
Monrovia, California 91016
This Turnkey Duplex represents a High-Potential Investment Opportunity, listed at $1,298,888—positioned well below the $1,325,573 Fair Market Value by 2%. This valuation gap offers $26,685 in Instant Equity. With a Mint Condition Rating, both detached units feature new roofs, central HVAC, and modern finishes. Located in the Monrovia Unified district near Arcadia High School (9/10), this property offers exceptional flexibility for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, move-in-ready asset with private garages and independent utilities.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 308 Jeffries Avenue Subject | $1,198,888* List Price | 5 | 3 | 1,978 | $637 | - |
A 348 Shrode Avenue Active | $1,450,000 List Price | 6 | 4 | 2,229 | $651 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite the 1949 build date, the property has undergone extensive recent renovations (likely <5 years) including a modern kitchen with stainless steel appliances, updated bathrooms, and refinished flooring. Critical systems are updated with new roofs and central HVAC for both units, meeting the criteria for mint condition.
High School: Arcadia High School (9/10).
The property features two completely detached homes on a single lot, both delivered vacant, offering exceptional flexibility for multi-generational living or immediate rental income generation.
Both residences boast significant recent improvements, including new roofs, central HVAC systems, and remodeled kitchens and bathrooms, ensuring a move-in-ready experience for the buyer.
With a list price near $1.3 million for under 2,000 total square feet, the property commands a high price-per-square-foot that may challenge some appraisal valuations.
Despite extensive remodeling, the 1949 construction year suggests that some underlying structural or plumbing elements may still reflect the age of the original build.
Rare opportunity to own two detached homes on one lot, both delivered vacant, in the highly desirable Mayflower Village neighborhood. Whether you're looking for a multigenerational living arrangement, rental income, or the perfect owner-occupant opportunity, this unique property offers exceptional flexibility. The front home features 2 bedrooms, 1 bathroom, and approximately 763 square feet of living space. It has been freshly painted, and offers a beautifully remodeled bathroom, newly refinished original oak hardwood floors, a new roof, central HVAC, and a spacious private backyard. The rear home is even more impressive, offering 3 bedrooms, 2 bathrooms, and approximately 1,215 square feet. Beautifully remodeled throughout, it features an upgraded kitchen, updated bathrooms, a separate laundry area, a new roof, central HVAC, and a spacious private backyard. The rear home is fully gated with an automatic electric gate, providing added privacy, security, and convenience. Each home has its own meters, private driveways and garages, eliminating the inconvenience of having to move vehicles to access the property. Ideally located near shopping, dining, parks, Old Town Monrovia, and everything Monrovia and the surrounding communities have to offer. Enjoy convenient freeway access while being tucked away in a quiet neighborhood without the freeway noise. This is a truly rare opportunity to own a versatile, move-in-ready property in one of the San Gabriel Valley's most sought-after neighborhoods.
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades K-5 • 0.7 mi
Grades K-5 • 2.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 2.9 |
| Baths | 3.0 | 2.1 |
| Square foot | 1,978 | 1,626 |
| Lot Size | 9,458 | 8,274 |
| Price | $1.20M | $1.16M |
| Price per sq ft | $606 | $706 |
| Built year | 1949 | 1925 |
| HOA | $0 | $0 |
| Days on market | 34 | 70 |
Aug 29, 2026
$1,198,888
$1,298,888
-8% Price Drop
Initial Listing
Aug 6, 2026
$1,298,888
Initial Listing
Sep 30, 2016
$685,000
Public Record