
Monrovia, California 91016
This Turnkey Single Family Residence is listed at $1,250,000, reflecting a premium price point relative to its $1,080,107 Fair Market Value. While the property commands a higher list price, it offers an Excellent Condition Rating following a comprehensive modern renovation. The standout feature is the 764 sq. ft. detached city-permitted recreation room, providing exceptional flexibility for a home office or studio. With a paid-off solar system and prime location near Old Town Monrovia, this property is an ideal match for Owner-Occupants or first-time buyers seeking a move-in ready lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 339 S Madison Subject | $1,250,000* List Price | 2 | 1 | 939 | $1,150 | - |
A 340 W Lime Sold | $925,000 | 2 | 1 | 904 | $1,023 | 0.7 mi |
B 703 S Primrose Avenue Active Under Contract | $899,000 List Price | 2 | 2 | 936 | $960 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive modern renovation within the last 5 years, featuring a contemporary kitchen with quartz countertops, remodeled bathrooms, updated flooring, and significant system upgrades including electrical, plumbing, mechanical, and a paid-off solar system.
The 764 sqft city-permitted recreation room with a bathroom offers exceptional flexibility for a home office, studio, or potential ADU conversion, nearly doubling the functional square footage.
The property features a beautifully remodeled interior and a fully paid-off solar system, providing immediate move-in readiness and significant long-term utility savings.
Situated in a highly desirable neighborhood near Old Town Monrovia, the home offers excellent proximity to dining, shopping, Metro access, and the 210 freeway.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 939, other record living area = 1439. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 4.
The primary residence is relatively small at 939 square feet with only two bedrooms and one bathroom, which may be restrictive for growing families.
At a list price of $1.25M, the property commands a premium price point that may be challenging for buyers focused on the square footage of the main dwelling alone.
Welcome to 339 S. Madison Avenue, a beautifully remodeled home in one of Monrovia’s most desirable neighborhoods, offering modern upgrades, exceptional flexibility, and outstanding long-term value. The main residence has been thoughtfully renovated with contemporary finishes while preserving its timeless character. An open and inviting layout, updated kitchen, remodeled bathrooms, and abundant natural light create a move-in-ready home designed for comfortable California living. A standout feature of the property is the detached, city-permitted recreation room with a bathroom, offering approximately 764 square feet of versatile bonus space. This detached structure is ideal for a home office, art or music studio, fitness room, media room, hobby space, creative workspace, or private retreat. Its flexibility makes it an exceptional extension of the home while allowing buyers to envision countless lifestyle possibilities. Additional improvements over the years include permitted building, electrical, plumbing, and mechanical upgrades, reflecting continued investment in the property. Outside, enjoy a spacious backyard perfect for entertaining, gardening, or relaxing, along with a paid-off solar system that helps reduce long-term utility costs. Located just minutes from Old Town Monrovia, there are parks, hiking trails, restaurants, shopping, Metro access, and the 210 Freeway, this home offers the perfect combination of neighborhood charm and everyday convenience. Whether you’re searching for a beautifully updated primary residence, a home with substantial flexible bonus space, or a property with long-term upside in one of the San Gabriel Valley’s most sought-after communities, 339 S. Madison Avenue is a rare opportunity not to be missed. Property Highlights * Beautifully remodeled main residence * Detached city-permitted recreation room (approximately 764 sq. ft.) * Extensive permitted improvements completed over multiple years * Paid-off solar system * Spacious private lot * Quiet residential neighborhood * Close to Old Town Monrovia, parks, shopping, dining, Metro, and the 210 Freeway * Move-in ready Buyer is advised to independently verify square footage, permits, room uses, and any intended future use of the property.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.3 |
| Square foot | 939 | 1,543.214 |
| Lot Size | 6,365 | 7,202.929 |
| Price | $1.25M | $1.10M |
| Price per sq ft | $1.3K | $721 |
| Built year | 1938 | 1952 |
| HOA | $0 | $259 |
| Days on market | 8 | 53 |
Sep 1, 2026
$1,250,000
Initial Listing
May 3, 2021
$950,000
Public Record