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!
Sold for $905,000
Listing Provided by: eXp Realty of Greater Los Angeles, Inc.
Bought with: PACIFIC STERLING REALTY/Irvine
$905,000
509 Fano St, Monrovia, CA 91016
1beds
784sqft
Single Family Residence
Built in 1934
8,259 Square Feet Lot
$898,900 Zestimate®
$1,154/sqft
$2,013 Estimated rent
Home value
$898,900
$809,000 - $998,000
$2,013/mo
Zestimate® history
Owner options
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$2,013/mo
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$2,013/mo
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$5,669/mo
Est. payment
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$5,669/mo
Est. payment
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Zillow last checked:
Listing updated:
Listing Provided by:
Kimberle Tillage DRE #01456920 kimberlemarie@gmail.com,
eXp Realty of Greater Los Angeles, Inc.
Bought with:
LI YAO, DRE #02216435
PACIFIC STERLING REALTY/Irvine
Source: CRMLS,MLS#: SR25061316
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Primary bedroom
- Features: Main Level Primary
Bedroom
- Features: All Bedrooms Down
Bedroom
- Features: Bedroom on Main Level
Bathroom
- Features: Bathroom Exhaust Fan, Bathtub, Full Bath on Main Level, Separate Shower, Tub Shower
Heating
- Central, Fireplace(s)
Cooling
- Central Air, Electric
Appliances
- Included: Built-In Range, Dishwasher, Electric Oven, Disposal, Vented Exhaust Fan, Water Heater
- Laundry: Washer Hookup, Gas Dryer Hookup, Inside, In Kitchen, Laundry Room
Features
- Ceiling Fan(s), Recessed Lighting, Storage, Tile Counters, Unfurnished, All Bedrooms Down, Bedroom on Main Level, Loft, Main Level Primary
- Basement: Unfinished
- Has fireplace: Yes
- Fireplace features: Gas, Living Room
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 784 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage Faces Front, Garage
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Entry location: Street
- Patio & porch: Rear Porch, Concrete, Patio, Porch
- Pool features: None
- Has spa: Yes
- Spa features: In Ground
- Fencing: Wood
- Has view: Yes
- View description: Mountain(s)
Lot
- Size: 8,259 sqft
- Features: Back Yard, Front Yard, Garden, Landscaped, Rectangular Lot, Yard
Details
- Parcel number: 8507011023
- Zoning: MORM*
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cottage
- Property subtype: Single Family Residence
Condition
- Fixer
- New construction: No
- Year built: 1934
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Biking, Dog Park, Foothills, Hiking, Mountainous, Park, Street Lights, Sidewalks, Valley
Location
- Region: Monrovia
Other
Other facts
- Listing terms: Cash,Conventional,1031 Exchange,FHA
Price history
| Date | Event | Price |
|---|---|---|
| 8/16/2025 | Listing removed | $2,300$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/11/2025 | Listed for rent | $2,300$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/19/2025 | Sold | $905,000+3.1%$1,154/sqft |
Source:  CRMLS #SR25061316 Report a problem | ||
| 4/18/2025 | Pending sale | $878,000$1,120/sqft |
Source: CRMLS #SR25061316 Report a problem | ||
| 4/7/2025 | Contingent | $878,000$1,120/sqft |
Source: CRMLS #SR25061316 Report a problem | ||
| 7/18/2024 | Listed for sale | $878,000$1,120/sqft |
Source: CRMLS #SR24147472 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $12,041 +689.6% | $87,817 +2% |
| 2024 | $1,525 +2.2% | $86,096 +2% |
| 2023 | $1,492 +2.7% | $84,408 +2% |
| 2022 | $1,453 +2.2% | $82,754 +2% |
| 2021 | $1,421 +2.4% | $81,133 +1% |
| 2020 | $1,389 | $80,302 +2% |
| 2019 | $1,389 +5.3% | $78,728 +2% |
| 2018 | $1,319 | $77,186 +2% |
| 2017 | $1,319 +1.8% | $75,673 +2% |
| 2016 | $1,297 +2.5% | $74,190 +1.5% |
| 2015 | $1,265 +2.4% | $73,077 +2% |
| 2014 | $1,236 | $71,647 +2.5% |
| 2012 | -- | $69,926 +2% |
| 2011 | -- | $68,556 +0.8% |
| 2010 | -- | $68,044 -0.2% |
| 2009 | -- | $68,207 +2% |
| 2008 | -- | $66,870 +2% |
| 2007 | -- | $65,560 +2% |
| 2006 | -- | $64,276 |
| 2005 | -- | $64,276 +4% |
| 2004 | -- | $61,782 +1.9% |
| 2003 | -- | $60,651 +2% |
| 2002 | -- | $59,463 +4% |
| 2000 | -- | $57,156 |
Find assessor info on the county website
Neighborhood: 91016
Nearby schools
GreatSchools rating
- 7/10Wild Rose Elementary SchoolGrades: K-6Distance: 1.5 mi
- 6/10Santa Fe Computer Science MagnetGrades: 7-8Distance: 0.5 mi
- 7/10Monrovia High SchoolGrades: 9-12Distance: 1.1 mi
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Estimated market value
$898,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$898,900
- California
- Los Angeles County
- Monrovia
- 91016
- 509 Fano St
Nearby cities
Nearby zip codes
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