422 Almond Avenue, Monrovia, California 91016, Monrovia, 91016 - 5 bed, 4 bath

422 Almond Avenue, Monrovia, California 91016 home-pic-0
ACTIVE$1,750,000
422 Almond Avenue, Monrovia, California 91016
5Beds
4Baths
732Sqft
7,097Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Dual-Unit & Income Potential: Features two newly constructed, never-occupied units (3B/2B front, 2B/2B rear), offering significant flexibility for multi-generational living or substantial rental income potential as a Residential Income property.
Top Cons:
Square Footage Discrepancy: The listed square footage (732 sqft) significantly contradicts the detailed description of two units totaling approximately 2,575 sqft, which could cause confusion or misrepresentation.

Compared to the nearby listings

Price:$1.75M vs avg $976.0K (+$774,000)79%
Size:732 sqft vs avg 1,890 sqft7%
Price/sqft:$2.4K vs avg $57793%

More Insights

Built in 1906 (119 years old).
Condition: Despite the original 1906 build year, the property description explicitly states 'Both homes are newly constructed and have never been occupied.' This indicates a complete rebuild or extensive renovation to current standards. The images confirm this, showcasing modern, high-quality finishes throughout, including stylish kitchens with quartz countertops and new appliances, contemporary bathrooms with designer tiles and vanities, consistent wood-look flooring, recessed and custom lighting, and modern heating/cooling systems (e.g., visible mini-split and tankless water heater). All components appear new or virtually new, meeting current quality standards with no deferred maintenance.
Year Built
1906
Close
-
List price
$1.75M
Original List price
$1.75M
Price/Sqft
$2,391
HOA
-
Days on market
-
Sold On
-
MLS number
OC25177936
Home ConditionExcellent
Features
View-

About this home

This remarkable property features a 3-bedroom, 2-bathroom front house, complemented by a 2-bedroom, 2-bathroom unit located directly behind it. Both homes are newly constructed and have never been occupied, making them an ideal choice for a fresh start in a welcoming family neighborhood. The front house is designed with high ceilings, custom lighting, and stylish flooring, and it comes equipped with all necessary appliances, enhancing convenience and comfort. Spanning 1,775 square feet, it offers ample space. Meanwhile, the rear unit, just under 800 square feet, provides additional living options or can serve as a rental opportunity. Situated on a secure, gated 7,100 square foot lot, this property presents various possibilities. Whether you're looking for an expanded family home or want to rent out the back unit to help cover living expenses, this property is a fantastic investment. With countless advantages at your disposal, it truly stands out as a remarkable opportunity!

Condition Rating
Excellent

Despite the original 1906 build year, the property description explicitly states 'Both homes are newly constructed and have never been occupied.' This indicates a complete rebuild or extensive renovation to current standards. The images confirm this, showcasing modern, high-quality finishes throughout, including stylish kitchens with quartz countertops and new appliances, contemporary bathrooms with designer tiles and vanities, consistent wood-look flooring, recessed and custom lighting, and modern heating/cooling systems (e.g., visible mini-split and tankless water heater). All components appear new or virtually new, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Dual-Unit & Income Potential: Features two newly constructed, never-occupied units (3B/2B front, 2B/2B rear), offering significant flexibility for multi-generational living or substantial rental income potential as a Residential Income property.
Brand New Construction: Both homes are newly constructed and have never been occupied, implying modern building standards, systems, and finishes, minimizing immediate maintenance and upgrade needs for a buyer.
Modern Interior Finishes: The front house boasts high ceilings, custom lighting, stylish flooring, and comes equipped with all necessary appliances, providing a move-in ready and contemporary living experience.
Secure & Gated Lot: Situated on a secure, gated 7,100 square foot lot, enhancing privacy, safety, and offering usable outdoor space for residents.
Versatile Living Options: The property's configuration allows for diverse uses, from an expanded family home to multi-generational living, or owner-occupancy with rental income, broadening its market appeal.

Cons

Square Footage Discrepancy: The listed square footage (732 sqft) significantly contradicts the detailed description of two units totaling approximately 2,575 sqft, which could cause confusion or misrepresentation.
Lack of Specific Luxury Amenities: While updated, the description lacks details on specific high-end finishes (e.g., premium countertops, custom cabinetry) or advanced smart home technology that might be expected at this price point.
Unspecified Cooling System: The property description does not mention the presence or type of cooling system (e.g., central air conditioning), which is a critical comfort feature in the California climate.

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