206 E Fig Avenue, Monrovia, California 91016, Monrovia, 91016 - 4 bed, 4 bath
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Monrovia, California 91016
This Substantial Value-Add Asset offers a high-ceiling project within the Monrovia Unified School District. Listed at $1,100,000, the property sits above its $938,168 Fair Market Value, reflecting its significant footprint and Condition Score 5 status. The 2,378 sqft floor plan provides a gutted, repiped canvas for a comprehensive renovation. Furthermore, the 9,120 sqft corner lot creates rare ADU Potential for increased density and rental income. This project requires cash or construction financing, making it ideal for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 206 E Fig Avenue Subject | $1,100,000* List Price | 4 | 4 | 2,378 | $395 | - |
A 1830 S Mayflower Sold | $1,320,000 | 5 | 3 | 2,713 | $487 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property is in a mid-rehabilitation state and is currently uninhabitable, requiring substantial repairs. The interior has been largely gutted, with flooring removed and bathrooms dismantled to the studs. The kitchen features outdated cabinetry and aging appliances. Externally, the roof is in critical condition and currently protected by a tarp, and the eaves show signs of wood rot. The listing explicitly states it will not qualify for traditional financing due to its condition.
The property sits on a generous 9,120 sqft corner lot, offering significant potential for an Accessory Dwelling Unit (ADU) which can provide additional rental income or multi-generational living space.
With a large 2,378 sqft floor plan and the house already repiped, this fixer-upper is perfectly positioned for an investor or creative buyer to realize significant equity through a custom renovation.
Located in a sought-after Monrovia neighborhood, the home features a functional floor plan with 4 bedrooms and 4 bathrooms, making it an ideal long-term residence for large families once restored.
The property's current condition prevents it from qualifying for FHA or Conventional financing, limiting the buyer pool to those with cash, hard money, or construction-specific loans.
The home is in a gutted state and requires a comprehensive overhaul, including a new roof, carport repairs, and full reconstruction of all bathrooms and flooring, necessitating a large capital reserve.
Fixer! Property is being sold in as is condition. Great size but needs a little TLC. Great floor plan for a large family in a desirable neighborhood. Priced to sell. Seller started to rehabilitate the home. Removed the 3 1/2 Baths, flooring and any debris. Home appears to be in very good structural condition. Home needs a roof, Carport repair, Paint, Bathroom remodels, paint, flooring. Seller also repiped the house. This house has a lot of upside. Needs someone who is creative to get this home to its highest and best use. Corner lot may open opportunities for an ADU. Please verify this with the City. House will not qualify for FHA or Conventional. Need a Buyer with a Cash offer, Construction or hard money financing.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 68% |
| Baths | 4.0 | 2.0 | 85% |
| Square foot | 2,378 | 1,629 | 78% |
| Lot Size | 9,120 | 7,514.5 | 68% |
| Price | $1.10M | $1.08M | 50% |
| Price per sq ft | $463 | $670 | 5% |
| Built year | 1962 | 1949 | 73% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 147 | 2% |
Apr 14, 2026
$1,100,000
Initial Listing
Apr 13, 2026
$1,200,000
Initial Listing
Mar 26, 2004
$447,500
Public Record
Nov 19, 2003
$310,000
Public Record
Dec 24, 1998
$210,000
Public Record