151 E El Norte St., Monrovia, California 91016, Monrovia, 91016 - 2 bed, 1 bath
ACTIVE$749,000
151 E El Norte St., Monrovia, California 91016
2Beds
1Bath
826Sqft
5,865Lot
Year Built
1953
Close
-
List price
$749K
Original List price
$798K
Price/Sqft
$907
HOA
-
Days on market
-
Sold On
-
MLS number
AR25231765
Home ConditionFair
Features
View-
About this home
Fairly Priced:The estimated price is in line with the list price. We found 3 Cons,5 Pros. Rank: price - $749.0K(6th), sqft - 826(5th), beds - 2(21th), baths - 1(23th).
This property is tenant occupied, please do not disturb tenant. All offers are to be made subject to interior inspection. This charming two-bedroom, one-bath traditional home is situated in a desirable location and makes a great starter home, with potential to expand if desired (owner has plans if desired). The property includes a one-car garage. The current owner operates the home as an Airbnb and tenant can vacate with proper notice. There is a one car garage and a large backyard.
Price History
Date
Event
Price
11/29/25
Price Change
$749,000-6.1%
10/03/25
Listing
$798,000
Condition Rating
Fair
Built in 1953, this property is aged but appears to be maintained. The bathroom is functional but significantly outdated with an older pedestal-style sink and basic tile flooring. The kitchen is not visible in the provided images, but given the overall age and style of the visible interior (hardwood floors, traditional furniture, pink walls), it is highly likely to also be dated and in need of modernization. While the home is livable, it requires substantial cosmetic updates throughout to meet current aesthetic and functional standards, particularly in the kitchen and bathroom areas. There are no immediate signs of major structural defects, but systems and finishes show their age.
Pros & Cons
Pros
Desirable Location: The property is situated in a desirable location within Monrovia, enhancing its appeal and potential for appreciation.
Expansion Potential: Offers significant potential for expansion, with the current owner having plans available, allowing for future value addition and customization.
Established Income Stream: Currently operating as a successful Airbnb, providing a proven income stream for investors or a mortgage offset for owner-occupants.
Generous Outdoor Space: Features a large backyard, offering valuable private outdoor living and entertainment space, a sought-after amenity.
Recent Price Adjustment: Benefits from a recent price reduction from $798,000 to $749,000, making it a more competitive and attractive investment opportunity.
Cons
Occupancy & Access Restrictions: The property is tenant-occupied, requiring offers to be subject to interior inspection and potentially complicating showings and closing timelines.
Compact Living Space: With 826 sqft, 2 bedrooms, and 1 bathroom, the home offers limited living space, which may not suit all buyer needs, particularly larger households.
Age of Property: Built in 1953, the home's age may imply a need for updates to systems or aesthetics to meet modern standards, potentially incurring additional costs for a buyer.