509 Fano Street

Monrovia,CA 91016

$ 878000

1 Bed

1 Bath

784 SqFt


Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 784 sqft

Price per Sqft $1,119

MLS Listing ID CRSR25061316

Bedrooms 1

Full Baths 1

Year Built 1934

Lot Size 8,259 Sqft

Property Sub-Type Detached

Property Description

Builder’s 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 Monrovia’s Residential M/H zoning area—offering 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 space—ideal 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 o

Location

State CA

County Los Angeles

Interior

Heating Central,Fireplace(s)

Cooling Ceiling Fan(s),Central Air,Other

Fireplaces Type Gas,Living Room

Laundry Gas Dryer Hookup,Laundry Room,Other,In Kitchen,Inside

Exterior

Garage Spaces 2.0

Pool Spa,None

Amenities Available Dog Park

View Mountain(s)

Building

Lot Description Street Light(s),Landscape Misc

Story 2

Water Public

Schools

School District Monrovia Unified

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