373 Norumbega, Monrovia, California 91016, Monrovia, 91016 - 2 bed, 1 bath
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Monrovia, California 91016
This property presents a High-Potential Investment Opportunity with a List Price of $820,000—positioned well below the $851,557 Fair Market Value by 3%. This valuation gap offers $31,557 in Instant Equity for buyers. Featuring a Condition Rating of 5, this heavy fixer requires a full interior rehab, yet provides a valuable foundation with an existing pool and covered patio. Located in a desirable area of Monrovia, this is a strategic acquisition ideal for Fix-and-Flip Investors or Contractors seeking significant value-add potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 373 Norumbega Subject | $820,000* List Price | 2 | 1 | 1,129 | $754 | - |
A 225 Madeline Drive Sold | $865,000 | 3 | 2 | 1,106 | $782 | 0.3 mi |
B 444 N Myrtle Ave Sold | $933,248 | 2 | 1 | 1,060 | $880 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1950 and explicitly marketed as a 'heavy fixer' for investors, this property requires a full interior rehab. The kitchen is significantly dated with older tile and cabinetry, and while the electrical panel shows some updates, the overall age and description indicate substantial renovation is needed to meet modern standards.
Situated in a highly desirable neighborhood north of Foothill in Monrovia, the property offers significant long-term value and appeal in a quiet, sought-after residential area.
As a 'heavy fixer' with appealing frontage, this property presents a blank canvas for investors or visionary buyers to renovate, restore, or completely reimagine the space for a high return on investment.
The backyard includes a pool and a covered area, providing a valuable foundation for an outdoor entertainment space that would be costly to install from scratch.
The property is classified as a heavy fixer and is being sold as a trust sale, indicating it will require a substantial capital injection and oversight to address its current condition.
With only 2 bedrooms and 1 bathroom across 1,129 square feet, the current footprint may be restrictive for modern buyer expectations and family needs without an expansion.
Calling all investors and buyers with vision. This cosmetic fixer offers 2 bedrooms, 1 bathroom, a step-down family room, and a step-down dining room on a quiet street with appealing frontage. Backyard has a pool and covered area. Located in a highly desirable area north of Foothill in Monrovia, this property presents a great opportunity to renovate, restore, or reimagine. Trust sale. Trustee has never lived on the property.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 3.0 |
| Square foot | 1,129 | 1,597.5 |
| Lot Size | 6,093 | 6,494 |
| Price | $820.0K | $1.13M |
| Price per sq ft | $726 | $692 |
| Built year | 1950 | 1957 |
| HOA | $0 | $180 |
| Days on market | 19 | 48 |
Jul 3, 2026
$820,000
Initial Listing