1213 S California Avenue
Monrovia, CA, 91016 $ 1,850,000
Bedrooms6 Baths14.0 Sq 3,000 Monthly Estimate*
$ 11,681
Listed by Berkshire Hathaway HomeServices California Properties
for $1,850,000 with 6 bedrooms and 14 full baths. This 3,000 square foot home was built in 1950 on a lot size of 0.2628.
Rare investment opportunity in Monrovia fully renovated residential property with strong built-in income already in place and additional development potential. This unique compound features a spacious main house of approximately 2,000+ sq ft, a brand-new 2025 ADU of approximately 1,000 sq ft, and sits on a generous 11,445 sq ft lot. The property is currently leased for $13,000 per month for the next several years, making it an attractive income-producing asset from day one. Even more importantly, current zoning/coding may allow the construction of one additional unit up to approximately 2,300 sq ft, offering significant upside potential with plenty of usable lot space to support future expansion. Buyer to verify all development possibilities with the city. The main residence offers 4 bedrooms, 3 full bathrooms, plus 2 additional rooms ideal for offices, guest space, gym, or flexible use. The home has been extensively updated with a new roof, new stucco, modern flooring, recessed lighting, a large open living room, dining area, and a beautifully renovated kitchen with stylish cabinetry, quartz-style countertops, stainless steel appliances, and a large center island. The detached ADU was newly built in 2025 and offers a bright, modern layout with high ceilings, a large living area, 2 bedrooms, 2 bathrooms, and a kitchenette perfect for extended living, rental flexibility, or long-term income use. The property also features a covered patio, detached 2-car garage, detached laundry room with restroom, additional storage, gated driveway, landscaped outdoor areas, and plenty of usable space throughout the lot. The exterior offers great curb appeal with modern fencing, clean hardscape, mature trees, and a private outdoor setting. A fully improved property with multiple living areas, long-term lease income, possible additional unit development, and strong investment potential in the heart of Monrovia. A rare opportunity for investors looking for a stabilized residential income property with modern improvements, significant monthly cash flow, and future upside.
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FeaturesGeneralLiving Area 3000
Heating Central
Cooling Central Air
Possession Close Of Escrow
Appliances Dishwasher Electric Oven Disposal Gas Oven Microwave Refrigerator Dryer Washer
Zoning MORM*
Garage Spaces 2
Patio/Porch Features Covered
Pool Features None
Year Built 1950
Tenant Pays Electricity Gas Grounds Care Insurance Trash Collection Water
Stories Count 1
Levels One
Gross Income 156000
County Los Angeles
Net Operating Income 153000
New Construction false
Property Type Residential Income
HOA false
Garage Y/N true
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions Take I-210 E to W Evergreen Ave in Monrovia. Take exit 34 from I-210 E continue on W Evergreen Ave. Drive to California Ave turn left onto California Ave house will be on the left.
City Monrovia
Senior Community Y/N false
Open Parking Spaces 8
Number Of Units Total 2
MLS Area 639 - Monrovia
Lot Size Units Square Feet
Lot Size Square Feet 11446
Spa Features None
Property Attached Y/N false
Additional Parcels Y/N false
Rent Control Y/N false
Standard Status Active
Cap Rate 7.8
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InteriorFireplace Features None
Total Stories 1
Common Walls No Common Walls
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Laundry Features Laundry Room Outside
Total Bedrooms 6
Total Baths 6
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ExteriorParking Features Concrete Covered Door-Multi Driveway Garage RV Access/Parking
Lot Features Back Yard
Total Parking 10
Lot Size Area 11446
Number of Buildings 2
Spa false
Building Area Total 3000
Lot Dimensions 60x188
Lot Size Acres 0.2628
Private Pool false
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* Excluded FeaturesList ByBerkshire Hathaway Homeservices California PropertiesBroker
NikolaiMedvedev@bhhscal.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $11,681
- 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 3%
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 |
|---|
| 7/7/2026 | $1,850,000 | -7.41% | Price Down |
| 6/22/2026 | $1,998,000 | | Listed Price |