148 West Cherry Avenue, Monrovia, CA 91016
148 West Cherry Avenue, Monrovia, CA 91016
Property Description
NEW PRICE — NOW EVEN MORE ATTRACTIVE. We invite you to take another look at this excellent Monrovia opportunity. With the updated pricing, this spacious 4-bedroom, 3-bath home offering 1,623 square feet of comfortable living space home stands out as one of the best values in the area. Built in 2003 and lovingly maintained by the same owner for over 20 years, the home features a practical floor plan with multiple living areas, generous bedrooms, and central heating and air conditioning for year-round comfort. The property sits on a manageable 2,005-square-foot lot, providing a low maintenance yard with room for a garden, patio, or outdoor seating. Nestled in a desirable Monrovia neighborhood near the San Gabriel foothills, this home combines modern construction with convenience and potential—ideal for buyers ready to personalize and make it their own. This property may qualify for the City of Monrovia Residential Rehabilitation Grant Program, as well as Conventional Loan renovation programs that allow buyers to finance both the purchase and improvements with as little as 3% down. Eligible options include Fannie Mae’s HomeStyle Renovation and Freddie Mac’s CHOICERenovation and CHOICE Reno Express programs. For additional information please contact Charles Thomas.
Features & Amenities
Property Details
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Comparative Market Analysis
Residential Tier · 5 active · 5 closed
Monrovia · Single Family Residence
Listed 38.8% below the median closed sale of $1,250,000. Price per sqft ($471) is a 34% discount to closed comps ($719). Closed comps sold at 103% of list — strong seller's market.
Price Position
Priced below the market — value advantage over the field.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 108 Mountain | Monrovia | 2001 | 4 | 3 | 1,658 | 1,604 | $541 | $897,500 | 232 | 88 |
| 902 Colorado Boulevard | Monrovia | 2018 | 4 | 3 | 1,440 | 2,405 | $646 | $930,000 | 3 | 85 |
| 430 Walnut | Monrovia | 1990 | 3 | 3 | 1,990 | 2,696 | $496 | $988,000 | 38 | 76 |
| 357 Oakcliff Road | Monrovia | 1957 | 4 | 3 | 1,820 | 7,267 | $769 | $1.40M | 16 | 68 |
| 225 Andre Street | Monrovia | 1953 | 4 | 2 | 1,479 | 8,936 | $675 | $999,000 | 38 | 65 |
| Total: 5 · Average | 3.8 | 2.8 | 1,677.4 | 4,581.6 | $625.4 | $1.04M | 65.4 | |||
| Median | 1,658 | $988,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1124 Mayflower | Monrovia | 2003 | 07/17/2026 | 4 | 3 | 1,705 | 1,578 | $888,999 | $908,000 | $533 | 1.02 | 81 | 94 |
| 402 Almond Avenue | Monrovia | 1993 | 10/05/2026 | 3 | 3 | 1,280 | 3,027 | $819,000 | $821,000 | $641 | 1.00 | 87 | 75 |
| 1317 Orange Avenue | Monrovia | 1954 | 09/17/2026 | 3 | 3 | 1,656 | 11,265 | $1.28M | $1.38M | $834 | 1.07 | 37 | 68 |
| 341 Hill Street | Monrovia | 1975 | 07/27/2026 | 3 | 3 | 1,691 | 7,810 | $1.50M | $1.46M | $861 | 0.97 | 25 | 67 |
| 310 Parkrose | Monrovia | 1952 | 09/08/2026 | 3 | 3 | 1,721 | 8,808 | $1.18M | $1.25M | $726 | 1.06 | 38 | 66 |
| Total: 5 · Average | 3.2 | 3.0 | 1,610.6 | 6,497.6 | $1.16M | $1.16M | $719 | — | 53.6 | ||||
| Median | 1,691 | $1.25M | $1.25M | ||||||||||
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.