612 E Colorado Blvd Monrovia, CA 91016
Monrovia AreaEstimated payment $10,689/month
Highlights
- Detached Guest House
- Primary Bedroom Suite
- Wood Flooring
- Clifton Middle School Rated A-
- Gated Parking
- 3-minute walk to Recreation Park
About This Home
JUST REDUCED BY $80k! Approved/Stamped Garage ADU conversion plans included so you can start the value-add right away!
Two homes on one lot, blocks from Old Town Monrovia, with all the expensive permitted remodel work done. The front house (#612) lives like an elegant single-family residence: ~1,550+sf, 3 bedrooms, 3 baths, plus a flexible bonus den that works as an office, guest room, or 4th bedroom. The primary suite offers a room-size walk-in closet and en-suite bath, while the secondary suite enjoys its own private entrance, ¾ bath, walk-in closet, and sink — ready to be permitted as a JADU. The spacious galley kitchen, thoughtfully designed, opens to the living and dining areas, creating a comfortable and inviting space for everyday living and entertaining. The detached rear unit (#614) above the garage: a private ~500sf unit — 1 bedroom, a den with closet space easily serves as a 2nd bedroom, ¾ bath, efficiency kitchen, and living room is immediately income-producing.
A renovation to the studs: new plumbing, new electrical with new meter & subpanels, tankless water heaters for both units, new roof, new central A/C, new mini-split, new premium waterproof engineered wood flooring, new cabinetry, new decking, all new windows, and all-new appliances. The existing 2-car garage has approved plans permitted for a 496sf ADU conversion, and the oversized courtyard offers room for an additional ~1,000sf detached ADU. Buyer to verify all development potential with the City of Monrovia and perform own due diligence.
Live in front, collect income in back, and grow into the lot! Few San Gabriel Valley properties let an owner-occupant offset their housing cost while building a multi-unit portfolio on a single parcel. An excellent move-in-ready option for owner-users, multigenerational families, and investors. Lots of mature trees like Mango, Avocado, Lemon & Orange!! Short walk to the vibrant Old Town, Myrtle Avenue dining, Library Park, and shopping, with the A Line and the 210 Freeway minutes away. An extraordinary property offering versatility, quality, and future upside! A rare opportunity not to be missed!
Listing Agent
eXp Realty of Southern CA, Inc Brokerage Phone: 626-345-8338 License #01891454 Listed on: 07/28/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1948 | Remodeled
Lot Details
- 8,472 Sq Ft Lot
- Property fronts an alley
- No Common Walls
- Vinyl Fence
- Wood Fence
- Backyard Sprinklers
- Back and Front Yard
Parking
- 2 Car Garage
- 10 Open Parking Spaces
- Parking Available
- Rear-Facing Garage
- Two Garage Doors
- Driveway
- Gated Parking
Home Design
- Duplex
- Modern Architecture
- Entry on the 1st floor
- Turnkey
- Raised Foundation
- Slab Foundation
- Fire Rated Drywall
- Stucco
Interior Spaces
- 2,057 Sq Ft Home
- 1-Story Property
- Skylights
- Recessed Lighting
- Double Pane Windows
- Low Emissivity Windows
- Window Screens
- Living Room
- Home Office
- Bonus Room
- Wood Flooring
- Neighborhood Views
- Attic Fan
Kitchen
- Galley Kitchen
- Convection Oven
- Gas Oven
- Built-In Range
- Range Hood
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom Suite
- Walk-In Closet
- In-Law or Guest Suite
- 4 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Home Security
- Security Lights
- Closed Circuit Camera
- Carbon Monoxide Detectors
- Fire and Smoke Detector
- Termite Clearance
Utilities
- Whole House Fan
- Central Heating and Cooling System
- Heating System Uses Natural Gas
- Vented Exhaust Fan
- 220 Volts in Garage
- Natural Gas Connected
- Tankless Water Heater
- Gas Water Heater
Additional Features
- Doors are 32 inches wide or more
- Detached Guest House
Listing and Financial Details
- Tax Lot 2
- Tax Tract Number 2
- Assessor Parcel Number 8517012012
- $867 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 2 Units
Amenities
- Laundry Facilities
Recreation
- Park
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $13,582 | $1,009,188 | $832,320 | $176,868 |
| 2025 | $13,582 | $989,400 | $816,000 | $173,400 |
| 2024 | $4,145 | $266,650 | $89,788 | $176,862 |
| 2023 | $4,056 | $261,423 | $88,028 | $173,395 |
| 2022 | $3,946 | $256,298 | $86,302 | $169,996 |
| 2021 | $3,862 | $251,273 | $84,610 | $166,663 |
| 2020 | $3,758 | $248,698 | $83,743 | $164,955 |
| 2019 | $3,696 | $243,822 | $82,101 | $161,721 |
| 2018 | $3,548 | $239,042 | $80,492 | $158,550 |
| 2016 | $3,399 | $229,762 | $77,367 | $152,395 |
| 2015 | $3,329 | $226,311 | $76,205 | $150,106 |
| 2014 | $3,306 | $221,879 | $74,713 | $147,166 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/21/2026 08/21/26 | Price Changed | $1,680,000 | -4.5% | $817 / Sq Ft | |
| 07/28/2026 07/28/26 | For Sale | $1,760,000 | +81.4% | $856 / Sq Ft | |
| 06/03/2024 06/03/24 | Sold | $970,000 | 0.0% | $472 / Sq Ft | View Prior Sale |
| 06/03/2024 06/03/24 | Sold | $970,000 | -10.9% | $472 / Sq Ft | View Prior Sale |
| 05/03/2024 05/03/24 | Pending | -- | -- | -- | |
| 05/03/2024 05/03/24 | Pending | -- | -- | -- | |
| 04/23/2024 04/23/24 | For Sale | $1,088,800 | 0.0% | $529 / Sq Ft | |
| 04/05/2024 04/05/24 | For Sale | $1,088,800 | +12.2% | $529 / Sq Ft | |
| 04/05/2024 04/05/24 | Off Market | $970,000 | -- | -- | |
| 03/05/2024 03/05/24 | Price Changed | $1,088,800 | -5.2% | $529 / Sq Ft | |
| 03/02/2024 03/02/24 | For Sale | $1,148,800 | 0.0% | $558 / Sq Ft | |
| 02/12/2024 02/12/24 | Pending | -- | -- | -- | |
| 02/02/2024 02/02/24 | For Sale | $1,148,800 | 0.0% | $558 / Sq Ft | |
| 01/28/2024 01/28/24 | Pending | -- | -- | -- | |
| 01/23/2024 01/23/24 | For Sale | $1,148,800 | -- | $558 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,029,000 | Chicago Title Company | |
| Grant Deed | $1,029,000 | Chicago Title Company | |
| Grant Deed | $970,000 | Chicago Title | |
| Interfamily Deed Transfer | -- | None Available |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $850,000 | Construction | |
| Closed | $820,000 | Construction | |
| Closed | $820,000 | Construction | |
| Previous Owner | $94,290 | Unknown | |
| Previous Owner | $100,900 | Unknown |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: AR26164692
APN: 8517-012-012
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Ask me questions while you tour the home.