924 W Colorado Boulevard, Monrovia, California 91016, Monrovia, 91016 - bed, bath

924 W Colorado Boulevard, Monrovia, California 91016 home-pic-0
ACTIVE$908,000
924 W Colorado Boulevard, Monrovia, California 91016
0Bed
0Bath
1,705Sqft
8,637Lot
Year Built
1954
Close
-
List price
$908K
Original List price
$998K
Price/Sqft
$533
HOA
-
Days on market
-
Sold On
-
MLS number
WS25120755
Home ConditionGood
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $908.0K(36th), sqft - 1705(36th), beds - undefined(50th), baths - undefined(50th).

Welcom to renovated duplex in city of Monovia. Sellers just did some upgrades on the front unit: Newly kitchen, new window, new flooring, newly bath room......

Price History

Date
Event
Price
08/19/25
Price Change
$908,000
05/30/25
Listing
$998,000
Condition Rating
Good

The property, a duplex built in 1954, has undergone significant recent renovations in its front unit, including a newly updated kitchen with modern white shaker cabinets, quartz countertops, and stainless steel appliances, as well as new bathrooms with contemporary fixtures and new flooring throughout. This unit is move-in ready and presents in excellent condition. However, images also reveal an unrenovated, outdated kitchen in what appears to be the second unit, and the exterior and backyard show signs of age and deferred maintenance. Therefore, while one unit is nearly excellent, the property as a whole has not undergone a full, comprehensive renovation, aligning it with a 'Good' condition score where some components are updated, but the entire property is not.
Pros & Cons

Pros

Income-Generating Property: As a duplex (Residential Income type), this property offers immediate potential for rental income, making it attractive for investors or owner-occupants seeking to offset mortgage costs.
Recent Front Unit Renovations: The front unit has undergone significant upgrades, including a newly remodeled kitchen, new windows, new flooring, and a new bathroom, enhancing its appeal and reducing immediate renovation needs for a new owner.
Desirable Monrovia Location: Located in Monrovia, the property benefits from being in a well-regarded city known for its community amenities, charming downtown, and convenient access to the wider San Gabriel Valley.
Generous Lot Size: The substantial 8,637 sqft lot provides ample outdoor space, potential for privacy, and could offer future opportunities for expansion or the addition of an Accessory Dwelling Unit (ADU), subject to local zoning.
Significant Price Reduction: The property has seen a notable price reduction from its original list price of $998,000 to $908,000, indicating a motivated seller and potentially a more attractive value proposition for buyers.

Cons

Partial Renovation: The description explicitly states upgrades were done 'on the front unit,' implying the rear unit or other common areas may not have received similar updates, potentially requiring future investment from the buyer.
Age of Property: Built in 1954, the property is older, which suggests that underlying systems (e.g., plumbing, electrical, HVAC, roof) not covered by the recent 'front unit' renovations may be original or nearing the end of their lifespan, necessitating future maintenance or replacement.
Limited Information on Second Unit: The property description lacks specific details regarding the condition, layout, or recent updates of the second unit, which could lead to unforeseen costs or renovation requirements for a prospective buyer.

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