
237 Los Angeles Ave Monrovia, CA 91016
Estimated payment $5,306/month
Highlights
- Very Popular Property
- Property is near public transit
- No HOA
- Mayflower Elementary School Rated A
- Main Floor Bedroom
- Laundry Room
About This Home
***Seize the Ultimate Expansion Opportunity on This 10,847 Sqft Lot with “Nearly Done” ADU and JADU Potential!***
Get ready to unlock a world of possibilities with this electrifying property that’s practically begging for your vision! This 3-bedroom, 2-bathroom two-story multi-gen home comes with a 2-car garage and a sprawling driveway for all your parking needs. Travelers can park their RV or recreational toys with ease. Perched above the garage is a huge bedroom—but you can definitely use it as the ultimate party pad or epic gatherings!
The kitchen? It's a showstopper! Reimagined with a modern, open-concept vibe, the expanded counter space is perfect for culinary wizards who crave style and function. From 2018-2021, this home received a serious make-over with a freshly poured concrete walkway and tile entry, energy-efficient windows throughout, and a vibrant exterior paint job for obvious curb appeal.
BUT HOLD ON—THE EXCITEMENT DOESN’T STOP THERE! The roof is only 7 years old, and comes with a leased solar system for just $187/month, keeping your energy bills low. Earthquake-ready?...YES!...the foundation is braced and bolted for peace of mind. Plus, a new HVAC system and upgraded electrical panel keep this home humming with modern efficiency Now, let’s talk about the real treasure on this lot....a 610 sqft. ADU that’s almost complete with a jaw-dropping $200,000 already invested! That's a $200,000 savings!! Coming with it's own sewer line, multiple cleanouts tied to the main sewer, you won't have to worry about back ups. And, the city-approved it so no inspection delays! Sale comes with approved blueprints. The ADU has an estimated $50,000 left to reach the completion goal. Dreaming of extra income? The lot’s 10,847 sqft size has room for a potential JADU, turning this property into a cash-flow powerhouse. Unfamiliar with Monrovia? This beautiful city is Nestled in the highly sought-after North Monrovia neighborhood, against the breathtaking backdrop of the majestic San Gabriel Mountains. Located just north of the 210 Freeway, this property boasts a prime location in a peaceful, family-oriented community, yet remains moments away from the vibrant charm of Old Town Monrovia’s boutique shops, dining, and entertainment.This isn’t just a home—it’s your ticket to a lifestyle upgrade and a wealth-building adventure. The heavy lifting is done. Just add your finishing flair.
Listing Agent
K.W. EXECUTIVE Brokerage Phone: 626-271-0369 License #01852861 Listed on: 09/04/2025

Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,406
Year Built
- Built in 1942
Lot Details
- 10,847 Sq Ft Lot
- Back and Front Yard
Parking
- 2 Car Garage
Interior Spaces
- 1,222 Sq Ft Home
- 2-Story Property
- Family Room
Bedrooms and Bathrooms
- 2 Bedrooms | 1 Main Level Bedroom
- Converted Bedroom
- 2 Full Bathrooms
Laundry
- Laundry Room
- Stacked Washer and Dryer
Location
- Property is near public transit
- Urban Location
Additional Features
- Exterior Lighting
- Central Air
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 4
- Tax Tract Number 6209
- Assessor Parcel Number 8515012028
- $621 per year additional tax assessments
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2025 | $5,406 | $387,291 | $235,878 | $151,413 |
2024 | $5,406 | $379,698 | $231,253 | $148,445 |
2023 | $5,449 | $385,171 | $226,721 | $158,450 |
2022 | $5,294 | $377,620 | $222,276 | $155,344 |
2021 | $5,277 | $370,217 | $217,918 | $152,299 |
2019 | $2,629 | $164,592 | $128,818 | $35,774 |
2018 | $2,487 | $161,366 | $126,293 | $35,073 |
2016 | $2,388 | $155,102 | $121,390 | $33,712 |
2015 | $2,339 | $152,773 | $119,567 | $33,206 |
2014 | $2,326 | $149,781 | $117,225 | $32,556 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
09/04/2025 09/04/25 | For Sale | $898,000 | -- | $735 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Interfamily Deed Transfer | -- | Stewart Title Guaranty Co | |
Grant Deed | $115,000 | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $342,750 | New Conventional | |
Closed | $230,000 | New Conventional | |
Closed | $182,000 | New Conventional | |
Closed | $113,353 | FHA | |
Previous Owner | $114,059 | FHA |
About the Listing Agent

I'm an expert real estate agent with K.W. EXECUTIVE in ALHAMBRA, CA and the nearby area, providing home-buyers and sellers with professional, responsive and attentive real estate services. Want an agent who'll really listen to what you want in a home? Need an agent who knows how to effectively market your home so it sells? Give me a call! I'm eager to help and would love to talk to you.
Mike's Other Listings
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV25196447

APN: 8515-012-028
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