
Monrovia, California 91016
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $950,000—positioned well below the $1,009,350 Fair Market Value by 5%. This valuation gap offers $59,350 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home includes modern upgrades like fully paid solar panels, a newer 4-ton AC, and a granite kitchen. With a large 7,455 sqft lot offering ADU potential, this property is ideal for Owner-Occupants or first-time buyers seeking a move-in ready home in the Monrovia Unified district.
Move-in ready 3BR/2BA Monrovia home with solar, AC, and ADU potential. Listed at $950k, offering instant equity. Near Old Town and top-rated schools.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 269 N Alta Vista Subject | $900,000* List Price | 3 | 2 | 1,402 | $678 | - |
A 375 N Canyon Boulevard Sold | $980,000 | 3 | 2 | 1,303 | $752 | 0.7 mi |
B 636 W Lime Avenue Sold | $1,151,000 | 3 | 2 | 1,653 | $696 | 0.7 mi |
C 339 N Ivy Sold | $1,060,000 | 3 | 2 | 1,741 | $609 | 0.5 mi |
D 128 N Ivy Sold | $1,120,000 | 3 | 2 | 1,700 | $659 | 0.6 mi |
E 431 Highland Active | $1,099,000 List Price | 3 | 2 | 1,368 | $803 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1947, the property has undergone significant system updates including a newer 200-amp electrical panel, 4-ton AC, solar panels, and dual-pane windows. The kitchen is functional and move-in ready with newer granite countertops and stainless steel appliances, though some finishes like the cabinetry and wood paneling appear dated (10-20 year range).
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7455, living area = 1402.
The property features significant high-value upgrades including fully paid solar panels, a newer 4-ton AC system, and an upgraded 200-amp electrical panel, offering immediate utility savings and infrastructure reliability.
Situated in a highly desirable Monrovia pocket just half a block from Mayflower Elementary and minutes from Old Town, this home offers exceptional walkability and a strong sense of community.
With 1,402 square feet divided among three bedrooms and a family room, the interior layout may feel somewhat confined for families requiring larger individual room dimensions.
Built in 1947, the home may still possess age-related characteristics such as limited closet space or original sub-surface utility lines that were not specified as updated.
Located in one of Monrovia’s most desirable neighborhoods, this beautifully maintained 3-bedroom, 2-bathroom home offers comfort, character, and the kind of lifestyle that makes this community so special. Natural light fills the inviting front living room, where hardwood floors, recessed lighting, newer dual-pane windows, and a classic wood-burning fireplace create a warm and welcoming first impression. The kitchen features granite countertops, a tile backsplash, recessed lighting, newer stainless steel appliances, and opens seamlessly to the dining area, where peek-a-boo mountain views add to the home’s charm. Hardwood flooring continues throughout all three spacious bedrooms, each finished with recessed lighting for a clean, modern feel. At the back of the home, a generous family room offers the perfect space to gather with friends, host holiday celebrations, or simply unwind after a long day. The home has been updated with comfort and efficiency in mind, including newer dual-pane windows, a newer 4-ton AC, a 200-amp electrical panel, and fully paid solar panels. A dedicated laundry room with a newer washer and dryer provides added convenience. Outside, the backyard offers space to enjoy today while leaving room to dream about tomorrow. A covered patio with wood decking creates a great setting for weekend barbecues and outdoor dining, while the expansive yard offers excellent potential for a pool, an ADU, or a custom backyard retreat. Two storage sheds provide plenty of additional space, including one with electricity that’s ideal for a workshop, creative studio, or hobby room. The location is hard to beat. Situated just a half block from Mayflower Elementary School and only minutes from the restaurants, cafés, shops, and year-round community events of Old Town Monrovia, you’ll also enjoy easy access to nearby hiking trails and everything the San Gabriel foothills have to offer. Homes in this neighborhood are always in demand because they offer more than just a place to live—they offer a true sense of community. If you’ve been waiting for a home where you can move in, make memories, and enjoy everything Monrovia has to offer for years to come, this is an opportunity you won’t want to miss.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,402 | 1,597.5 |
| Lot Size | 7,455 | 6,494 |
| Price | $900.0K | $1.13M |
| Price per sq ft | $642 | $692 |
| Built year | 1947 | 1957 |
| HOA | $0 | $180 |
| Days on market | 41 | 48 |
Jun 25, 2026
$900,000
$950,000
-5% Price Drop
Initial Listing
Jun 11, 2026
$950,000
Initial Listing