526 E Olive Avenue A, Monrovia, California 91016, Monrovia, 91016 - 0 bed, 0 bath
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Monrovia, California 91016
This versatile duplex is listed at $1,350,000, positioned near its $1,304,098 Fair Market Value to reflect its high-demand location. With a Condition Rating of 4, the property is well-maintained but offers significant value-add potential through interior modernization. The standout feature is the massive 12,714 sqft lot, providing rare space for expansion or an ADU. Boasting Mountain Views, separate utility meters, and proximity to Monrovia Unified schools, this asset is perfectly suited for Owner-Occupants looking to house-hack or Buy-and-Hold Investors seeking long-term appreciation in a walkable neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 526 E Olive Avenue A Subject | $1,350,000* List Price | 0 | 0 | 1,601 | $815 | - |
A 311 W Walnut Avenue Sold | $1,550,000 | 0 | 0 | 1,742 | $890 | 0.8 mi |
B 717 S Magnolia Avenue Sold | $1,550,000 | 0 | 0 | 1,964 | $789 | 0.7 mi |
C 244 E Lime Active | $980,000 List Price | 4 | 2 | 1,480 | $662 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is well-maintained but shows significant signs of age consistent with its 1959 construction. While there are some updates like newer vinyl plank flooring in the kitchen and dining areas, the kitchen features dated wood cabinetry and vintage appliances. The interior includes older wall heaters and popcorn ceilings, and the overall aesthetic requires modernization to meet current market standards. It is move-in ready but lacks recent comprehensive renovations.
Situated just moments from Old Town Monrovia, the property offers exceptional access to local dining, shopping, and community events, ensuring high tenant demand and long-term desirability.
Both units feature separate meters for gas, electricity, and water, which significantly reduces landlord overhead and simplifies management for investors.
The generous 12,714 square foot lot provides rare outdoor space and presents a significant opportunity for future expansion or the addition of an Accessory Dwelling Unit (ADU).
With a construction date of 1959, the property may require capital improvements or updates to major systems to maintain competitiveness and efficiency.
The 2-bedroom, 1-bathroom configuration per unit may limit appeal for modern families or high-end renters who typically prefer a second bathroom.
Exceptional duplex opportunity in the heart of Monrovia, just moments from vibrant Old Town, local shops, dining, and the public library. This well-located property features two separate units, each with 2 bedrooms and 1 bathroom, and each with its own light, gas, and water meters, making it ideal for both investors and owner-occupants seeking flexibility and long-term value. Enjoy the charm of a walkable neighborhood, with easy access to everything Monrovia has to offer—from weekend farmers markets to cozy cafés and community events. The location provides strong rental appeal and consistent tenant demand. Whether you’re looking to live in one unit and rent the other, expand your investment portfolio, or secure a property in one of the San Gabriel Valley’s most desirable communities, this duplex presents that charm.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,601 | 2,024 | 13% |
| Lot Size | 12,714 | 8,000 | 80% |
| Price | $1.35M | $1.13M | 53% |
| Price per sq ft | $843 | $557 | 87% |
| Built year | 1959 | 1952 | 93% |
| HOA | $0 | $0 | 50% |
| Days on market | 34 | 188 | 7% |
Mar 19, 2026
$1,350,000
Initial Listing