228 Oaks Avenue Monrovia, CA $ 1,600,000
228 Oaks Avenue
$ 1,600,000
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228 Oaks Avenue

Monrovia, CA, 91016
$ 1,600,000
Baths2.0 Sq 2,076

Monthly Estimate*

$ 9,851

Listed by Sotheby's International Realty
228 Oaks Avenue, Monrovia, CA 91016 - Image 1
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Studio

Multi-Family Home for sale in Monrovia, CA

for $1,600,000 with 2 full baths. This 2,076 square foot home was built in 1925 on a lot size of 0.157.

Don't miss seeing this classic Spanish style duplex, gracefully situated on the corner of two peaceful, tree lined streets in the highly desirable residential neighborhood of North Monrovia. Rich in architectural charm and thoughtful design, the property was originally conceived as a duplex and continues to offer flexibility, with the potential to be converted into a single family residence with minimal modification. The corner orientation provides excellent natural light, added privacy, and a true neighborhood presence. The Oaks Avenue unit is a refined one bedroom, one and one half bath residence designed for both comfortable living and entertaining. Restored white oak hardwood floors extend throughout the open floor plan, creating warmth and continuity. The spacious living room features an elegant coved ceiling and a custom built in media center. The dining room serves as a central gathering space, ideal for family meals or hosting guests. The kitchen is beautifully appointed with granite countertops, custom cabinetry, and modern appliances. This side of the property also includes a long gated driveway, a covered porch with old world architectural influence, and a private garage. Facing Acacia Avenue, the second residence offers a generous two bedroom, two bath layout with excellent separation of space. Dual entrances are positioned at either end of a covered porch with a distinctive turret, adding classic Spanish character. The open living area flows into the kitchen, which features granite countertops, abundant cabinetry, and ceramic tile flooring. White oak floors run throughout most of the home. Recent improvements include fresh interior paint, updated plumbing through repiping, newer kitchen appliances, a washer and dryer, a newer thermostat, and a newer water heater. A gated side yard provides access to a garage, laundry room, and a private covered patio. Both residences benefit from new electrical inside and out, central heating and air conditioning, crown molding, refined fixtures and lighting, an expansive California basement, and meticulously landscaped grounds. Located near Old Town Monrovia, the property enjoys close proximity to dining, shopping, the library, theater, and local markets, offering timeless Spanish character in one of Monrovia's most sought after neighborhoods. Come visit and see for yourself!

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Multi-Family Active

Price

$ 1,600,000

Bedrooms

Studio

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.157

Year Built

1925

Town/City

Monrovia

County/Region

Los Angeles

MLS | Web ID

P125841

Days on Market

15

Features
General
Sewer Public Sewer
Heating Central See Remarks
Cooling Central Air See Remarks
Possession Close Of Escrow
Appliances Dishwasher Electric Oven Microwave Refrigerator
HOA Fee 0
Garage Spaces 2
Architectural Style Spanish See Remarks
Pool Features None
Year Built 1925
View Mountain(s)
Stories Count 1
Levels One
Gross Income 78000
Community Features Suburban Sidewalks
County Los Angeles
Net Operating Income 72727.62
Operating Expense 4537.68
Insurance Expense 1710
Property Type Residential Income
Subdivision Name Not Applicable
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions Corner of Oaks Ave and Acacia Ave. Between Magnolia and Primrose. North of Foothill.
City Monrovia
Senior Community Y/N false
MLS Area 639 - Monrovia
Lot Size Units Square Feet
Lot Size Square Feet 6839
Listing Terms Cash Cash to Existing Loan
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Property Condition Updated/Remodeled
Trash Expense 734.7
Water Sewer Expense 1117.68
Additional Parcels Y/N false
Rent Control Y/N false
Standard Status Active
Year Built Source Assessor
Tax Lot A
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Interior
Interior Amenities Built-in Features Granite Counters Open Floorplan Recessed Lighting Unfurnished Walk-In Closet(s)
Flooring See Remarks Tile Wood
Fireplace Features None
Total Stories 1
Common Walls 1 Common Wall
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features In Garage See Remarks
Entry Level 1
Total Baths 0
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Exterior
Lot Features Front Yard Lawn Landscaped Street Level Yard
Water Source Public
Total Parking 2
Lot Size Area 6839
Number of Buildings 1
Spa false
Building Area Total 2076
Lot Size Acres 0.157
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 1
Number of Separate Electric Meters 2
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* Excluded Features
List By
Sotheby's International Realty

Broker

anneberksanborn@gmail.com

Email

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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/12/2026$1,600,000 Listed Price

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228 Oaks Avenue, Monrovia, CA, 91016 is a Multi-Family Home for sale at $1,600,000 with 2,076 sqft and a lot size of 0.157. 228 Oaks Avenue is a studio with 2.0 baths and was built in 1925. The property's zip code is 91016 which is in Monrovia, CA