2451 Graydon Avenue, Monrovia, California 91016, Monrovia, 91016 - 6 bed, 6 bath

2451 Graydon Avenue, Monrovia, California 91016 home-pic-0
ACTIVE$1,488,000
2451 Graydon Avenue, Monrovia, California 91016
6Beds
6Baths
2,684Sqft
7,412Lot
Year Built
1948
Close
-
List price
$1.49M
Original List price
$1.6M
Price/Sqft
$554
HOA
-
Days on market
-
Sold On
-
MLS number
WS25180658
Home ConditionExcellent
Features
Patio
ViewNeighborhood

About this home

We found 3 Cons,5 Pros. Rank: price - $1.49M(86th), sqft - 2684(90th), beds - 6(98th), baths - 6(99th).

This charming Unique Single Story Duplex features 3-bed main house PLUS a new construction 3bed/3.5bath / 1,198 SF ADU is perfect for multi-generational living, or you can use part of the property as a full- time or mid-term rental! This unique property presents several possibilities for the new owner: 1) You and your extended family may comfortably spread out in both the main house and ADU 2) Since each ADU bedroom has a private ensuite, potentially you could take one & rent out two plus the main house – and Enjoy mortgage-free living! You could also just live in the ADU or main house and rent out the other 3) Rent out the entire property for a steady monthly income. Located on a quiet street with mountain views, close to parks, great schools, shopping & dining along the 210 Fwy and trendy Uptown Monrovia. Homes with NEW CONSTRUCTION ADUs do not come on the market very often – and even rarer is an ADU with 3 beds & 3.5 baths. Come see this unique property before someone else does! (Long-term estimated rent: front $3,500 / back $3,700; mid-term estimated rent: front $5,800 / back $5,500). You may even be able to purchase this home based on its rental income alone by using a DSCRloan — meaning the rental income could cover the mortgage payments. It’s a great opportunity for both investors and owner-occupants who want their property to pay for itself! Monrovia is also one of the few cities that still allow short term rental!

Nearby schools

7/10
Plymouth Elementary School
Public,K-50.3mi
8/10
Camino Grove Elementary School
Public,K-50.8mi
6/10
Bradoaks Elementary School
Public,K-52.1mi
5/10
Wild Rose Elementary School
Public,K-52.1mi
5/10
Santa Fe Middle School
Public,6-80.8mi
8/10
Richard Henry Dana Middle School
Public,6-81.4mi
5/10
Rio Hondo Elementary School
Public,K-81.5mi
7/10
Monrovia High School
Public,9-121.9mi
2/10
Canyon Oaks High School
Public,9-121.9mi
9/10
Arcadia High School
Public,9-122.1mi
7/10
Arroyo High School
Public,9-122.1mi
7/10
South El Monte High School
Public,9-126.3mi

Price History

Date
Event
Price
08/29/25
Price Change
$1,488,000-7.0%
08/11/25
Listing
$1,600,000
Condition Rating
Excellent

This property features a newly constructed ADU with modern finishes, including new LVP flooring, recessed lighting, white shaker cabinets, quartz countertops, and stainless steel appliances in the kitchen, and updated bathrooms. The main house, while built in 1948, has also undergone extensive recent renovations, showcasing a modern kitchen with similar high-quality finishes, updated bathrooms, refinished hardwood floors, and recessed lighting throughout. All components appear new or virtually new, meeting current quality standards with no visible deferred maintenance.
Pros & Cons

Pros

New Construction ADU: Features a rare, newly constructed 3-bed/3.5-bath ADU with private ensuites, significantly enhancing property value and utility.
Exceptional Income Generation: Offers diverse rental strategies (long-term, mid-term, short-term) with high estimated rental incomes, including DSCR loan eligibility, making it a strong investment.
Flexible Living Arrangements: Ideal for multi-generational living, owner-occupants seeking rental income, or pure investors, providing broad market appeal.
Prime Location & Amenities: Situated on a quiet street with mountain views, offering convenient access to parks, top schools, shopping, dining, and major freeway access.
Unique Market Offering: The combination of a main house and a new, large, well-appointed ADU is explicitly stated as rare in the market, setting it apart from competitors.

Cons

Age of Main House: The main house was built in 1948, suggesting potential for older systems, maintenance needs, or a dated aesthetic compared to the new ADU.
Recent Price Reduction: A significant price drop from $1.6M to $1.488M indicates potential overpricing or difficulty in attracting buyers at the original asking price.
Potential for Disparity in Unit Condition: The stark contrast between a 1948 main house and a new construction ADU may lead to differing levels of modernization, requiring potential updates to the older unit for consistency.

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