148 W Cherry Avenue, Monrovia, California 91016, Monrovia, 91016 - 4 bed, 3 bath
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Monrovia, California 91016
This Modern 4-Bedroom Residence is listed at $795,000, representing a stable entry point at its $795,000 Fair Market Value. Built in 2003, the home carries a Fair Condition Rating, offering a functional layout with central HVAC and a private patio. While the interior requires cosmetic modernization to address original finishes, the property qualifies for specialized renovation programs like Fannie Mae HomeStyle, allowing for immediate value-add improvements. Located within the Monrovia Unified School District near the San Gabriel foothills, this property balances modern infrastructure with significant personalization potential. It is an ideal match for Owner-Occupants or first-time buyers looking to build equity through custom updates.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 148 W Cherry Avenue Subject | $795,000* List Price | 4 | 3 | 1,623 | $490 | - |
A 214 Violet Avenue E Sold | $800,000 | 3 | 3 | 1,605 | $498 | 1.0 mi |
B 418 E Olive #b Active | $845,000 List Price | 3 | 3 | 1,469 | $575 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2003, the property is now 22 years old, placing it in the 'Fair' category. While the home is functional and features newer flooring, the kitchen and bathrooms are original; the oak cabinetry shows significant surface wear and the white tile countertops are dated. The listing's explicit mention of renovation loan programs (Fannie Mae HomeStyle) confirms the property is a candidate for updates to its aging systems and interior finishes.
Built in 2003, this home offers a contemporary 4-bedroom, 3-bathroom floor plan with essential central HVAC, providing a more modern infrastructure compared to many older properties in the Monrovia area.
The property qualifies for specialized renovation loans like Fannie Mae’s HomeStyle and Freddie Mac’s CHOICERenovation, allowing buyers to finance both the purchase and improvements with as little as 3% down.
Situated in a sought-after neighborhood near the San Gabriel foothills, the home offers a balance of suburban tranquility and convenient access to local schools and amenities.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2010, living area = 1623.
With a lot size of just 2,010 square feet, the property offers very limited outdoor space and yard privacy, which may be a drawback for buyers seeking a traditional large backyard.
The emphasis on renovation loan eligibility suggests the 20-year-old interior likely requires cosmetic modernization and personalizing to align with current market standards.
NEWLY ADJUSTED PRICE - TAKE ANOTHER LOOK! Welcome to 148 West Cherry Avenue, a spacious 4-bedroom, 3-bath home offering 1,623 square feet of comfortable living space. Built in 2003, this residence has been lovingly maintained by the same owner for over 20 years. The interior features a practical floor plan with multiple living areas, generous bedrooms, and central air conditioning and heating for year-round comfort. Outside, the property sits on a manageable 2,005 square foot lot, providing a low-maintenance yard with room for a garden, patio, or outdoor seating. Nestled in a desirable Monrovia neighborhood near the San Gabriel foothills, this home combines modern construction with convenience and potential, making it an excellent opportunity for buyers ready to personalize and make it their own. ***This property qualifies for Conventional Loan renovation programs that allow buyers to finance both the purchase and improvements with as little as 3% down. Eligible options include Fannie Mae’s HomeStyle Renovation and Freddie Mac’s CHOICERenovation and CHOICE Reno Express programs. For details, please contact Linda or Charles.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 69% |
| Baths | 3.0 | 2.0 | 63% |
| Square foot | 1,623 | 1,623 | 50% |
| Lot Size | 2,010 | 7,508 | 4% |
| Price | $795.0K | $1.07M | 7% |
| Price per sq ft | $490 | $675 | 6% |
| Built year | 2003 | 1949 | 96% |
| HOA | $190.0 | $0 | 93% |
| Days on market | 141 | 142 | 49% |
Feb 20, 2026
$795,000
$815,000
-2% Price Drop
Initial Listing
Dec 2, 2025
$815,000
Initial Listing
Apr 28, 2003
$329,000
Public Record