402 Lotone Street, Monrovia, California 91016, Monrovia, 91016 - 0 bed, 0 bath
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Monrovia, California 91016
This Turnkey Single Family Residence is a High-Potential Investment Opportunity, listed at $1,149,000—positioned slightly above the $1,134,643 Fair Market Value. While the price reflects a premium, the property features a Mint Condition Rating with high-end quartz countertops and a versatile attached JADU for rental income. Nestled in a woodsy setting with breathtaking mountain views, this home offers a unique lifestyle blend of tranquility and utility. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in-ready property with built-in income potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 402 Lotone Street Subject | $1,099,000* List Price | 0 | 0 | 1,402 | $784 | - |
A 328 N. Alta Vista Ave Sold | $1,239,000 | 3 | 3 | 1,615 | $767 | 0.2 mi |
B 149 Grand Avenue Sold | $1,100,000 | 3 | 2 | 1,281 | $859 | 1.0 mi |
C 159 N Lincoln Sold | $1,275,000 | 3 | 2 | 1,783 | $715 | 0.9 mi |
D 375 N Canyon Boulevard Sold | $980,000 | 3 | 2 | 1,303 | $752 | 0.7 mi |
E 376 Hill Street Sold | $1,249,000 | 3 | 2 | 1,745 | $716 | 0.8 mi |
F 128 N Ivy Sold | $1,120,000 | 3 | 2 | 1,700 | $659 | 0.8 mi |
G 145 N Encinitas Avenue Sold | $1,185,000 | 3 | 2 | 1,200 | $988 | 0.7 mi |
H 333 Heather Heights Court Pending | $989,000 List Price | 3 | 2 | 1,289 | $767 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive recent remodel (likely within the last 5 years) featuring a modern kitchen with quartz countertops, fully redone bathrooms with custom vanities, new flooring, and recessed lighting. Exterior photos show updated windows and a mini-split HVAC system, indicating the home is in mint, move-in-ready condition.
The inclusion of an attached Junior Accessory Dwelling Unit (JADU) with its own separate entrance provides excellent flexibility for rental income, guest quarters, or a private home office.
The property features high-end contemporary updates, including quartz countertops, stainless steel appliances, and a master retreat with custom vanities, offering a move-in-ready experience.
Nestled in a woodsy Monrovia neighborhood with mountain views and proximity to hiking trails, the home offers a tranquil, 'getaway' lifestyle while maintaining suburban convenience.
The property was recently sold within the past year on 2025-07-16. The sold price is $800,000.00. The property was recently sold within the past year on 2025-07-15. The sold price is $775,000.00.
With 71 days on the market and two significant price reductions from the original $1.249M listing, the property is currently struggling to find its market value equilibrium.
At 1,402 total square feet split between the main house and the JADU, the individual living spaces may feel cramped for buyers expecting more volume at this price point.
Nestled in a woodsy setting and surrounded by breathtaking mountain views, this beautifully remodeled 2 bedroom 2 bath with an attached jadu offers the perfect blend of comfort, nature, and versatility. Thoughtfully updated with modern finishes, the main residence features an open and inviting layout, abundant with natural light, and a seamless connection to the attached jadu and outdoors. The beautiful kitchen has been finished with quartz countertops, stainless steel microwave and range overlooking the living room with a cozy fireplace that is perfect for entertaining. Separate laundry area with access to the backyard. The master bedroom has casement windows and the master bath will have you feeling like you are at your own private retreat. Down the hall is the 2nd bedroom also with casement windows and next to the main bath which has also been beautifully redone with double custom vanities. The attached jadu adds incredible value and flexibility ideal for extended family, creative space, guests or rental income with access from the inside of the main house and its own separate entrance as well. Step outside to the newly landscaped yard and immerse yourself in nature, with scenic hiking trails just moments away and a peaceful, environment all around. This is more than a home-it's a lifestyle, where tranquility meets convenience and everyday feels like a getaway.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 3.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 1,402 | 1,597.5 |
| Lot Size | 6,841 | 6,494 |
| Price | $1.10M | $1.13M |
| Price per sq ft | $784 | $692 |
| Built year | 1953 | 1957 |
| HOA | $0 | $180 |
| Days on market | 112 | 48 |
Jul 1, 2026
$1,099,000
$1,149,000
-4% Price Drop
Initial Listing
May 29, 2026
$1,149,000
$1,190,000
-3% Price Drop
Initial Listing
Apr 18, 2026
$1,190,000
$1,249,000
-5% Price Drop
Initial Listing
Apr 1, 2026
$1,249,000
Initial Listing
Jul 16, 2025
$800,000
Public Record
Jul 15, 2025
$775,000
Public Record