121 S Madison Ave B, Monrovia, California 91016, Monrovia, 91016 - 2 bed, 3 bath
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Monrovia, California 91016
This Turnkey Townhouse-Style Condo is a Strong Value Opportunity, listed at $638,000—positioned slightly above the $625,240 Fair Market Value. While the price reflects its Mint Condition Rating, the property offers significant long-term stability through its Fully Renovated Kitchen, New Electrical Panel, and Double-Pane Windows. Located in a highly walkable Monrovia neighborhood, this residence provides a rare Attached 2-Car Garage and proximity to local dining and transit. It is an ideal acquisition for first-time buyers or owner-occupants seeking a move-in ready, low-maintenance lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 121 S Madison Ave B Subject | $638,000* List Price | 2 | 3 | 1,207 | $518 | - |
A 105 S Mayflower Ave E Sold | $678,000 | 2 | 3 | 1,330 | $510 | 0.5 mi |
B 836 W Foothill A Sold | $699,000 | 2 | 2 | 1,348 | $519 | 0.1 mi |
C 550 W Foothill Boulevard C Sold | $580,000 | 2 | 2 | 1,395 | $416 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1987, the property features a fully renovated kitchen with modern shaker cabinets and quartz counters (likely <5y), a brand new electrical panel, newer water heater, and a 3-year-old roof. With double-pane windows and updated flooring throughout, it is in mint, move-in ready condition.
The property features a fully renovated kitchen with quartz countertops and stainless steel appliances, along with major system updates including a new electrical panel, newer water heater, and double-pane windows.
Boasting an exceptional walk score, the home is one minute from Starbucks and minutes from grocery stores, diverse dining options, and the popular Monrovia Friday Night Farmer's Market.
This townhouse-style condo offers a rare attached 2-car garage and generously sized bedrooms, providing the privacy and storage capacity often missing in standard condominium units.
The association fee of $475 per month represents a significant recurring cost that may impact the affordability and debt-to-income ratio for some buyers.
As a condominium-style residence, the property lacks a private backyard or significant outdoor living area, which may be a drawback for buyers with pets or those seeking garden space.
Open house this weekend: Sat (5/16) 11am-1pm; 3-5pm. Sun (5/17) 1-3pm Welcome to this beautifully maintained TOWNHOUSE-STYLE condo nestled in a GATED community in the heart of Monrovia. Step inside and you'll immediately notice the bright, open layout with warm hardwood-style flooring, recessed lighting, and a charming whitewashed brick FIREPLACE that anchors the spacious living room. Natural light pours through large windows, creating a warm and inviting atmosphere throughout. The FULLY RENOVATED KITCHEN is a true standout which is featuring white shaker cabinets, dark quartz countertops, marble-look tile backsplash, and a full suite of stainless steel appliances. Whether you're cooking for family or hosting friends, this kitchen delivers both style and function. The thoughtful layout also includes a convenient half bath on the main level. Upstairs, both bedrooms are GENEROUSLY SIZED compared to typical condos, offering comfort and privacy. The full bathroom features a granite vanity and a combined tub/shower. ATTACHED 2-CAR GARAGE provides secure parking and extra storage, a rare find!! Guest parking is also abundantly available throughout the community. MAJOR UPDATES COMPLETED: 1. BRAND NEW ELECTRICAL PANEL 2. NEWER WATER HEATER 3. ALL DOUBLE PANE WINDOWS throughout 4. UPDATED KITCHEN with all appliances 5. NEWER GARAGE DOOR 6. Community roof replaced 3 years ago LOCATION IS EVERYTHING!!! Walk 1 minute to Starbucks. Drive 3 minutes to Ralphs. Within 10 minutes: 99 Ranch, Sprouts, Trader Joe's, and a wide variety of dining options including Chinese restaurants, In-N-Out, Cava, Chipotle, and more. Enjoy the beloved MONROVIA FRIDAY NIGHT FARMER'S MARKET & STREET FAIR just minutes away, a local tradition featuring food, live music, and artisan vendors every week. PRIME LOCATION: Adjacent to prestigious Arcadia, with quick access to the 210 Freeway, Santa Anita Mall (10 min), Old Town Pasadena (15 min), Metro Gold Line, and multiple hiking trails including Monrovia Canyon Park and Sturtevant Falls. This is MOVE-IN READY and waiting for its next owner. Don't miss this rare opportunity to own in one of the San Gabriel Valley's most charming and walkable communities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,207 | 1,207 | 50% |
| Lot Size | 8,772 | 20,183 | 27% |
| Price | $638.0K | $638.0K | 50% |
| Price per sq ft | $529 | $519 | 64% |
| Built year | 1987 | 1986 | 55% |
| HOA | $475.0 | $400 | 73% |
| Days on market | 0 | 115 | 9% |
May 8, 2026
$638,000
Initial Listing
May 13, 2013
$360,000
Public Record
Dec 19, 2003
$281,000
Public Record