$1,325,000
●
House -
Off Market
312 El Nido Avenue
Monrovia, CA 91016
3 Beds
2 Baths
1,812 Ft²
$5,647
Est. Monthly
About This Property
Discover an exceptional opportunity in the heart of Monrovia!
Situated in the picturesque foothills, this single-story fixer sits
on a nearly 20,000 square foot lot, offering a tranquil and private
setting. The open floor plan, where a sun-drenched living room
awaits your personal touch and the adjacent dining area and kitchen
offer exciting reconfiguration potential. The primary suite
provides a peaceful escape, featuring ample closet space and a
private bath. Two additional well-sized bedrooms offer flexibility
for family or guests. The true magic lies beyond the walls, where
the vast grounds invite you to create your personal sanctuary.
Expand the existing footprint, create a backyard oasis with a pool,
or build the ultimate garage/workshop - there's even ample space
for an ADU - the possibilities are limitless! A brand-new 2024
sewer line connection adds significant value and peace of mind.
Unit Size
1,812 Ft²
Days on Market
36 days
Land Size
0.46 acres
Price per sqft
$635
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1941
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 years ago (CRMLS #AR25028185)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 14, 2025 | Sold | ||
| Sold | |||
| Feb 6, 2025 | Listed by Keller Williams Realty | $1,150,000 | |
| Listed by Keller Williams Realty | |||
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
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ft²
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Sold On
HOA + Taxes
About Monrovia
Similar Homes for Sale
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Listed by: Espi Bagwell, Keller Williams Realty
Last Updated: 2 years ago
Data Source: CRMLS, MLS# AR25028185
Last Updated: 2 years ago
Data Source: CRMLS, MLS# AR25028185
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