
740 West Colorado, Monrovia, CA 91016
740 West Colorado, Monrovia, CA 91016
Property Description
Located in the heart of Monrovia, this character-filled 2-bedroom, 1-bath home pairs timeless appeal with thoughtful modern upgrades. Fresh landscaping and a gated entrance create a welcoming first impression. Inside, dark wood laminate flooring flows throughout the home, while the inviting living room is centered by a gorgeous fireplace and framed by stunning mountain views. The formal dining room features classic wainscoting and a beautiful light fixture, making it equally suited for daily living and entertaining. The updated kitchen offers quartz countertops, freshly painted cabinets, newer appliances, and plenty of space to cook and gather. Both generously sized bedrooms provide ample closet space, sheer-panel drapery, and striking light fixtures. The refreshed bathroom features new penny-tile flooring and a shower/tub combination with a beautiful mosaic-tile inlay. Off the kitchen is a dedicated laundry room with built-in shelving, a utility sink, and cabinetry. Outside, the backyard is a true retreat with new landscaping and a screened patio complete with a built-in BBQ and fireplace, ideal for year-round entertaining. Just beyond the patio, a vegetable garden adds a charming touch. In this backyard you will also enjoy mature fruit trees including mango, apple, lemon, fig, and peach. The property’s large lot and layout may also present an appealing opportunity for an ADU conversion, subject to buyer investigation and applicable approvals. A detached two-car garage includes a versatile bonus room, perfect for a gym, art studio, or home office. Significant upgrades include a new electrical system throughout (2016), roof (2017), HVAC (2018), windows (2019), sewer line (2021), appliances (2022), fresh interior and exterior paint (2026), and a new landscaping and irrigation system (2026). With upgrades like these, this property is ready for years of enjoyment. Ideally located with easy access to the 210 Freeway and just minutes from the restaurants, cafés, shops, parks, and year-round community events of Old Town Monrovia, this is an opportunity you won’t want to miss.
Features & Amenities
Property Details
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Comparative Market Analysis
Affordable Tier · 5 active · 5 closed
Monrovia · Single Family Residence
Listed 5.7% above the median closed sale of $899,000.
Price Position
Positioned above the market — commands a premium.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 857 Encino Way | Monrovia | 1952 | 3 | 2 | 1,316 | 6,967 | $688 | $905,000 | 1 | 83 |
| 116 Brisbane Street | Monrovia | 1948 | 3 | 2 | 1,064 | 10,323 | $930 | $990,000 | 9 | 83 |
| 439 Montana Street | Monrovia | 1950 | 3 | 2 | 1,372 | 7,358 | $655 | $898,000 | 31 | 82 |
| 157 Madeline Drive | Monrovia | 1967 | 3 | 2 | 1,394 | 6,512 | $789 | $1.10M | 115 | 77 |
| 134 Melrose | Monrovia | 1923 | 2 | 2 | 918 | 9,488 | $1,132 | $1.04M | 55 | 76 |
| Total: 5 · Average | 2.8 | 2.0 | 1,212.8 | 8,129.6 | $838.8 | $986,400 | 42.2 | |||
| Median | 1,316 | $990,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 721 Colorado | Monrovia | 1947 | 08/25/2026 | 2 | 1 | 973 | 6,858 | $823,000 | $840,000 | $863 | 1.02 | 48 | 93 |
| 845 Oakdale | Monrovia | 1947 | 09/11/2026 | 2 | 2 | 1,278 | 7,026 | $899,888 | $899,888 | $704 | 1.00 | 104 | 92 |
| 373 Norumbega | Monrovia | 1950 | 08/24/2026 | 2 | 1 | 1,129 | 6,093 | $799,999 | $790,000 | $700 | 0.99 | 20 | 89 |
| 2430 Treelane Avenue | Monrovia | 1948 | 08/05/2026 | 3 | 2 | 1,224 | 8,982 | $1.05M | $1.02M | $833 | 0.97 | 26 | 88 |
| 612 King Street | Monrovia | 1927 | 09/29/2026 | 2 | 1 | 1,168 | 6,532 | $899,000 | $899,000 | $770 | 1.00 | 69 | 88 |
| Total: 5 · Average | 2.2 | 1.4 | 1,154.4 | 7,098.2 | $889,777.6 | $889,777.6 | $774 | — | 53.4 | ||||
| Median | 1,168 | $899,000 | $899,000 | ||||||||||
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.