% |
May 26, 2026
$997,000
$1,200,000
-17% Price Drop
Initial Listing
Mar 24, 2026
$1,200,000
$1,277,000
-6% Price Drop
Initial Listing
Mar 10, 2026
$1,277,000
Initial Listing