2346 Fairgreen Avenue, Monrovia, CA 91016
2346 Fairgreen Avenue, Monrovia, CA 91016
Property Description
Income-Producing Property with Two Separate Residences in Monrovia! This property features two well-maintained homes on a 12,250 sq. ft. lot. The main residence offers 6 bedrooms, 3 bathrooms, and 1,850 sq. ft., and was built in 1947. The add-on was made in 2020. The separate ADU, built in 2020, offers 4 bedrooms, 2 bathrooms, and 1,200sq. ft. Separate gas, water, and electric meters, Solar Panels. The combined 10 bedrooms and 5 bathrooms can generate strong monthly rental income. This property is an excellent opportunity for investors, extended families, or buyers seeking income potentials in Monrovia.
Features & Amenities
Property Details
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Comparative Market Analysis
Luxury Tier · 5 active · 5 closed
Monrovia · Single Family Residence
Listed 5.3% above the median closed sale of $1,700,000. Closed comps sold at 102% of list — strong seller's market. Luxury tier — fewer comparable sales widen the confidence range.
Price Position
Positioned above the market — commands a premium.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 305 Camino Real | Monrovia | 1949 | 8 | 4 | 2,582 | 9,240 | $678 | $1.75M | 40 | 78 |
| 1213 California Avenue | Monrovia | 1950 | 6 | 7 | 3,439 | 11,446 | $509 | $1.75M | 62 | 78 |
| 41 Hidden Valley | Monrovia | 1978 | 4 | 4 | 2,972 | 13,691 | $537 | $1.59M | 163 | 78 |
| 136 Garfield Place | Monrovia | 1996 | 4 | 3 | 2,631 | 11,040 | $798 | $2.10M | 66 | 73 |
| 442 Crestview Place | Monrovia | 1953 | 3 | 3 | 2,398 | 10,880 | $594 | $1.43M | 3 | 73 |
| Total: 5 · Average | 5.0 | 4.2 | 2,804.4 | 11,259.4 | $623.2 | $1.72M | 66.8 | |||
| Median | 2,631 | $1.75M | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 407 Magnolia | Monrovia | 2007 | 09/30/2026 | 5 | 5 | 3,493 | 11,178 | $2.10M | $2.19M | $628 | 1.04 | 58 | 79 |
| 239 Palm | Monrovia | 1922 | 07/20/2026 | 5 | 3 | 2,477 | 11,703 | $1.59M | $1.70M | $686 | 1.07 | 65 | 73 |
| 1158 Norumbega | Monrovia | 1977 | 05/06/2026 | 4 | 2 | 2,812 | 14,840 | $1.58M | $1.59M | $565 | 1.01 | 105 | 68 |
| 537 Diamond St Street | Monrovia | 1952 | 06/09/2026 | 4 | 4 | 2,357 | 7,900 | $1.13M | $1.13M | $477 | 1.00 | 79 | 67 |
| 888 Oakglade | Monrovia | 2026 | 06/16/2026 | 3 | 4 | 2,582 | 16,904 | $2.18M | $2.10M | $813 | 0.96 | 57 | 65 |
| Total: 5 · Average | 4.2 | 3.6 | 2,744.2 | 12,505 | $1.74M | $1.74M | $633.8 | — | 72.8 | ||||
| Median | 2,582 | $1.70M | $1.70M | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.