$905,000
$878,000
3.1%For more information regarding the value of a property, please contact us for a free consultation.
1 Bed
1 Bath
784 SqFt
SOLD DATE : 05/19/2025
Key Details
Sold Price $905,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 784 sqft
Price per Sqft $1,154
MLS Listing ID SR25061316
Sold Date 05/19/25
Bedrooms 1
Full Baths 1
Construction Status Fixer
HOA Y/N No
Year Built 1934
Lot Size 8,258 Sqft
Property Sub-Type Single Family Residence
Property Description
Builder's Delight! Rare Opportunity with Room to Expand – Zoned for Up to 4 Units + Jr. ADU
Welcome to this charming 1-Bedroom + Loft Cottage-style home, set on a generous 8,259 sq ft lot in Monrovia's Residential M/H zoning area—offering incredible potential for builders, investors, and homeowners alike. Per the Monrovia city planner, this property allows for a total of 4 units plus 1 Junior ADU, making it a fantastic opportunity to live in, rent out, or develop additional units while enjoying rental income from the existing home.
Built in 1934, this cozy 784 sq ft residence blends historic charm with modern possibilities. Inside, you'll find a welcoming living area leading into a functional kitchen, along with a versatile loft space—ideal for a home office, guest area, or additional storage. A 2-car tandem garage provides ample parking and extra storage.
Step outside and experience the sprawling backyard, featuring a stunning jasmine pergola, a mature pecan tree offering shade and privacy, and vibrant Milkweed flowers that attract monarch butterflies. Whether you envision a lush garden, outdoor entertaining space, or future development, this expansive lot offers endless opportunities.
Located in an up-and-coming neighborhood, this property presents the perfect blend of vintage appeal and future investment potential. Don't miss out on this rare chance to build, expand, or simply enjoy a spacious backyard retreat!
Schedule your viewing today!
Location
State CA
County Los Angeles
Area 639 - Monrovia
Zoning MORM*
Rooms
Basement Unfinished
Main Level Bedrooms 1
Interior
Interior Features Ceiling Fan(s), Recessed Lighting, Storage, Tile Counters, Unfurnished, All Bedrooms Down, Bedroom on Main Level, Loft, Main Level Primary
Heating Central, Fireplace(s)
Cooling Central Air, Electric
Fireplaces Type Gas, Living Room
Fireplace Yes
Appliance Built-In Range, Dishwasher, Electric Oven, Disposal, Vented Exhaust Fan, Water Heater
Laundry Washer Hookup, Gas Dryer Hookup, Inside, In Kitchen, Laundry Room
Exterior
Parking Features Garage Faces Front, Garage
Garage Spaces 2.0
Garage Description 2.0
Fence Wood
Pool None
Community Features Biking, Dog Park, Foothills, Hiking, Mountainous, Park, Street Lights, Sidewalks, Valley
View Y/N Yes
View Mountain(s)
Porch Rear Porch, Concrete, Patio, Porch
Total Parking Spaces 2
Private Pool No
Building
Lot Description Back Yard, Front Yard, Garden, Landscaped, Rectangular Lot, Yard
Story 1
Entry Level Two
Sewer Public Sewer
Water Public
Architectural Style Cottage
Level or Stories Two
New Construction No
Construction Status Fixer
Schools
School District Monrovia Unified
Others
Senior Community No
Tax ID 8507011023
Acceptable Financing Cash, Conventional, 1031 Exchange, FHA
Listing Terms Cash, Conventional, 1031 Exchange, FHA
Financing Cash
Special Listing Condition Standard
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Bought with LI YAO PACIFIC STERLING REALTY
