
Monrovia, California 91016
This property presents a Strong Value Opportunity as a Residential Income Asset, listed at $1,088,000—positioned well above the $1,022,192 Fair Market Value. While the price reflects a premium, the Duplex configuration plus a detached bonus structure offers significant rental income potential. With a Condition Rating of 4, the property requires modernization of its vintage infrastructure. The versatile layout is ideal for Buy-and-Hold Investors seeking multi-unit cash flow or Owner-Occupants looking to offset mortgage costs through rental income in the desirable Monrovia foothills.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 710 E Greystone Subject | $1,088,000* List Price | 0 | 0 | 1,568 | $633 | - |
A 244 E Lime Sold | $985,000 | 0 | 0 | 1,480 | $666 | 0.7 mi |
B 244 E Lime Sold | $985,000 | 4 | 2 | 1,480 | $666 | 0.7 mi |
C 132 Poinsettia Avenue Sold | $1,285,000 | 0 | 0 | 2,148 | $598 | 0.4 mi |
D 132 Poinsettia Avenue Sold | $1,285,000 | 5 | 4 | 2,148 | $598 | 0.4 mi |
E 223 N Mountain Pending | $974,000 List Price | 0 | 0 | 1,656 | $588 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1937, the property is well-maintained and functional but significantly dated. The interior features older wall heaters (lack of central HVAC), wood paneling, and aged flooring/windows that appear to be over 20 years old. While move-in ready, it requires cosmetic and system updates to meet modern standards.
The property features a duplex configuration plus a third detached structure with a bathroom, offering exceptional rental income potential or flexible multi-generational living arrangements.
Situated in the highly sought-after north foothills of Monrovia, the property benefits from a prestigious neighborhood known for its charm and strong long-term value retention.
The inclusion of a third detached unit with its own bathroom provides a rare value-add opportunity for a private home office, creative studio, or guest suite.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1568, other record living area = 1088.
Originally built in 1937, the property may require significant capital investment for updates to its core systems, such as electrical, plumbing, and seismic retrofitting.
With a total of 1,568 square feet distributed across multiple units, the individual living spaces are relatively small, which may limit appeal for tenants or owners seeking more spacious interiors.
Located in the desirable north foothills of Monrovia, this duplex offers two units plus a third bonus structure. The front home features 2 bedrooms and 1 bathroom, while the rear unit includes 1 bedroom and 1 bathroom, making it ideal for rental income or multi-generational living. A third detached structure with its own bathroom is perfect for a studio, home office, guest suite, or kids’ playroom.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 5.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 1,568 | 2,540 |
| Lot Size | 6,497 | 14,461 |
| Price | $1.09M | $1.19M |
| Price per sq ft | $694 | $599 |
| Built year | 1937 | 1947 |
| HOA | $0 | $0 |
| Days on market | 43 | 46 |
Jun 9, 2026
$1,088,000
Initial Listing
Nov 19, 2009
$465,000
Public Record
Jul 7, 2000
$180,000
Public Record