$1,899,950
 $10,199 est/mo Sourced by Back At You

506 N Magnolia,Monrovia, CA 91016

Monrovia, CA 91016

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Description

Nestled on an expansive 77,907-square-foot lot, this versatile multi-structure compound offers an exceptional canvas brimming with value-add potential. The main residence features a spacious, sun-filled living room anchored by a cozy fireplace, paired with a formal dining room wrapped in walls of windows that bring the lush garden views inside. The functional galley kitchen comes fully equipped with new Bosch appliances (installed in 2022), complemented by updated shaker cabinetry, quartz countertops, and tiled flooring. A secondary den offers a warm retreat complete with its own fireplace, built-in storage, recessed lighting, and direct sliding-door access to the outdoors. Upstairs, the primary bedroom with an adjoining bath is accompanied by two additional bedrooms, a full hall bath, and a private balcony deck. A 445-square-foot flexible basement area presents an ideal opportunity for custom transformation into a wine cellar, home theater, or specialized storage space. Beyond the main house, the property's expansive grounds unlock incredible possibilities for multi-generational living, creative workspace, or rental income streams, anchored by an impressive orchard of several dozen fruiting olive trees that are over 100 years old. A detached 250-square-foot cottage features high ceilings, its own private bathroom, and an independent mini-split heating and cooling system. Situated across the carport, a secondary large multi-purpose flex room includes a bathroom and dedicated laundry area, perfect for an artist studio, home gym, or executive office. Outdoor amenities include a covered patio ideal for al fresco entertaining, an above-ground pool, dedicated storage units, and ample uncovered parking across the tranquil, private grounds. Modern infrastructure updates add significant value, comfort, and energy efficiency throughout, including brand-new windows installed in 2026, a ducted heat pump HVAC system with separate units for the upstairs and downstairs (installed in 2022), and an owned 17kW solar system paired with 26kW battery backup storage.

Details

MLS #AR26235325
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1910
Days On Site10
Listing Provided ByKeller Williams Realty | Espi Bagwell

Features

Bed(s)3
Bath(s) 2 Total
SQ Feet2,323
PoolYes
Story(s)2
Units1
Acreage1.79
Property ViewYes

Interior

CoolingCentral Air, Zoned
HeatingCentral, Heat Pump
Heating Yes / NoYes
Cooling Yes / NoYes
Interior FeaturesSeparate Formal Dining Room
Window FeaturesDouble Pane Windows
AppliancesElectric Cooktop, Electric Oven, Microwave, Refrigerator
Fireplace Yes / NoYes

Exterior

Lot FeaturesLot Over40000Sqft

Parking

Parking FeaturesDriveway
Garage Yes / NoNo

Utilities

ElectricPhotovoltaics Seller Owned
SewerPublic Sewer

Location

Community FeaturesFoothills

Area Information

StateCA
CountyLos Angeles
CityMonrovia
Zip Code91016
Area639 Monrovia
Listing VS Median (in 91016)
Price:
$1,899,950
low | high
Med:
$930,000
100% of Average
sqft:
2,323
low | high
Med:
1,440
88.01119242359% of Average
$ / sqft:
$818
low | high
Med:
$646
71.036299200856% of Average
On site:
10
low | high
Med:
113
8.849557522124% of Average
Sourced by Back At You

Market Activity 91016

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Learn More About This Property

StateCA
CountyLos Angeles
CityMonrovia
Zip Code91016
Area639 Monrovia
Listing VS Median (in 91016)
Price:
$1,899,950
low | high
Med:
$930,000
100% of Average
sqft:
2,323
low | high
Med:
1,440
88.01119242359% of Average
$ / sqft:
$818
low | high
Med:
$646
71.036299200856% of Average
On site:
10
low | high
Med:
113
8.849557522124% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.424M - $2.374M
sqft: 1,500 - 2,500
Nearby Listings Property ImageNearby Listings Details
502 Mesa Property Photo 1
$1,450,000
502 Mesa
Monrovia, CA 91016
Listing Updated: November 8, 2026 at 4:57:27 AM PST