182 W Lemon B, Monrovia, California 91016, Monrovia, 91016 - 2 bed, 2 bath
Loading property details...
Monrovia, California 91016
This property presents a High-Potential Investment Opportunity with a List Price of $619,888—positioned well above the $562,696 Fair Market Value by -10%. While the pricing reflects a premium, the Fair Condition Rating and prime Old Town location offer long-term stability. Featuring a unique loft, City Lights and Mountain Views, and proximity to Monrovia High School, this residence provides a versatile lifestyle. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a walkable, urban-centric home in a vibrant community.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 182 W Lemon B Subject | $619,888* List Price | 2 | 2 | 1,081 | $521 | - |
A 1608 S Mayflower Avenue D Sold | $550,000 | 2 | 3 | 1,115 | $493 | 0.9 mi |
B 550 W Foothill Boulevard C Sold | $580,000 | 2 | 2 | 1,395 | $416 | 0.6 mi |
C 206 W Cypress Avenue A Sold | $650,000 | 3 | 3 | 1,184 | $549 | 0.5 mi |
D 343 W Central J Active | $555,000 List Price | 2 | 2 | 987 | $562 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1985, this 39-year-old condo is dated, particularly in the kitchen and bathrooms which feature original oak cabinetry and white tile countertops. While the recent installation of laminate flooring and window coverings makes it move-in ready, the core wet areas and likely the original systems exceed the 20-year threshold and require modernization.
Situated in the heart of Old Town Monrovia, this property offers exceptional walkability to local restaurants, the library, farmers markets, and community festivals, providing a vibrant urban lifestyle.
The interior features high ceilings and a unique additional loft, perfect for a home office or creative studio, complemented by recently updated laminate flooring and window coverings.
The residence includes highly desirable amenities such as in-unit laundry, direct balcony access from multiple rooms, and two gated subterranean parking spaces with elevator access.
The monthly HOA fee of $480 is relatively high for a condo of this size, which may impact the overall monthly affordability for some buyers.
Constructed in 1985, the building's infrastructure and common areas are nearly 40 years old, which could lead to potential future assessments or maintenance requirements compared to newer developments.
Welcome home to this spacious and inviting condo in the Parke Victoria complex in the heart of Old Town Monrovia. This 2-bedrooms/2-bathrooms residence features high ceilings that create a bright, airy atmosphere throughout. Relax in the open living area or find inspiration in the additional loft—perfect for a cozy reading nook, home office, or a creative studio. Laminate flooring and window covering have recently been done. Includes stackable laundry closet, has direct balcony access from primary bedroom and living room, and gated subterranean 2 parking spaces with elevator access. Close to restaurants, library, farmers market, Friday Night Family Festival, parks, and the 210 and 10 freeways.
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 |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,081 | - |
| Lot Size | 55,707 | - |
| Price | $619.9K | $632.8K |
| Price per sq ft | $573 | $488 |
| Built year | 1985 | 0 |
| HOA | $480.0 | $0 |
| Days on market | 33 | 42 |
Jun 19, 2026
$619,888
Initial Listing