#1 Melrose Monrovia, CA ^$ 700,000

#1 Melrose

^$ 700,000

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Recently Listed

#1 Melrose

Monrovia, CA, 91016

^$ 700,000

Studio Baths0.0

Monthly Estimate*

^$ 4,310

Listed by Y Realty

#1 Melrose, Monrovia, CA 91016 - Image 1

Studio

Lots and Land for sale in Monrovia, CA

for $700,000. The lot size is 0.1582.

Build the home of your dreams in one of the most desirable neighborhoods in Monrovia. This rare opportunity features a spacious 6,890 sq ft vacant lot with architectural plans already in the final stages, helping fast-track the building process and bringing you one step closer to creating your custom dream home. Surrounded by beautiful homes and a strong sense of community, this property offers endless potential for an owner-builder, investor, or buyer looking to design a personalized residence in a prime location. Enjoy close proximity to parks, shopping, dining, and all the charm that makes Monrovia such a sought-after place to live. Opportunities like this are hard to find — secure your piece of land and bring your vision to life!

Lots and Land Active

Price

^$ 700,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 0

Style

Lot Size

0.1582

Town/City

Monrovia

County/Region

Los Angeles

MLS | Web ID

PW26110502

Days on Market

Features

General

Zoning MORL

HOA Fee 0

View None

Community Features Biking Curbs Park Sidewalks

County Los Angeles

New Construction false

Property Type Land

HOA false

Special Listing Conditions Standard

Status Active

Directions Cross streets are W Hillcrest and Melrose Ave

City Monrovia

Senior Community Y/N false

MLS Area 639 - Monrovia

Lot Size Units Square Feet

Lot Size Square Feet 6890

Listing Terms Cash Cash to New Loan Conventional

Land Lease Y/N false

Additional Parcels Y/N false

Standard Status Active

Tax Lot 3

Exterior

Lot Features 0-1 Unit/Acre Rectangular Lot Yard

Water Source Public

Lot Size Area 6890

Lot Size Acres 0.1582

Lot Size Source Assessor

* Excluded Features

List By

Y Realty

Broker

homesbyoliviav@gmail.com

Affordability Calculator

$4,310

Per Month

Monthly Principal & Interest: $4,310
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

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

Trends
Schools

Lots and land listings in Monrovia, CA

Average List Price ^$1,546,000

Percent of Sale Price 121%

About Monrovia, CA

37,168 Population

0% Since 2002

^$71,396 Median Income

39.93 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/21/2026	$700,000		Listed Price

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#1 Melrose, Monrovia, CA, 91016 is a Lots and Land for sale at $700,000 with a lot size of 0.1582. #1 Melrose is a studio with 0.0 baths. The property's zip code is 91016 which is in Monrovia, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/22/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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#1 Melrose

Lots and Land for sale in Monrovia, CA

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