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

2451 Graydon Avenue, Monrovia, California 91016 home-pic-0
ACTIVE$1,488,000
2451 Graydon Avenue, Monrovia, California 91016
0Bed
0Bath
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
WS25181574
Home ConditionExcellent
Features
Good View: Neighborhood
ViewNeighborhood

About this home

We found 3 Cons,5 Pros. Rank: price - $1.49M(86th), sqft - 2684(90th), beds - undefined(1th), baths - undefined(1th).

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%
08/14/25
Listing
$1,600,000
Condition Rating
Excellent

The property features a newly constructed ADU (Accessory Dwelling Unit) as explicitly stated in the description and evidenced by the provided images. The ADU's interior showcases a modern, fully renovated kitchen with new white shaker cabinets, quartz countertops, and stainless steel appliances. Bathrooms are also new with contemporary vanities and glass-enclosed showers. Flooring throughout the ADU is new, light-colored LVP/laminate, and lighting consists of modern recessed LEDs. All visible components in the ADU are new or virtually new, meeting current quality standards. While the main house was built in 1948, the significant addition of a brand-new, high-quality ADU elevates the overall property's condition to excellent, offering move-in ready, modern living spaces.
Pros & Cons

Pros

Income-Generating Potential: The property features a new construction 3-bed/3.5-bath ADU, offering significant rental income opportunities (long-term, mid-term, and short-term rentals allowed in Monrovia), making it highly attractive for investors and owner-occupants seeking mortgage assistance.
Versatile Living Arrangements: With a main house and a separate ADU, the property is ideal for multi-generational families or those desiring flexible living, providing two distinct residences with ample space and privacy.
Rare New Construction ADU: The newly built, spacious ADU (1,198 SF) with private ensuites for each bedroom is a rare find in the market, significantly enhancing its appeal and rental potential.
Desirable Location: Situated on a quiet street with mountain views, the property offers proximity to parks, good schools, shopping, dining, and easy freeway access (210 Fwy) in trendy Uptown Monrovia.
DSCR Loan Eligibility: The strong estimated rental income may qualify the property for a DSCR loan, allowing the rental income to potentially cover mortgage payments, a significant advantage for investors.

Cons

Age of Main House: The main house was built in 1948, suggesting it may require updates or maintenance to align with the new construction ADU, potentially incurring additional costs for a buyer.
Price Reduction: The property has undergone a price reduction from its original list price, which might prompt questions from potential buyers regarding its market value or previous lack of offers.
Duplex Management Complexity: While offering income, managing a duplex with multiple tenants or different rental strategies (long-term vs. short-term) can be more complex and time-consuming than a single-family residence.

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