305 S Mayflower Avenue, Monrovia, California 91016, Monrovia, 91016 - 2 bed, 1 bath
305 S Mayflower Avenue
Monrovia, California 91016
Property Price
SUMMARY
Analysis of 305 S Mayflower Avenue, Monrovia, California 91016 reveals a Prime Investment Opportunity with a current list price of $749,000—significantly undercutting the $798,298 Fair Market Value by 6%. This valuation gap indicates a +$49,298 Instant Equity potential for buyers. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Monrovia Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 305 S Mayflower Avenue Subject | $749,000* List Price | 2 | 1 | 912 | $875 | - |
A 846 W Hillcrest Boulevard Sold | $950,000 | 2 | 2 | 960 | $990 | 0.6 mi |
B 324 Fowler Drive Sold | $898,000 | 2 | 1 | 1,116 | $805 | 0.3 mi |
C 421 W Colorado Boulevard Sold | $875,000 | 3 | 2 | 1,136 | $770 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1950, this property is a well-maintained but dated vintage home. While it features classic hardwood flooring and a functional layout, the kitchen and bathroom show signs of age with older cabinetry, tile work, and standard appliances that lack modern updates. The listing itself identifies 'vintage infrastructure' as a weakness, indicating that while the home is livable, it requires cosmetic modernization and potential system upgrades to meet current 'Good' or 'Excellent' standards.
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 = 7345, living area = 912.
- Prime Location
Situated in a highly desirable North Monrovia neighborhood, the property is just blocks from Old Town's vibrant shopping, dining, and highly regarded schools.
- ADU & Expansion Potential
The generous 7,345 square foot lot features an expansive backyard, providing an excellent opportunity for building an Accessory Dwelling Unit (ADU) or expanding the existing footprint.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7345, other record lot size in square feet = 18766. Living area discrepancy between mls listing and other public or private record. mls listing living area = 912, other record living area = 2306. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
- Limited Living Square Footage
At only 912 square feet with a 2-bedroom, 1-bathroom configuration, the interior space may be too restrictive for larger families or those seeking modern master suites.
- Vintage Infrastructure
Built in 1950, the home may require significant capital investment for system upgrades or cosmetic modernizations to meet current market standards.
About 305 S Mayflower Avenue
Tucked on a generous lot in a desirable North Monrovia neighborhood, 305 S. Mayflower Ave presents a great opportunity in a prime location. Upon entry, you're welcomed into a spacious living room filled with natural light from large windows, creating a bright and inviting atmosphere. A designated dining area sits just off the living room and flows into the kitchen, which offers ample storage and convenient laundry hookups nearby. Toward the rear of the home, two comfortable bedrooms overlook the backyard and share a hallway bathroom with a shower-over-tub combination. Connecting the home to the detached two-car garage is an additional built-out space, ideal for a sitting area, home office, creative studio, or extra storage. The expansive backyard offers tremendous potential, whether you envision hosting gatherings, building an ADU, tending to a vegetable garden, or simply enjoying the Southern California sunshine. Located just blocks from Old Town Monrovia, highly regarded schools, and a variety of shopping and dining options, this home blends suburban comfort with everyday convenience.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1950
- Lot Size
- 7,345 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 20% |
| Baths | 1.0 | 2.0 | 22% |
| Square foot | 912 | 1,511 | 5% |
| Lot Size | 7,345 | 7,377.5 | 50% |
| Price | $749.0K | $1.02M | 6% |
| Price per sq ft | $821 | $703 | 79% |
| Built year | 1950 | 1949 | 59% |
| HOA | $0 | $0 | 50% |
| Days on market | 3 | 157 | 2% |
Pricing History
Listed for Sale
Mar 3, 2026
$749,000
Initial Listing
Sold
Nov 15, 2019
$1,120,000
Public Record
Sold
Feb 20, 2018
$920,000
Public Record