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Listed price in listed location currency (USD).
$905,000
$878,000

112

MLS® SR25061316

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 784 sqft
Garage Yes
Taxes 
Lot Size 0.1896 acres
Approx. Age 1934
Avg. Price Per Sqft $1,119
MLS® Number SR25061316

Property Address: 509 Fano St, Monrovia, CA, 91016

Average square foot calculated using Size range provided by listing agent.

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!
MLS® NumberSR25061316
Laundry LevelWasher Hookup, Gas Dryer Hookup, Inside, In Kitchen, Laundry Room
Central VacNo
FireplaceNo
Acreage0.1896
Exterior
GarageYes
Approx. Age1934
BasementUnfinished
DrivewayGarage Faces Front, Garage
Garage Spaces2
Heat
A/C
Heating Fuel

Extras

Jasmine pergola on back porch

Rooms

Bedroom 1:Not available
Other:Not available
Bedroom 1:Not available

Similar Listings

Price History

Apr 4, 2025End Date
$905,000Sold Price

Sold

Mar 20, 2025List Date
$878,000List Price
  • Commute

Commute

Starting Address
Destination Address
509 Fano St, Monrovia, CA

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