Realkey.ai
RealKey
‪(213) 433-7766‬

128 N Ivy Avenue, Monrovia, California 91016, Monrovia, 91016 - bed, bath

128 N Ivy Avenue, Monrovia, California 91016 home-pic-0
ACTIVE$1,175,000$1,700/sqft
Est. Value: $1,154,180
-1%
FairlyEstimate
128 N Ivy Avenue, Monrovia, California 91016
0Bed
0Bath
1,700Sqft
6,806Lot

Price Vs. Estimate

The estimated value ($1,154,180.09) is $20,819.91 (1%) lower than the list price ($1,175,000). This property may be overpriced.

Key pros and cons

Top Pros:
Duplex Configuration & Income Potential: This charming duplex offers a separate front bungalow and a rear residence, providing excellent flexibility for owner-occupancy with rental income or a full investment opportunity, especially with the front home delivered vacant.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1700, other record living area = 1008.

Compared to the nearby listings

Price:$1.18M vs avg $992.5K (+$182,500)64%
Size:1,700 sqft vs avg 1,439.5 sqft69%
Price/sqft:$691 vs avg $71245%

More Insights

Built in 1922 (104 years old).
Condition: Despite being built in 1922, the property, particularly the front unit, has undergone significant and recent updates. The front kitchen features modern white shaker cabinets, stainless steel appliances, and contemporary hexagonal tile flooring. The front bathroom is tastefully remodeled with a dual vanity, subway tile shower, and modern fixtures. Hardwood floors are in good condition, and the front unit benefits from newer HVAC. The rear unit is clean and functional, with a mini-split AC, though its kitchen and bathroom finishes are more basic than the front. Overall, the property is well-maintained and move-in ready, aligning with the 'Good' criteria for properties extensively renovated within 5-15 years.
Year Built
1922
Close
-
List price
$1.18M
Original List price
$1.18M
Price/Sqft
$691
HOA
-
Days on market
-
Sold On
-
MLS number
OC25252403
Home ConditionGood
Features
Good View:
Patio
View-

About this home

Welcome to this Charming Duplex in the heart of Monrovia — a beautifully maintained duplex featuring a desirable Bungalow-style front home and a completely separate rear residence. Both homes have been thoughtfully updated over the years while preserving the warmth and character that make this neighborhood so special. The front home, fully detached and ideally situated north of Foothill, offers 2 inviting bedrooms, a tastefully remodeled bathroom, and a recently updated kitchen equipped with a microwave and stove and newer HVAC. The spacious living area is filled with natural light and hardwood flooring which highlight the home’s classic architectural details. Additional conveniences include an in-unit stacked washer and dryer and a private, fully fenced separate backyard lined with mature fruit trees, creating a tranquil space for dining al fresco, gardening, or simply enjoying the outdoors. Beyond the home itself, the location is truly exceptional and North of Foothill. From your front door, you can take in the scenic views of the San Gabriel foothills and enjoy easy access to Old Town Monrovia, known for its boutique shops, local restaurants, cafés, and its lively Friday Night Street Fair. Nearby parks, hiking trails, and tree-lined streets add to the neighborhood’s charm and lifestyle appeal. Whether you're looking for an investment opportunity or a place to call home, this property offers comfort, character, and convenience in one of Monrovia’s most desirable north-of-Foothill pockets. Front Home will be delivered vacant. This is a Rare Find you won’t want to miss!

W
William Bingley
Listing Agent

Price History

Date
Event
Price
08/17/21
Sold
$890,000
02/12/16
Sold
$602,500
Condition Rating
Good
Despite being built in 1922, the property, particularly the front unit, has undergone significant and recent updates. The front kitchen features modern white shaker cabinets, stainless steel appliances, and contemporary hexagonal tile flooring. The front bathroom is tastefully remodeled with a dual vanity, subway tile shower, and modern fixtures. Hardwood floors are in good condition, and the front unit benefits from newer HVAC. The rear unit is clean and functional, with a mini-split AC, though its kitchen and bathroom finishes are more basic than the front. Overall, the property is well-maintained and move-in ready, aligning with the 'Good' criteria for properties extensively renovated within 5-15 years.
Pros & Cons

Pros

Duplex Configuration & Income Potential: This charming duplex offers a separate front bungalow and a rear residence, providing excellent flexibility for owner-occupancy with rental income or a full investment opportunity, especially with the front home delivered vacant.
Prime North Monrovia Location: Situated in a highly desirable 'North of Foothill' pocket, the property boasts scenic views of the San Gabriel foothills and offers easy access to Old Town Monrovia's vibrant shops, restaurants, cafes, and the lively Friday Night Street Fair.
Thoughtful Updates & Preserved Character: The homes have been thoughtfully updated over the years, including a remodeled bathroom, recently updated kitchen with newer HVAC in the front unit, and hardwood flooring, all while retaining their original warmth and classic architectural details.
Private Outdoor Living: The front home features a private, fully fenced separate backyard lined with mature fruit trees, creating a tranquil space ideal for outdoor dining, gardening, and relaxation.
Lifestyle & Amenities Access: The location provides a high quality of life with nearby parks, hiking trails, and tree-lined streets, catering to an active and community-oriented lifestyle.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1700, other record living area = 1008.
Age of Property: Built in 1922, the property, despite updates, is over a century old, which may entail higher maintenance costs, potential for unforeseen structural or system issues, and higher insurance premiums compared to newer constructions.
Limited Information on Rear Unit: The property description heavily details the front unit but provides minimal information regarding the size, condition, amenities, or current occupancy status of the 'completely separate rear residence,' making it difficult for potential buyers to fully assess its value and income potential.
Duplex Living Considerations: As a duplex, the property inherently involves closer proximity to neighbors than a traditional single-family home, which could lead to potential noise transfer or perceived lack of privacy for some occupants.
Browse Properties by State Browse housing market trends by state