$905,000
SOLD MAY 19, 2025

509 Fano St Monrovia, CA 91016

1 Bed
1 Bath
784 Sq Ft
8,259 Sq Ft Lot

Recently Sold

$1,154 Per Sq Ft

3% Above List Price

15 Days on Market

Highlights

  • In Ground Spa
  • Mountain View
  • Loft
  • Monrovia High School Rated A
  • Main Floor Primary Bedroom
  • Private Yard

About This Home

As of May 2025

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 of vintage appeal and future investment potential. Don’t miss out on this rare chance to build, expand, or simply enjoy a spacious backyard retreat!Schedule your viewing today!

Last Agent to Sell the Property

Kimberle Tillage

eXp Realty of Greater Los Angeles, Inc. Brokerage Email: kimberlemarie@gmail.com License #01456920 Listed on: 03/20/2025

eXp Realty of Greater Los Angeles, Inc.

Last Buyer's Agent

LI YAO

PACIFIC STERLING REALTY License #02216435

PACIFIC STERLING REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,525

Year Built

  • Built in 1934

Lot Details

  • 8,259 Sq Ft Lot
  • Wood Fence
  • Landscaped
  • Rectangular Lot
  • Private Yard
  • Garden
  • Back and Front Yard
  • Property is zoned MORM*

Parking

  • 2 Car Garage
  • Parking Available
  • Front Facing Garage

Home Design

  • Cottage
  • Entry on the 1st floor
  • Fixer Upper

Interior Spaces

  • 784 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Family Room
  • Living Room with Fireplace
  • Loft
  • Storage
  • Mountain Views
  • Unfinished Basement

Kitchen

  • Electric Oven
  • Built-In Range
  • Dishwasher
  • Tile Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Bathroom on Main Level
  • 1 Full Bathroom
  • Bathtub with Shower
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Washer and Gas Dryer Hookup

Outdoor Features

  • In Ground Spa
  • Patio
  • Exterior Lighting
  • Rear Porch

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Water Heater

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 4397
  • Assessor Parcel Number 8507011023
  • $504 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Foothills
  • Mountainous Community
  • Valley

Recreation

  • Park
  • Dog Park
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,525

Year Built

Built in 1934

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Inclusions: Jasmine pergola on back porch
  • Property Attached: No
  • View: Yes
  • Zoning: MORM*
  • Architectural Style: Cottage
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 8507011023
  • Year Built: 1934
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 784.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Recessed Lighting, Storage, Tile Counters, Unfurnished
  • Stories: 1
  • Entry Location: Street
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Level: 1
  • Fireplace Features: Living Room, Gas
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1154.34
  • Room Type: All Bedrooms Down, Basement, Family Room, Kitchen, Laundry, Living Room, Loft, Main Floor Bedroom, Main Floor Primary Bedroom
  • Spa Features: In Ground
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Exhaust Fan(s), Main Floor Full Bath
  • Basement: Unfinished

Exterior Features

  • Patio: Yes
  • View: Mountain(s)
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Patio, Porch, Rear Porch, Slab
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Front
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Electric Oven, Disposal, Vented Exhaust Fan, Water Heater
  • Heating Type: Central, Fireplace(s)
  • Laundry Features: Gas Dryer Hookup, In Kitchen, Individual Room, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Dog Park, Foothills, Hiking, Park, Mountainous, Sidewalks, Street Lights, Valley

Schools

  • School District: Monrovia Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Garden, Landscaped, Rectangular Lot, Yard
  • Lot Size Sq Ft: 8259.00
  • Lot Size Acres: 0.1896

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8259.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4309.02
  • Tax Lot: 1
  • Tax Tract Number: 4397
  • TaxOtherAnnualAssessmentAmount: 504.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 20, 2023
Sold by
Hanzel Daniel E
Bought by
Hanzel Daniel E and Watkins Lisa M
Current Estimated Value
$888,112

Purchase Details

Closed on
Nov 17, 1998
Sold by
Hanzel Daniel E
Bought by
Hanzel Daniel E and Murray Hanzel Melanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,550
Interest Rate
6.42%
Source: Public Records

Range of Values:

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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Gift Deed -- None Listed On Document
Gift Deed -- Universal Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $66,550 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2025 05/19/25 Sold $905,000 +3.1% $1,154 / Sq Ft
04/04/2025 04/04/25 Pending -- -- --
03/20/2025 03/20/25 For Sale $878,000 -- $1,120 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $1,525 $87,817 $44,589 $43,228
2024 $1,525 $86,096 $43,715 $42,381
2023 $1,492 $84,408 $42,858 $41,550
2022 $1,453 $82,754 $42,018 $40,736
2021 $1,421 $81,133 $41,195 $39,938
2019 $1,367 $78,728 $39,974 $38,754
2018 $1,319 $77,186 $39,191 $37,995
2016 $1,265 $74,190 $37,670 $36,520
2015 $1,240 $73,077 $37,105 $35,972
2014 $1,236 $71,647 $36,379 $35,268
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR25061316

California Regional Multiple Listing Service (CRMLS)

APN: 8507-011-023