
Monrovia, California 91016
This Residential Income Duplex represents a High-Potential Investment Opportunity, listed at $2,050,000—positioned well below the $2,141,438 Fair Market Value by 4%. This valuation gap offers $91,438 in Instant Equity. Featuring a Condition Rating of 3, the property includes a permitted junior ADU, central HVAC, and solar panels. Its versatile three-unit configuration and prime North Monrovia location ensure strong rental demand. This asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking multi-generational living with income potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 400 Prospect Avenue Subject | $2,050,000* List Price | 6 | 4 | 4,208 | $509 | - |
A 136 Madeline Sold | $1,900,000 | 6 | 9 | 3,678 | $517 | 0.6 mi |
B 768 Ridgeside Sold | $1,563,000 | 5 | 3 | 2,540 | $615 | 0.6 mi |
C 136 Madeline Sold | $1,900,000 | 0 | 0 | 3,678 | $517 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1946, the property is well-maintained and functional with significant updates. Key features include central HVAC throughout, solar panels, and dual-pane windows. The interior shows well-kept hardwood floors and crown molding, and the presence of a permitted junior ADU suggests professional renovations within the 10-20 year range, making it move-in ready.
The property features two full residences plus a permitted junior ADU, providing a rare three-unit configuration ideal for high-yield rental income or multi-generational living.
Situated on a large corner lot in a highly desirable, established neighborhood near Old Town and the foothills, ensuring strong long-term appreciation and tenant demand.
With 4,208 square feet of living space and central HVAC throughout, the property offers a scale and comfort level rarely found in multi-unit residential income properties.
Originally built in 1946, the property may require ongoing maintenance or costly updates to aging systems typical of homes from this era.
The $2.05 million price point represents a significant capital entry requirement, which may limit the pool of qualified buyers compared to standard duplexes in the area.
Rare North Monrovia offering: a 1946 two-story home with two full residences plus a permitted junior ADU, 4,208 sq ft of living space on a 10,451 sq ft corner lot at Prospect Ave and Hill St. The 2,338 sq ft upper residence features three bedrooms, two baths, a spacious family room, and an ante room at its center. The 1,870 sq ft lower residence offers a bedroom, full bath, family room, kitchen with island, dedicated laundry room, and a large storage room. The 455 sq ft junior ADU on the lower level has its own private entrance, kitchen, den, bedroom, and three-quarter bath — ideal for extended stays or rental income. Central heat and air throughout. Outside, the property offers a detached two-car garage, carport, covered patio, and mature landscaping with a fountain. Live in one residence and rent the others, house multiple generations under one roof, or hold as an income property in one of Monrovia's most established neighborhoods, minutes from Old Town and the foothills.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 2.9 |
| Baths | 4.0 | 2.1 |
| Square foot | 4,208 | 1,626 |
| Lot Size | 10,451 | 8,274 |
| Price | $2.05M | $1.16M |
| Price per sq ft | $487 | $706 |
| Built year | 1946 | 1925 |
| HOA | $0 | $0 |
| Days on market | 48 | 70 |
Jul 23, 2026
$2,050,000
Initial Listing
Aug 13, 2003
$675,000
Public Record