2,079 sqft

$1,023,000

307 E Olive, Monrovia CA, 91016

Price per sqft$492.06

Built in1918

Property size2,079 sqft

Property typeMulti-family

Bought with Rick Cheng with Coldwell Banker Realty and Listed by Doris Requena Casas CA DRE# 01827815 with Keller Williams Luxury 818-523-6951

Overview

Sold

Closed

Listed Sep 25, 2025

Updated Aug 25

Unlock the possibilities at 307 E Olive Avenue, a classic 1918 triplex offering a rare chance to revive a true Monrovia charmer. The front residence is a charming Craftsman home featuring 3 bedrooms and 2 bathrooms, brimming with vintage character and architectural detail. Behind it are two additional 1-bedroom, 1-bath units, providing income potential or space for multi-generational living. Set on an expansive 8,000 square feet lot in the heart of Monrovia, this income-producing property blends vintage character. The property offers parking for up to 6 cars, a coveted amenity in this vibrant neighborhood. Just two blocks from vibrant Old Town Monrovia, enjoy boutique shopping, acclaimed dining, and lively Friday Night Street Fairs along Myrtle Avenue. Founded in 1887, Monrovia is celebrated as the fourth oldest city in Los Angeles County and is rich with architectural heritage. Outdoor enthusiasts will love nearby Monrovia Canyon Park, where oak-lined trails and cascading waterfalls showcase the natural beauty of the San Gabriel Mountains. The community has a highly regarded Monrovia Unified School District, including Wild Rose School of Creative Arts, Clifton Middle, and Monrovia High. Combining history, location, and multi-unit income potential, 307 E Olive Avenue presents an exceptional opportunity to restore and reimagine a piece of Monrovia’s enduring charm.

Additional information

MLS^® ID: SR25226060

Interior Features

Cooling: Yes
Heating: Yes
Basement: No

Exterior Features

Lot Size: 0.18 Acres

Other Property Details

View: Yes
55+/Senior Community: No

Bought with Rick Cheng with Coldwell Banker Realty and Listed by Doris Requena Casas CA DRE# 01827815 with Keller Williams Luxury 818-523-6951

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 8/25/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 8/25/2026 at 1:14 AM UTC Last Checked: 1:14 AM UTC