Monrovia Real Estate

Monrovia Real Estate

Welcome to Monrovia, California—a hidden gem nestled in the heart of Los Angeles County. With its charming tree-lined streets, vibrant downtown, and rich history, Monrovia offers a unique blend of small-town charm and urban convenience. Founded in the late 1800s, this picturesque city is renowned for its historic architecture and welcoming community atmosphere.

Monrovia is surrounded by the stunning San Gabriel Mountains, providing breathtaking views and ample opportunities for outdoor enthusiasts. Whether you enjoy hiking, biking, or simply soaking in the beauty of nature, nearby parks and trails are perfect for adventure seekers and families alike. The iconic Monrovia Canyon Park features scenic trails and a beautiful waterfall, making it a favorite spot for locals and visitors.

The downtown area is a bustling hub of activity, filled with eclectic shops, delightful cafes, and a variety of restaurants that cater to every palate. The Monrovia Farmers Market, held weekly, showcases fresh local produce and artisanal goods, fostering a sense of community and supporting local businesses.

Education is a priority in Monrovia, with highly-rated schools and a commitment to fostering a nurturing environment for students. The city also hosts numerous community events throughout the year, from art walks to seasonal festivals, ensuring there’s always something happening.

With its prime location just a short drive from the heart of Los Angeles, Monrovia offers the perfect balance of tranquility and accessibility. Experience the warmth of this vibrant community—your dream home awaits in Monrovia!

Newest Listings in Monrovia

1213 S California Ave, Monrovia
$1,749,000
7 Beds ⋅ 7 Baths ⋅ ACTIVE Status
MOTIVATED SELLER! Exceptional investment and special-use opportunity on an approximately 11,500 SF gated lot in Monrovia, offering multiple income, operating, and development strategies. The property features a fully renovated main residence of approximately 2,439 SF with 4 bedrooms, 4 bathrooms, plus 2 additional flexible rooms ideal for offices, administrative space, therapy rooms, or other uses. The renovation includes extensive upgrades throughout, including roof, stucco, plumbing, electrical, lighting, flooring, interior finishes, kitchen, and more. Solar is also installed. A beautifully designed detached ADU of approximately 1,000 SF offers an additional 2 bedrooms and 2 bathrooms with high ceilings, modern finishes, and excellent independent living or rental potential. Together, the main residence and ADU provide approximately 3,439 SF of living space and multiple opportunities for rental income, multigenerational occupancy, staff housing, or business operations. One of the property's strongest investment features is its reported current license for a 12-person alcohol and drug rehabilitation/recovery facility, creating a unique opportunity for qualified operators seeking an established location for behavioral health, recovery, transitional, or related residential services. Buyer to independently verify licensing, permitted use, transferability, and operational requirements. The large lot offers a long gated driveway and substantial on-site parking with room for numerous vehicles, vans, recreational vehicles, or other operational needs. A detached 2-car garage is complemented by a separate laundry area and additional restroom, adding further flexibility for residents, staff, storage, or facility operations. Another significant upside is future development potential. Based on information provided by the City, the existing detached garage may potentially be replaced with an additional residence of up to approximately 2,100 SF, creating the possibility of a third dwelling on the property. Buyer to verify all zoning, building, density, setback, permitting, and development requirements directly with the City. The property also offers expansive outdoor areas, covered patio space, a fountain, and an approximately 1,300 SF rooftop terrace, providing additional usable space for residents, tenants, clients, staff, recreation, or gatherings. Multiple investment scenarios include operating the property as a licensed recovery facility, leasing the main residence and ADU separately, creating a multigenerational or corporate housing property, combining residential and administrative uses, or pursuing future development of a third residence. With extensive renovations already completed, a separate ADU, large gated lot, substantial parking, special-use potential, and additional development possibilities, 1213 S California Avenue presents a rare opportunity for investors and operators seeking flexibility, income potential, and long-term upside in Monrovia.

1213 S California Ave, Monrovia

Courtesy of Berkshire Hathaway HomeServices California Propert, Nikolai Medvedev - CA DRE#02163830

1213 S California Ave, Monrovia
$1,749,000
7 Beds ⋅ 7 Baths ⋅ ACTIVE Status
MORE THAN A HOME A PLACE FOR THE WHOLE FAMILY TO LIVE, GROW & ENJOY! Discover an exceptional, fully renovated residential estate in Monrovia offering approximately 3,439 sq. ft. of living space on an expansive 11,446 sq. ft. gated lot. The spacious 2,439 sq. ft. main residence features 4 bedrooms, 4 bathrooms, a beautifully remodeled kitchen with a large center island, and bright, inviting living and dining areas. WHAT MAKES THIS HOME TRULY SPECIAL? TWO ADDITIONAL BONUS ROOMS! Imagine your own private home office, fitness studio, yoga or massage room, children's playroom, creative studio, or comfortable space for extended family. These versatile rooms provide the freedom to personalize your home around your family's lifestyle, without sacrificing the four existing bedrooms. ANOTHER INCREDIBLE BONUS A BEAUTIFULLY DESIGNED DETACHED ADU! Built in 2025, this approximately 1,000 sq. ft. residence offers 2 bedrooms, 2 bathrooms, high ceilings, a modern kitchen, and an inviting living area. Perfect for multigenerational living, visiting relatives, adult children, or potential rental income. Step outside and discover even more possibilities! The spacious gated grounds offer room to create an elegant outdoor lounge, a fountain courtyard, or a beautiful entertaining retreat for family gatherings. Additional highlights include a detached 2-car garage, separate laundry/storage building with restroom, covered outdoor areas, and generous parking. Extensively renovated with updated roofing, plumbing, electrical, flooring, and modern finishes throughout. Two residences, two bonus rooms, and endless lifestyle possibilities all on one remarkable property! Move-in ready and waiting for its next chapter.

1213 S California Ave, Monrovia

Courtesy of Berkshire Hathaway HomeServices California Propert, Nikolai Medvedev - CA DRE#02163830

137 N Myrtle Ave, Monrovia
$5,595,000
29 Beds ⋅ 30 Baths ⋅ ACTIVE Status
Spanning four separate buildings, 137 and 147 N Myrtle Avenue, along with 146 and 148 Stedman Place, the property covers three separate parcels totaling a large 32,485 square foot, block-to-block area of land. Because the City of Monrovia does not have its own restrictive local rent control, the property benefits from higher allowable rent increases under California's statewide AB 1482. This may help a new owner to recapture the approximately 28% in rent upside more rapidly, leading to a more dramatic increase in future cash flow. Monrovia is also not subject to the expensive Measure ULA taxes that burden nearby Los Angeles, allowing investors to keep substantially more profits from building ownership. The buildings feature an excellent unit mix with mostly two-bedroom apartments throughout. Most of these units have already been upgraded to include varying combinations of remodeled bathrooms, updated kitchen appliances, new wood flooring, and, in select units, upgraded electrical panels and in-unit washer/dryers. The location grants tenants the convenience and walkability of more urban neighborhoods, as confirmed by its "Walker's Paradise" designation with a Walk Score of 92, along with the calm and comfort of a more suburban town. This is due largely to the property's location near the sought-after Old Town Monrovia business district, which runs along Myrtle Avenue just one block south of the property.

137 N Myrtle Ave, Monrovia

Courtesy of Marcus & Millichap, Roderick 'Rick' Raymundo - CA DRE#01357019

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