509 Fano Street
Monrovia, CA 91016
784 sqft | 1 bed | 1 bath | 0.19 acres | #SR25061316
Description
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!
Property Details
- InteriorCeilingFans, RecessedLighting, Storage, TileCounters, Unfurnished, AllBedroomsDown, BedroomOnMainLevel, Loft, MainLevelPrimary
- Lot DescriptionBackYard, FrontYard, Garden, Landscaped, RectangularLot, Yard
- Property SubtypeSingleFamilyResidence
- School DistrictMonrovia Unified
- Sewer InformationPublicSewer
- CountyLos Angeles
- BasementUnfinished
- MLS #SR25061316
- MLS #SR25061316
- ViewMountains
- Property TypePurchase
- Original List Price$878,000
- Acres0.1896
- Utility SourcePublic
- Cost878000
- Structure TypeHouse
- Year Built1934
- Square Feet784
- Bedrooms1
- Bathrooms1
- Full Baths1
- Stories1
- Parking Spaces2
Location
Legal
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Kimberle Tillage (#SR151503485)
Listing Office: eXp Realty of Greater Los Angeles, Inc. (#SR0154300)
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