134 Melrose, Monrovia, CA 91016
134 Melrose, Monrovia, CA 91016
Property Description
Step into this storybook bungalow located on one of Monrovia's most peaceful streets. This 2-bed, 2-bath gem has been meticulously maintained, featuring a bright, airy kitchen with updated cabinetry and a spacious living room perfect for entertaining. The property shines with its craftsman architecture, including front porch and mature landscaping. The standout feature is the oversized lot, offering nearly 9,500 square feet of private space—rare for the area. Whether you’re looking to build your dream backyard or explore development opportunities, this property offers the space and character you’ve been searching for. Modern wood-look flooring, recessed lighting, and updated bathrooms. Original 1920s architecture, brick fireplace, and covered front porch. • Prime Location: Located in a desirable Monrovia neighborhood near local dining and shopping. Incredible Opportunity with Ready-to-Build Plans in Prime Monrovia! This charming property offers the perfect blend of immediate comfort and massive upside potential. Best of all, it comes complete with fully drafted plans for a massive 1,518 square foot addition to the main house. Skip the lengthy design delays and fast-track your dream home expansion. Whether you are an investor looking to maximize equity or a homeowner wanting to customize your forever space, this property delivers unmatched value. Located on a beautiful tree-lined street close to Old Town Monrovia's shopping, dining, and transit. Do not miss out on this rare, value-add gem!
Features & Amenities
Property Details
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Comparative Market Analysis
Affordable Tier · 4 active · 5 closed
Monrovia · Single Family Residence
Listed 20.1% above the median closed sale of $865,000. Price per sqft ($1,132) is a 21% premium to closed comps ($933). Closed comps sold at 102% of list — strong seller's market.
Price Position
Positioned above the market — commands a premium.
Active Properties (4)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 616 Canyon | Monrovia | 1924 | 2 | 1 | 764 | 3,003 | $966 | $738,000 | 62 | 82 |
| 116 Brisbane Street | Monrovia | 1948 | 3 | 2 | 1,064 | 10,323 | $930 | $990,000 | 9 | 81 |
| 703 Primrose Avenue | Monrovia | 1887 | 2 | 2 | 936 | 3,845 | $960 | $899,000 | 23 | 80 |
| 740 Colorado | Monrovia | 1946 | 2 | 1 | 1,186 | 7,541 | $801 | $950,000 | 41 | 76 |
| Total: 4 · Average | 2.3 | 1.5 | 987.5 | 6,178 | $914.25 | $894,250 | 33.75 | |||
| Median | 1,064 | $950,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 402 Wildrose Avenue | Monrovia | 1923 | 05/15/2026 | 2 | 1 | 904 | 4,407 | $850,000 | $900,000 | $996 | 1.06 | 38 | 87 |
| 340 Lime | Monrovia | 1925 | 05/28/2026 | 2 | 1 | 904 | 5,439 | $899,000 | $925,000 | $1,023 | 1.03 | 50 | 86 |
| 347 Linwood Avenue | Monrovia | 1925 | 07/28/2026 | 2 | 1 | 780 | 6,102 | $749,000 | $780,000 | $1,000 | 1.04 | 36 | 85 |
| 721 Colorado | Monrovia | 1947 | 08/25/2026 | 2 | 1 | 973 | 6,858 | $823,000 | $840,000 | $863 | 1.02 | 48 | 83 |
| 225 Madeline Drive | Monrovia | 1926 | 06/11/2026 | 3 | 2 | 1,106 | 5,418 | $890,000 | $865,000 | $782 | 0.97 | 21 | 81 |
| Total: 5 · Average | 2.2 | 1.2 | 933.4 | 5,644.8 | $862,000 | $862,000 | $932.8 | — | 38.6 | ||||
| Median | 904 | $865,000 | $865,000 | ||||||||||
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.