
Monrovia, California 91016
This Turnkey Single Family Residence is a High-Potential Investment Opportunity, listed at $1,149,000—positioned above the $1,094,297 Fair Market Value. While priced at a premium, the property offers significant long-term value through its ADU Potential and Extensive RV Parking. Featuring a Turnkey Condition Rating, this home includes modern kitchen finishes and mountain views. Its strategic location near the 210 Freeway and Monrovia schools makes it a versatile asset. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a flexible, move-in ready lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 845 Oakdale Subject | $1,149,000* List Price | 3 | 2 | 1,278 | $856 | - |
A 375 N Canyon Boulevard Sold | $980,000 | 3 | 2 | 1,303 | $752 | 0.9 mi |
B 149 Grand Avenue Sold | $1,100,000 | 3 | 2 | 1,281 | $859 | 0.5 mi |
C 341 Norumbega Sold | $1,210,000 | 3 | 2 | 1,283 | $943 | 0.6 mi |
D 231 E Walnut Sold | $875,000 | 2 | 2 | 1,204 | $727 | 0.7 mi |
E 849 Oakdale Avenue Sold | $845,250 | 3 | 1 | 1,080 | $783 | 0.0 mi |
F 846 Oakdale Avenue Active | $995,000 List Price | 3 | 1 | 1,030 | $966 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1947, the property is in turnkey condition with a renovation likely completed within the last 5-10 years. The kitchen features modern shaker cabinets, stone countertops, and stainless steel appliances. Interior upgrades include crown molding, updated flooring, and new carpet, making it fully move-in ready and well-maintained.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7026, living area = 1278.
The detached rear garage offers excellent potential for an ADU conversion, providing a valuable opportunity for rental income, a guest house, or a home office setup.
The property features a long driveway and gated rear access, offering rare and ample space for RVs, boats, and multiple vehicles, which is a significant asset in Monrovia.
At 1,278 square feet for a three-bedroom home, the interior living spaces and bedrooms may feel somewhat small for families accustomed to more modern, expansive layouts.
Built in 1947, the property may have older underlying systems or smaller closet capacities typical of its era, which might require future modernization despite cosmetic updates.
Welcome to this beautifully maintained turnkey home located in one of Monrovia’s most desirable neighborhoods just below the scenic foothills and conveniently near the 210 Freeway. From the moment you arrive, you’ll appreciate the outstanding curb appeal featuring a beautifully landscaped front yard, pride of ownership, and a warm inviting feel that truly makes this house feel like home. This upgraded property offers a highly desirable detached rear garage with excellent ADU potential (buyer to verify with city), making it an ideal opportunity for multigenerational living, future rental income, guest house possibilities, or a home office setup. The long driveway and gated rear access provide plenty of room for RV parking, boat parking, trailers, extra vehicles, or recreational toys — a rare find in Monrovia. Step into the backyard and enjoy your own private retreat featuring a perfect sized yard for entertaining, relaxing, or enjoying Southern California evenings. The spacious yard offers endless possibilities for gatherings, gardening, or future customization. Inside, the home has been lovingly cared for and thoughtfully updated with venetian blinds, crown molding and new carpet offering move-in ready convenience with a functional floor plan, upgraded features, and comfortable living spaces throughout. Located close to Old Town Monrovia, hiking trails, parks, shopping, dining, and award-winning schools, this home combines charm, location, flexibility, and future potential all in one incredible property. Homes with RV parking, ADU possibilities, detached garages, and turnkey condition in Monrovia are hard to find — this is one you do not want to miss!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,278 | 1,683 | 24% |
| Lot Size | 7,026 | 7,590 | 40% |
| Price | $1.15M | $1.12M | 52% |
| Price per sq ft | $899 | $685 | 88% |
| Built year | 1947 | 1949 | 41% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 144 | 2% |
May 29, 2026
$1,149,000
Initial Listing
May 17, 2018
$802,000
Public Record