509 Fano Street Monrovia, CA 91016
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 784 sqft
Price per Sqft $1,119
MLS Listing ID SR25061316
Style Detached
Bedrooms 1
Full Baths 1
Construction Status Fixer
HOA Y/N No
Year Built 1934
Lot Size 8,259 Sqft
Acres 0.1896
Property Sub-Type Detached
Property Description
Builders Delight! Rare Opportunity with Room to Expand Zoned for Up to 4 Units + Jr. ADU Welcome to this charming 1-Bedroom + Loft Cottage-style home, set on a generous 8,259 sq ft lot in Monrovias Residential M/H zoning areaoffering incredible potential for builders, investors, and homeowners alike. Per the Monrovia city planner, this property allows for a total of 4 units plus 1 Junior ADU, making it a fantastic opportunity to live in, rent out, or develop additional units while enjoying rental income from the existing home. Built in 1934, this cozy 784 sq ft residence blends historic charm with modern possibilities. Inside, you'll find a welcoming living area leading into a functional kitchen, along with a versatile loft spaceideal for a home office, guest area, or additional storage. A 2-car tandem garage provides ample parking and extra storage. Step outside and experience the sprawling backyard, featuring a stunning jasmine pergola, a mature pecan tree offering shade and privacy, and vibrant Milkweed flowers that attract monarch butterflies. Whether you envision a lush garden, outdoor entertaining space, or future development, this expansive lot offers endless opportunities. Located in an up-and-coming neighborhood, this property presents the perfect blend of vintage appeal and future investment potential. Dont miss out on this rare chance to build, expand, or simply enjoy a spacious backyard retreat! Schedule your viewing today!
Location
State CA
County Los Angeles
Area Monrovia (91016)
Zoning MORM*
Interior
Interior Features Recessed Lighting, Tile Counters, Unfurnished
Cooling Central Forced Air, Electric
Fireplaces Type FP in Living Room, Gas
Equipment Dishwasher, Disposal, Electric Oven, Vented Exhaust Fan
Appliance Dishwasher, Disposal, Electric Oven, Vented Exhaust Fan
Laundry Kitchen, Laundry Room, Inside
Exterior
Parking Features Garage
Garage Spaces 2.0
Fence Wood
View Mountains/Hills
Total Parking Spaces 2
Building
Lot Description Sidewalks, Landscaped
Story 1
Lot Size Range 7500-10889 SF
Sewer Public Sewer
Water Public
Architectural Style Cottage
Level or Stories 2 Story
Construction Status Fixer
Others
Monthly Total Fees $42
Miscellaneous Foothills,Mountainous,Valley
Acceptable Financing Cash, Conventional, Exchange, FHA
Listing Terms Cash, Conventional, Exchange, FHA
Special Listing Condition Standard
