
Monrovia, California 91016
This Condominium is a Strong Value Opportunity, listed at $620,000—positioned well below the $631,311 Fair Market Value by 1.79%. This valuation gap offers $11,311 in Instant Equity for the buyer. While the property maintains a Condition Rating of 4, it offers significant potential for cosmetic modernization. Featuring Mountain Views, a Pool and Spa, and a Private Balcony, this home is an ideal acquisition for Owner-Occupants seeking a value-add property or first-time buyers looking to enter the Monrovia market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 541 Linwood Ave C Subject | $620,000* List Price | 2 | 2 | 1,260 | $501 | - |
A 550 W Foothill Boulevard C Sold | $580,000 | 2 | 2 | 1,395 | $416 | 0.0 mi |
B 182 W Lemon B Sold | $630,000 | 2 | 2 | 1,081 | $583 | 0.6 mi |
C 132 W Lemon A Sold | $660,000 | 2 | 2 | 1,081 | $611 | 0.6 mi |
D 267 Linwood Avenue E Pending | $649,950 List Price | 2 | 3 | 1,562 | $416 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1979, the property is well-maintained but significantly dated. The bathrooms feature original cabinetry, older countertops, and carpeted vanity areas, while the living spaces contain popcorn ceilings and older tile work, indicating a need for cosmetic updates and modernization.
Situated near Monrovia’s vibrant Old Town, local dining, and scenic parks like Monrovia Canyon Park, offering an ideal blend of urban convenience and outdoor recreation.
The master bedroom features a private balcony with direct views of the mountains, providing a serene retreat and enhancing the property's aesthetic appeal.
Residents benefit from a well-maintained community that includes a pool and spa, offering resort-style living and added value for leisure.
The monthly association fee of $525 is relatively high, which may increase the total monthly carrying cost for potential buyers.
Built in 1979, the property features a Jack and Jill bathroom layout, which may be less desirable for buyers seeking modern en-suite privacy for both bedrooms.
Welcome to this charming 2 bed, 2 bath condo located in a peaceful and beautifully maintained community featuring a pool and spa. The inviting living room offers a cozy fireplace and opens to a comfortable layout perfect for everyday living and entertaining. A convenient half bath downstairs is ideal when hosting guests. Upstairs, you’ll find two spacious bedrooms connected by a Jack and Jill bathroom. The master bedroom features its own private balcony where you can relax and enjoy beautiful mountain views. Ideally located near Monrovia’s vibrant Old Town, local dining, shopping, coffee shops, Monrovia Canyon Park, and the Los Angeles County Arboretum. A wonderful opportunity to enjoy comfort, views, and the best of Monrovia living!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.6 |
| Square foot | 1,260 | 1,138.2 |
| Lot Size | 121,951 | 50,132 |
| Price | $620.0K | $647.1K |
| Price per sq ft | $492 | $530 |
| Built year | 1979 | 1987 |
| HOA | $525.0 | $472 |
| Days on market | 11 | 52 |
Aug 29, 2026
$620,000
Initial Listing
Jul 6, 2005
$403,000
Public Record