305 E Camino Real, Monrovia, California 91016, Monrovia, 91016 - 4 bed, 2 bath
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305 E Camino Real
Monrovia, California 91016
ACTIVE
CONDITION: EXCELLENT
4Beds
2Baths
1,383Sq Ft
9,240Lot Size
Property Price
LIST PRICE$1,750,000
EST. MARKET VALUE
$1,675,956
4% AboveMARKET VALUE
SUMMARY
This High-Potential Investment Opportunity is listed at $1,750,000, positioned slightly above the $1,675,956 Fair Market Value. Featuring a Mint Condition Rating with a 2022-built ADU and updated main residence, this property offers Dual-Income Potential through its 8-bedroom, 4-bathroom configuration and separate utility meters. With Solar Panels and a large 9,240 sq. ft. corner lot, the asset provides modern efficiency and privacy. This property is an ideal acquisition for Buy-and-Hold Investors or Extended Families seeking a turnkey, income-generating multi-generational living arrangement in the Monrovia Unified School District.
Estimated Market Value
$1,675,956
Based on Realkey algorithm analyzing recent comparable sales in Monrovia.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 305 E Camino Real Subject | $1,750,000* List Price | 4 | 2 | 1,383 | $1,212 | - |
A 2346 1/2 Fairgreen Avenue Active | $1,790,000 List Price | 6 | 3 | 1,850 | $968 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property consists of a main residence fully updated in 2022 and a brand-new ADU constructed in 2022. Since both units feature renovations and construction less than 5 years old, along with modern systems like solar panels and separate utility meters, it meets the criteria for mint condition with no maintenance required.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9240, living area = 1383.
- Dual-Income Potential
The property features two separate residences with a total of 8 bedrooms and independent utility meters, offering significant rental income potential or a perfect multi-generational living arrangement.
- Modern Infrastructure & Efficiency
With a newly built ADU from 2022, a recently updated main house, and solar panels, the property offers modern living standards with reduced energy costs and minimal immediate maintenance.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =9240, other record lot size in square feet = 9125. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1383, other record living area = 2582. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 8.
- High Bedroom Density
With 8 bedrooms distributed across approximately 2,582 total square feet, individual room sizes and common living areas are likely to be quite small and potentially cramped.
- Premium Price Point
The $1.75 million asking price represents a significant investment for the square footage provided, which may limit the buyer pool to specialized investors or large families.
About 305 E Camino Real
Income-Producing Property with Two Separate Residences in Monrovia! This unique property features two well-maintained homes on a 9,240 sq. ft. corner lot. The ADU fronting on a separate street. The main residence at 305 E. Camino Real offers 4 bedrooms, 2 bathrooms, and 1,383 sq. ft. Built in 1950 and updated in 2022. The separate ADU at 2316 Redell St., built in 2022, offers 4 bedrooms, 2 bathrooms, and 1,199 sq. ft. Separated gas, water, and electric meters, Two 2-car detached garages. Solar Panels. The combined 8 bedrooms and 4 bathrooms can generate strong monthly rental income. This property is an excellent opportunity for investors, extended families, or buyers seeking income potentials. Monrovia Unified School.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1949
- Lot Size
- 9,240 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.3 |
| Square foot | 1,383 | 1,543.214 |
| Lot Size | 9,240 | 7,202.929 |
| Price | $1.75M | $1.10M |
| Price per sq ft | $1.3K | $721 |
| Built year | 1949 | 1952 |
| HOA | $0 | $259 |
| Days on market | 8 | 53 |
Pricing History
Listed for Sale
Sep 1, 2026
$1,750,000
Initial Listing
Sold
Aug 10, 2021
$815,000
Public Record