924 W Colorado Boulevard, Monrovia, California 91016, Monrovia, 91016 - 4 bed, 3 bath
924 W Colorado Boulevard
Monrovia, California 91016
Property Price
SUMMARY
Analysis of 924 W Colorado Boulevard, Monrovia, California 91016 is currently available with a list price of $1,038,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Monrovia Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although built in 1954, the property has undergone an extensive recent renovation within the last 5 years. The interior features modern upgrades including a kitchen with white shaker cabinets, quartz countertops, subway tile backsplash, and stainless steel appliances. The bathrooms are fully updated with contemporary vanities and custom tile work. Throughout the home, there is new laminate flooring, recessed lighting, and updated fixtures, presenting the property in move-in ready condition with no apparent deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Dual-Income Potential
Featuring two separate homes on a large lot with a vacant 3-bedroom front unit, this property offers immediate rental income or a perfect 'house-hack' opportunity for owner-occupants.
- Prime Location
Situated in a distinguished school district just one block from Monrovia High School and near the Arcadia border, the property boasts high desirability and proximity to major amenities.
- Independent Utilities
The presence of separate electric and gas meters for both units simplifies property management and reduces overhead costs for the owner.
CONSRISKS & DEFICIENCIES
- Tenant Occupancy
The back unit is currently tenant-occupied, which may limit immediate flexibility for renovations or full possession of the property at closing.
- Vintage Infrastructure
Built in 1954, the property may require capital improvements or modernization of major systems to meet contemporary standards and maximize long-term value.
About 924 W Colorado Boulevard
Duplex, Duplex, Duplex.This DUPLEX is located in the prime location of Monrovia! This property features two separate homes on a spacious 8,637 sqft lot, perfect for investors or potential owner-occupants. Live in one and rent the other! The front unit is vacant. It is 1,185 sqft, features 3 bedrooms, 2 bathrooms and detached 2 car-garage. The back unit is tenant occupied. It is 520 sqft, features 1 bedrooms and 1 bathroom. Two electric meters. Two gas meters. The backyard are lined with fruit trees and greenery, creating a warm and welcoming curb appeal. Located in the distinguished school district. Just one block from Monrovia High School. Near the border of the City of Arcadia. Nearby amenities include supermarkets, shopping mall, restaurants, this property offers everything you need for comfortable living. Don't miss out on the opportunity to own this stunning property.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1954
- Lot Size
- 8,637 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | - | 71% |
| Baths | 3.0 | - | 79% |
| Square foot | 1,705 | 1,872 | 36% |
| Lot Size | 8,637 | 8,357.5 | 50% |
| Price | $1.04M | $986.5K | 57% |
| Price per sq ft | $609 | $603 | 64% |
| Built year | 1954 | 1938 | 86% |
| HOA | $0 | $0 | 50% |
| Days on market | 38 | 169 | 7% |
Pricing History
Listed for Sale
Feb 26, 2026
$1,038,000
$998,000
+4% Price Increase
Initial Listing
Price Change
Jan 27, 2026
$998,000
Initial Listing
Sold
May 2, 2024
$810,000
Public Record
Sold
Mar 5, 2024
$650,000
Public Record