
Monrovia, California 91016
This Turnkey Condominium represents a High-Potential Investment Opportunity, listed at $668,000—positioned well above the $582,177 Fair Market Value by -14%. Featuring a Condition Rating of 3, the home offers a modern Granite Kitchen, new vinyl flooring, and a private balcony with Mountain Views. Located in the heart of Old Town Monrovia, it provides an exceptional lifestyle for Owner-Occupants and first-time buyers who prioritize walkability and modern, move-in ready interiors over immediate equity gains.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 132 W Lemon A Subject | $668,000* List Price | 2 | 2 | 1,081 | $539 | - |
A 1608 S Mayflower Avenue D Sold | $550,000 | 2 | 3 | 1,115 | $493 | 0.9 mi |
B 206 W Cypress Avenue A Sold | $650,000 | 3 | 3 | 1,184 | $549 | 0.5 mi |
C 105 S Mayflower Ave E Sold | $678,000 | 2 | 3 | 1,330 | $510 | 0.5 mi |
D 836 W Foothill A Sold | $699,000 | 2 | 2 | 1,348 | $519 | 0.9 mi |
E 121 S Madison Ave B Active | $638,000 List Price | 2 | 3 | 1,207 | $529 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the structure dates to 1985, the interior has been significantly updated with a remodeled kitchen featuring granite countertops and stainless steel appliances, new vinyl faux wood flooring, and a modernized primary bathroom. The property is in turnkey, move-in ready condition with functional central HVAC systems, fitting the 5-15 year renovation profile.
Situated in the heart of Old Town Monrovia, this property offers exceptional walkability to Myrtle Avenue’s vibrant shops, restaurants, and weekly community festivals.
The home features a beautifully remodeled interior with an open-concept floor plan, new vinyl faux wood flooring, and a modern kitchen with granite countertops and stainless steel appliances.
The private balcony and primary suite provide stunning views of the San Gabriel Mountains, adding a serene and picturesque element to the living space.
The $480 monthly association fee is a significant recurring cost that may impact the overall affordability and debt-to-income ratio for potential buyers.
While the local high school is well-rated, the assigned middle school and alternative high school have lower ratings, which may be a concern for families prioritizing education.
Located in the highly desirable Cape Cod-style Parke Victoria complex in the heart of Old Town Monrovia, this turnkey single-level condominium offers the ideal blend of comfort, style, and convenience. Behind the gates of this well-maintained community, this beautifully remodeled two-bedroom, two-bath home welcomes you with an open-concept floor plan, high ceilings, and abundant natural light. New vinyl faux wood flooring flows throughout the living spaces, creating a fresh and modern feel. The upgraded kitchen opens seamlessly to the dining and living areas and features granite countertops, ample wood cabinetry with upper display ledges, recessed lighting, stainless steel appliances, a stainless sink, breakfast bar seating, and a charming dining area accented by a chandelier. The spacious living room opens to a private balcony where you can enjoy mountain views and Monrovia’s beautiful foothill setting. The primary suite features high ceilings, a bay window, direct balcony access, and an attached remodeled three-quarter bath. The second bedroom has mirrored closet doors and convenient access to the adjacent full guest bath. A separate laundry closet with stackable washer and dryer adds everyday convenience. Additional amenities include central air & heat, and two private assigned subterranean parking spaces within the gated garage and elevator access from the parking level to the residence. The HOA covers water, trash, grounds maintenance, and structure insurance. Ideally situated just moments from Myrtle Avenue’s popular shops, restaurants, library, parks, weekly farmer’s market, and Friday night Family Festival, this home offers an exceptional opportunity to enjoy the vibrant Monrovia lifestyle in one of the community’s most sought-after complexes.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades 6-8 • 1.0 mi
Grades 9-12 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 3.0 | 30% |
| Square foot | 1,081 | 1,167 | 30% |
| Lot Size | 55,707 | 26,429 | 70% |
| Price | $668.0K | $625.0K | 70% |
| Price per sq ft | $618 | $516 | 90% |
| Built year | 1985 | 1986 | 50% |
| HOA | $480.0 | $403 | 70% |
| Days on market | 22 | 118 | 10% |
May 25, 2026
$668,000
Initial Listing
Dec 19, 2014
$408,000
Public Record