305 East Camino Real, Monrovia, CA 91016
305 East Camino Real, Monrovia, CA 91016
Property Description
Income-Producing Property with Two Separate Residences in Monrovia! This unique property features two well-maintained homes on a 9,240 sq. ft. corner lot. The ADU fronting on a separate street. The main residence at 305 E. Camino Real offers 4 bedrooms, 2 bathrooms, and 1,383 sq. ft. Built in 1950 and updated in 2022. The separate ADU at 2316 Redell St., built in 2022, offers 4 bedrooms, 2 bathrooms, and 1,199 sq. ft. Separated gas, water, and electric meters, Two 2-car detached garages. Solar Panels. The combined 8 bedrooms and 4 bathrooms can generate strong monthly rental income. This property is an excellent opportunity for investors, extended families, or buyers seeking income potentials. Monrovia Unified School.
Features & Amenities
Property Details
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Comparative Market Analysis
Luxury Tier · 5 active · 5 closed
Monrovia · Single Family Residence
Listed 4.5% below the median closed sale of $1,833,000. Price per sqft ($678) is a 16% discount to closed comps ($804). Closed comps sold at 105% of list — strong seller's market. Luxury tier — fewer comparable sales widen the confidence range.
Price Position
Aligned with the market — fair pricing for the comps.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 2666 Fairgreen Avenue | Arcadia | 1950 | 7 | 4 | 2,565 | 11,914 | $682 | $1.75M | 61 | 86 |
| 1221 Magnis Street | Arcadia | 1953 | 6 | 4 | 2,882 | 11,130 | $642 | $1.85M | 61 | 84 |
| 266 Brisbane Street | Monrovia | 1948 | 5 | 6 | 2,574 | 12,356 | $621 | $1.60M | 17 | 83 |
| 2346 Fairgreen Avenue | Monrovia | 1947 | 10 | 5 | 3,050 | 12,250 | $587 | $1.79M | 61 | 80 |
| 2623 Fairgreen | Arcadia | 1951 | 3 | 3 | 2,262 | 11,900 | $706 | $1.60M | 79 | 72 |
| Total: 5 · Average | 6.2 | 4.4 | 2,666.6 | 11,910 | $647.6 | $1.72M | 55.8 | |||
| Median | 2,574 | $1.75M | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2114 8th Ave | Arcadia | 1950 | 05/28/2026 | 3 | 3 | 2,198 | 9,428 | $1.82M | $1.84M | $837 | 1.01 | 63 | 77 |
| 617 Encino Court | Arcadia | 1963 | 06/18/2026 | 4 | 2 | 2,466 | 10,429 | $1.80M | $1.83M | $743 | 1.02 | 30 | 75 |
| 2328 Lee Avenue | Arcadia | 1963 | 05/15/2026 | 5 | 4 | 2,760 | 10,704 | $1.99M | $2.00M | $726 | 1.01 | 56 | 72 |
| 2224 Hollis Lane | Arcadia | 1948 | 05/20/2026 | 4 | 4 | 1,780 | 7,550 | $1.45M | $1.58M | $888 | 1.09 | 23 | 70 |
| 415 Alster | Arcadia | 1949 | 02/20/2026 | 4 | 2 | 1,968 | 8,564 | $1.47M | $1.63M | $826 | 1.11 | 38 | 70 |
| Total: 5 · Average | 4.0 | 3.0 | 2,234.4 | 9,335 | $1.78M | $1.78M | $804 | — | 42 | ||||
| Median | 2,198 | $1.83M | $1.83M | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.