509 Fano Street
Monrovia, CA, 91016
$878,000
1 Beds
1 Baths
784 SqFt
0.19 Acres
Add
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&#39'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

Price:
$878,000
MLS #:
SR25061316
Status:
Active Under Contract
Beds:
1
Baths:
1
Address:
509 Fano Street
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
639monrovia
City:
Monrovia
Listed Date:
Mar 19, 2025
State:
CA
Finished Sq Ft:
784
ZIP:
91016
Lot Size:
8,259 sqft / 0.19 acres (approx)
Year Built:
1934
Ask a Question

See this Listing

Send
  

Mortgage Calculator

 

Schools

School District:
Monrovia Unified

Interior

Appliances
Built- In Range, Dishwasher, Electric Oven, Disposal, Vented Exhaust Fan, Water Heater
Basement
Unfinished
Cooling
Central Air, Electric
Fireplace Features
Living Room, Gas
Heating
Central, Fireplace(s)
Interior Features
Ceiling Fan(s), Recessed Lighting, Storage, Tile Counters, Unfurnished

Exterior

Community Features
Biking, Dog Park, Foothills, Hiking, Park, Mountainous, Sidewalks, Street Lights, Valley
Fencing
Wood
Garage Spaces
2.00
Lot Features
Back Yard, Front Yard, Garden, Landscaped, Rectangular Lot, Yard
Parking Features
Garage, Garage Faces Front
Parking Spots
2.00
Pool Features
None
Sewer
Public Sewer
Spa Features
In Ground
Stories Total
1
View
Mountain(s)
Water Source
Public

Financial

Association Fee
0.00

Map

Community

Similar Listings Nearby

broker reciprocity Courtesy of eXp Realty of Greater Los Angeles, Inc.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved.
Rover IDX
509 Fano Street
Monrovia, CA