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Listed price in listed location currency (USD).
$1,300,000

220

MLS® AR26124649

  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential
Size 1363 sqft
Garage 
Taxes 
Days Active 1
Lot Size 
Approx. Age 1922
Avg. Price Per Sqft $953
MLS® Number AR26124649

Property Address: 720 Ocean View Ave, Monrovia, CA, 91016-2418

Average square foot calculated using Size range provided by listing agent.

Description

are North Monrovia Craftsman Duplex with Additional Bonus Space! Situated in one of North Monrovia's most desirable neighborhoods, this charming 1922 Craftsman property offers character, versatility, and investment potential just moments from Canyon Park, hiking trails, the Wilderness Preserve, and vibrant Old Town Monrovia. Rich in architectural detail, the front residence welcomes you with a classic front gable accented by dental molding, wood siding, a spacious front porch, and attractive drought-tolerant landscaping. Inside, the one-bedroom, one-bath unit showcases timeless Craftsman features including hardwood flooring, crown molding, original built-in bookcases, abundant natural light, and a decorative fireplace with marble surround and wood mantel. A formal dining room adjoins the beautifully remodeled kitchen featuring subway tile backsplash, abundant cabinetry, stainless steel appliances, stainless sink, and updated flooring. The remodeled bathroom offers a frameless walk-in shower with subway tile surround, rain shower head, vessel sink vanity, and brushed nickel fixtures. Attached at the rear is a well-appointed studio unit featuring hardwood flooring, updated kitchen with subway tile and stainless steel appliances, remodeled bathroom, and window air conditioning. A separate laundry structure provides additional functionality with open beam ceilings, laminate flooring, and storage space. The expansive rear yard creates a private outdoor retreat with mature trees, lush lawns, and a spacious patio ideal for entertaining, relaxing, or enjoying Southern California's year-round climate. Adding even more flexibility, the detached garage has been converted into a finished, non-conforming bonus space that is not included in the property's square footage. This versatile area is all electric and features a kitchenette with abundant cabinetry and sink, an open steel beam ceiling, and a stylish 3/4 bath with green ceramic tile accents in the shower. This additional space offers a variety of potential uses for hobbies, guests, a home office, creative pursuits, or recreation with potential added income of $1600 a month. Parking for up to five vehicles is conveniently located off the rear alley. Both residential units are currently tenant occupied by excellent tenants paying market rents, creating immediate income for the next owner. A rare opportunity to own a character-rich income property in one of Monrovia's most sought-after locations.
MLS® NumberAR26124649
Laundry Level
Central VacNo
FireplaceYes
Acreage
Exterior
Garage
Approx. Age1922
Basement
DrivewayConverted Garage, One Space, Side By Side, Uncovered
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 8, 2026List Date
$1,300,000List Price
-End Date
Not Sold YetSold Price

For Sale

Jun 8, 2026List Date
$1,300,000List Price

Home Appraisal

This property is estimated to sell between: $1,172,000 and $1,364,000.
Similar properties in this area sold on average for: $1,172,750
Expect to pay under asking. 62% of similar properties sold for less than the asking price.
Expected to sell in 31 days. Similar properties sold in 32 days. This home has been on eXp Realty for 1 day.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
720 Ocean View Ave, Monrovia, CA

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