506 N Magnolia

Monrovia, CA 91016
  • $1,899,950

    Price
  • 3

    Bed
  • 2

    Bath
  • 2,323

    SqFt
  • 1.79

    Acre

About the Listing 3848 - A34342,ar39391

Nestled on an expansive 77,907-square-foot lot, this versatile multi-structure compound offers an exceptional canvas brimming with value-add potential. The main residence features a spacious, sun-filled living room anchored by a cozy fireplace, paired with a formal dining room wrapped in walls of windows that bring the lush garden views inside. The functional galley kitchen comes fully equipped with new Bosch appliances (installed in 2022), complemented by updated shaker cabinetry, quartz countertops, and tiled flooring. A secondary den offers a warm retreat complete with its own fireplace, built-in storage, recessed lighting, and direct sliding-door access to the outdoors. Upstairs, the primary bedroom with an adjoining bath is accompanied by two additional bedrooms, a full hall bath, and a private balcony deck. A 445-square-foot flexible basement area presents an ideal opportunity for custom transformation into a wine cellar, home theater, or specialized storage space. Beyond the main house, the property’s expansive grounds unlock incredible possibilities for multi-generational living, creative workspace, or rental income streams, anchored by an impressive orchard of several dozen fruiting olive trees that are over 100 years old. A detached 250-square-foot cottage features high ceilings, its own private bathroom, and an independent mini-split heating and cooling system. Situated across the carport, a secondary large multi-purpose flex room includes a bathroom and dedicated laundry area, perfect for an artist studio, home gym, or executive office. Outdoor amenities include a covered patio ideal for al fresco entertaining, an above-ground pool, dedicated storage units, and ample uncovered parking across the tranquil, private grounds. Modern infrastructure updates add significant value, comfort, and energy efficiency throughout, including brand-new windows installed in 2026, a ducted heat pump HVAC system with separate units for the upstairs and downstairs (installed in 2022), and an owned 17kW solar system paired with 26kW battery backup storage.

Listing Highlights for 506 N Magnolia

Status Active
Days on Site 1
Property Type Residential
MLS ® AR26235325
Year Built 1910
Total Square Footage 2,323
Lot/Acreage 1.79
County Los Angeles
School District Monrovia Unified

Interior Details

  • Bedrooms: 3
  • Bathrooms: 2 Full
  • Appliances: Electric Cooktop, Electric Oven, Microwave, Refrigerator
  • Air Cond: Central Air,Zoned
  • Heating: Central,Heat Pump
  • Fireplaces: Den,Living Room
  • Floor: Tile,Wood
  • Basement:
  • Other: Separate/Formal Dining Room
  • Water: Public

Exterior Details

  • Lot Description: Lot Over 40000 Sqft,No Land Lease
  • Garage Capacity: N/A
  • Parking Spaces: 4
  • Roof:
  • Others:
  • Sewer: Public Sewer
  • Parking Features: Driveway

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 8520021013
  • Tax Year: N/A

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506 N Magnolia Monrovia, CA 91016

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Originating MLS: CRMLS

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