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2346 Fairgreen Avenue, Monrovia, CA 91016

$1.79M10bd · 5ba · 3,050 sqft
Lot 12,250 sqft•Single Family Residence•
Active
•41d on market•MLS# WS-26190765

Property Description

Income-Producing Property with Two Separate Residences in Monrovia! This property features two well-maintained homes on a 12,250 sq. ft. lot. The main residence offers 6 bedrooms, 3 bathrooms, and 1,850 sq. ft., and was built in 1947. The add-on was made in 2020. The separate ADU, built in 2020, offers 4 bedrooms, 2 bathrooms, and 1,200sq. ft. Separate gas, water, and electric meters, Solar Panels. The combined 10 bedrooms and 5 bathrooms can generate strong monthly rental income. This property is an excellent opportunity for investors, extended families, or buyers seeking income potentials in Monrovia.

Features & Amenities

FeeBuilt 1947

Property Details

Land Type
Fee
Year Built
1947
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
4
Garage Spaces
4
Cooling
Central Air
View
None
City
Monrovia
Zip Code
91016
County
Los Angeles
Listed byCOLDWELL BANKER GEORGE REALTY, CINDY PHAN

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$9,051.21
Principal & Interest
Loan Amount
$1,432,000
Total Interest
$1,826,437
Total Payment Over 30 Years
$3,258,437
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 5 active · 5 closed

2346 Fairgreen Avenue, Monrovia, CA 91016

Monrovia · Single Family Residence

$1.79M
Luxury Tier
Beds
10
Baths
5
Sqft
3,050
Lot
12,250 sqft
Year
1947
$/Sqft
$587
Pool: No✓
View: None✓
Garage: 4-car✓

Listed 5.3% above the median closed sale of $1,700,000. Closed comps sold at 102% of list — strong seller's market. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $1.79M· $587/sqft
Total list price
Closed comps
vs closed median $1.70M
+$90K (+5.3%)
Active comps
vs active median $1.75M
+$41K (+2.3%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $623
−$36 (−5.8%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
305 Camino RealMonrovia1949842,5829,240$678$1.75M4078
1213 California AvenueMonrovia1950673,43911,446$509$1.75M6278
41 Hidden ValleyMonrovia1978442,97213,691$537$1.59M16378
136 Garfield PlaceMonrovia1996432,63111,040$798$2.10M6673
442 Crestview PlaceMonrovia1953332,39810,880$594$1.43M373
Total: 5 · Average5.04.22,804.411,259.4$623.2$1.72M66.8
Median2,631$1.75M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
407 MagnoliaMonrovia200709/30/2026553,49311,178$2.10M$2.19M$6281.045879
239 PalmMonrovia192207/20/2026532,47711,703$1.59M$1.70M$6861.076573
1158 NorumbegaMonrovia197705/06/2026422,81214,840$1.58M$1.59M$5651.0110568
537 Diamond St StreetMonrovia195206/09/2026442,3577,900$1.13M$1.13M$4771.007967
888 OakgladeMonrovia202606/16/2026342,58216,904$2.18M$2.10M$8130.965765
Total: 5 · Average4.23.62,744.212,505$1.74M$1.74M$633.8—72.8
Median2,582$1.70M$1.70M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.