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305 East Camino Real, Monrovia, CA 91016

$1.75M8bd · 4ba · 2,582 sqft
Lot 9,240 sqft•Single Family Residence•
Active
•40d on market•MLS# WS-26190930

Property Description

Income-Producing Property with Two Separate Residences in Monrovia! This unique property features two well-maintained homes on a 9,240 sq. ft. corner lot. The ADU fronting on a separate street. The main residence at 305 E. Camino Real offers 4 bedrooms, 2 bathrooms, and 1,383 sq. ft. Built in 1950 and updated in 2022. The separate ADU at 2316 Redell St., built in 2022, offers 4 bedrooms, 2 bathrooms, and 1,199 sq. ft. Separated gas, water, and electric meters, Two 2-car detached garages. Solar Panels. The combined 8 bedrooms and 4 bathrooms can generate strong monthly rental income. This property is an excellent opportunity for investors, extended families, or buyers seeking income potentials. Monrovia Unified School.

Features & Amenities

FeeBuilt 1949

Property Details

Land Type
Fee
Year Built
1949
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
4
Garage Spaces
4
Heating
Central
Cooling
Central Air
View
None
City
Monrovia
Zip Code
91016
County
Los Angeles
Listed byCOLDWELL BANKER GEORGE REALTY, CINDY PHAN

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$8,848.95
Principal & Interest
Loan Amount
$1,400,000
Total Interest
$1,785,623
Total Payment Over 30 Years
$3,185,623
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 5 active · 5 closed

305 East Camino Real, Monrovia, CA 91016

Monrovia · Single Family Residence

$1.75M
Luxury Tier
Beds
8
Baths
4
Sqft
2,582
Lot
9,240 sqft
Year
1949
$/Sqft
$678
Pool: No✓
View: None✓
Garage: 4-car✓

Listed 12.9% above the median closed sale of $1,550,000. Closed comps sold at 101% of list — strong seller's market. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $1.75M· $678/sqft
Total list price
Closed comps
vs closed median $1.55M
+$200K (+12.9%)
Active comps
vs active median $1.66M
+$92K (+5.5%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $596
+$82 (+13.8%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
206 FigMonrovia1962442,3789,120$378$899,9988185
136 Garfield PlaceMonrovia1996432,63111,040$798$2.10M6677
2346 Fairgreen AvenueMonrovia19471053,05012,250$587$1.79M4075
824 Ocean View AvenueMonrovia2005433,2799,004$506$1.66M10773
186 5th AvenueMonrovia1948431,9686,802$709$1.40M12370
Total: 5 · Average5.23.62,661.29,643.2$595.6$1.57M83.4
Median2,631$1.66M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
270 Grand AvenueMonrovia199908/05/2026442,5596,283$1.50M$1.49M$5820.994176
619 PalmMonrovia199807/22/2026432,4167,568$1.30M$1.43M$5921.105475
209 SunsetMonrovia192609/04/2026332,0029,677$1.75M$1.66M$8290.955675
264 NorumbegaMonrovia192309/22/2026332,6816,823$1.65M$1.55M$5780.9411474
239 PalmMonrovia192207/20/2026532,47711,703$1.59M$1.70M$6861.076574
Total: 5 · Average3.83.22,4278,410.8$1.57M$1.57M$653.4—66
Median2,477$1.55M$1.55M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.