526 E Olive Avenue
Monrovia, CA, 91016 $ 1,350,000
Baths1.0 Sq 1,601 Monthly Estimate*
$ 8,524
Listed by Coldwell Banker Realty
Studio for $1,350,000 with 1 full bath. This 1,601 square foot home was built in 1959 on a lot size of 0.2919.
Exceptional opportunity in the heart of Monrovia, just moments from vibrant Old Town, local shops, dining, parks, and the public library. Situated on an expansive 12,714 sq ft lot, this unique property features two separate single-level homes on one lot, each offering 2 bedrooms and 1 bathroom with its own private garage, driveway, laundry hookups, and separate gas, electric, and water meters—creating true independent living spaces. The oversized lot offers incredible flexibility and future potential for expansion, additional living space, or possible development opportunities (buyer to verify with city). Ideal for owner-users, multigenerational living, or investors seeking flexible income potential. Live in one home while renting the other, or maximize rental opportunities with two fully independent residences. Offering both convenience and flexibility, the property is ideally located near Old Town Monrovia, popular dining, local cafés, parks, community events, and everyday amenities. This rare property combines character, functionality, and long-term value in one of the San Gabriel Valley’s most sought-after communities.
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FeaturesGeneralSewer Public Sewer
Cooling Wall/Window Unit(s)
Garage Spaces 2
Pool Features None
Year Built 1959
Tenant Pays All Utilities
View Mountain(s)
Property Subtype Duplex
Gross Income 0
Community Features Dog Park Hiking Street Lights Sidewalks
County Los Angeles
Net Operating Income 0
Operating Expense 0
Insurance Expense 0
New Construction false
Property Type Residential Income
Contingency Easy to show. Call or Text 626-393-5227. Property will be delivered vacant. Excellent opportunity for owner-users or investors. Two separate single-level homes on one large lot with separate garages driveways laundry hookups and separate utility meters. Conveniently located near Old Town Monrovia dining shops and parks. Seller is motivated and open to reviewing strong offers. Buyers to verify all information permits and development possibilities with the city.
Garage Y/N true
Special Listing Conditions Standard
Status Pending
Directions From Huntington Drive go North on California Ave then East on Olive Ave
City Monrovia
Entry Location front
Senior Community Y/N false
Open Parking Spaces 4
Number Of Units Total 2
MLS Area 639 - Monrovia
Lot Size Units Square Feet
Lot Size Square Feet 12714
Listing Terms Submit
Property Attached Y/N false
Land Lease Y/N false
Trash Expense 0
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Pending
Year Built Source Public Records
Tax Lot 12
Property Sub Type Additional Duplex
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InteriorFireplace Features None
Total Stories 1
Common Walls No Common Walls
Air Conditioning Y/N true
Fireplace Y/N false
Laundry Features Inside
Entry Level 1
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ExteriorWater Source Public
Total Parking 6
Lot Size Area 12714
Number of Buildings 2
Building Area Total 1601
Lot Size Acres 0.2919
Private Pool false
Lot Size Source Public Records
Number of Separate Water Meters 2
Number of Separate Gas Meters 2
Number of Separate Electric Meters 2
Road Frontage Type City Street
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* Excluded FeaturesList ByColdwell Banker RealtyBroker
AlmaSanchezAguilar@icloud.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $8,524
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save NearbyMulti-family listings in Monrovia, CA
Average List Price $1,792,540
Percent of Sale Price 33%
About Monrovia, CA 37,168 Population
0% Since 2002
$ 71,396 Median Income
39.93 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 3/20/2026 | $1,350,000 | | Listed Price |