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509 Fano Street, Monrovia, CA 91016

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For Sale

$878,000

1 beds • 1 baths • 784 sqft

Estimated Payment

$ 4,518 /mo. †

6.67% APR for 30 yrs.
$0 in taxes
Change Loan Terms

  • Single Family Detached
    Property type

  • Newly Listed
    Time on Century 21

  • $1,119.90
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Here s your revised property listing, emphasizing the large lot size and development potential: --- 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'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!
MLS# SR25061316

Courtesy Of eXp Realty of Greater Los Angeles, Inc

(888) 584-9427

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Ceiling Fan, Garden
  • Appliances
    Dishwasher, Garbage Disposer, Range, Washer
  • Architecture Style
    Cottage
  • Fireplace
    Fireplace
  • Heating System
    Central Furnace, Fireplace
  • Rooms
    Basement, Family Room, Kitchen, Living Room, Loft
  • View Type
    Mountain

Map and Directions

Directions to 509 Fano Street, Monrovia, CA 91016

Home seller CENTURY 21 Ludecke Inc.

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Ludecke Inc.

(626) 445-0123
Learn More About Us

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $4,518
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $4,518

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Wild Rose School Of Creative Arts

Grades KG-5 Public School

Monrovia, CA 91016 1.5 miles
232 jasmine ave

382 total students
20:1 Student teacher ratio

School Rating: C+

School Details

Santa Fe Computer Science Magnet School

Grades 6-8 Public School

Monrovia, CA 91016 0.4 miles
148 w duarte rd

481 total students
23:1 Student teacher ratio

School Rating: B-

School Details

Monrovia High School

Grades 9-12 Public School

Monrovia, CA 91016 0.9 miles
845 w colorado blvd

1601 total students
24:1 Student teacher ratio

School Rating: B+

School Details
Other Nearby Schools Distance Type Grades School Rating
Montessori Academy Of Arcadia 0.6 miles Private PK-TKG
Camino Grove Elementary School 0.7 miles Public KG-5 A-
Calvary Road Baptist Academy 0.8 miles Private KG-12
Monroe Elementary School 0.8 miles Public KG-5 C
Rancho Learning Center (alternative) 0.8 miles Public 1-12 C+
Canyon Early Learning Center 1 miles Public
First Avenue Middle School 1.1 miles Public 6-8 A
Plymouth Elementary School 1.2 miles Public KG-5 B+
Clifton Middle School 1.3 miles Public 6-8 A
Maxwell Academy 1.3 miles Public KG-8 C+
Richard Henry Dana Middle School 1.3 miles Public 6-8 A
Immaculate Conception Catholic School 1.3 miles Private KG-8
Arcadia Montessori School 1.4 miles Private PK-KG
Pearl Preparatory School 1.4 miles Private KG-6
Mayflower Elementary School 1.4 miles Public KG-5 B
Excelsior School 1.4 miles Private 9-12
Arroyo Pacific Academy 1.4 miles Private KG-12

Montessori Academy Of Arcadia

Distance: 0.6 miles

Type Private

Grades: PK-TKG

Camino Grove Elementary School

Distance: 0.7 miles

Type Public

Grades: KG-5

A-

Calvary Road Baptist Academy

Distance: 0.8 miles

Type Private

Grades: KG-12

Monroe Elementary School

Distance: 0.8 miles

Type Public

Grades: KG-5

C

Rancho Learning Center (alternative)

Distance: 0.8 miles

Type Public

Grades: 1-12

C+

Canyon Early Learning Center

Distance: 1 miles

Type Public

Grades:

First Avenue Middle School

Distance: 1.1 miles

Type Public

Grades: 6-8

A

Plymouth Elementary School

Distance: 1.2 miles

Type Public

Grades: KG-5

B+

Clifton Middle School

Distance: 1.3 miles

Type Public

Grades: 6-8

A

Maxwell Academy

Distance: 1.3 miles

Type Public

Grades: KG-8

C+

Richard Henry Dana Middle School

Distance: 1.3 miles

Type Public

Grades: 6-8

A

Immaculate Conception Catholic School

Distance: 1.3 miles

Type Private

Grades: KG-8

Arcadia Montessori School

Distance: 1.4 miles

Type Private

Grades: PK-KG

Pearl Preparatory School

Distance: 1.4 miles

Type Private

Grades: KG-6

Mayflower Elementary School

Distance: 1.4 miles

Type Public

Grades: KG-5

B

Excelsior School

Distance: 1.4 miles

Type Private

Grades: 9-12

Arroyo Pacific Academy

Distance: 1.4 miles

Type Private

Grades: KG-12

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Monrovia, CA 91016

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Monrovia, CA 91016

This community’s employment is highest in the administrative support and sales industries. The area’s overall household expenses are above the national average.

88° August
Hottest Average Month
40° January
Coldest Average Month
14,940 Total Households in Area
-3.2% Increase in population since the year 2010
29.8%
of households
have children
30 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Monrovia, CA 91016

Monrovia, CA 91016 has a population of 40,787 people in 14,940 households with a median age of 40.5 years old.

-3.2%
Decrease in population
since the year 2010
Population is Trending down
15,838
Total households as of 2010
0.4%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 40.5 years old. The smallest percentage group is 35-44 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

Hispanic 40%
White 39%
Other 20%
Asian 17%
Black 5%
Native American 1%
The most prevalent ethnicity is Hispanic at 40%, followed by White at 39%, Other at 20%, and Asian at 17%.

Economics
for Monrovia, CA 91016

1,287 /sq mi
Population Density
$91,519 /yr
Median Household Income
$990,000
Median Sales Price
30 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is Over $200k representing 14.12% of the households.

Transportation to Work

  • Drive 81%
  • Work from Home 12%
  • Walk or Bike 3%
  • Public Transit 3%

Occupancy by Type

Owned 7,699 49%
Rented 7,242 46%
Vacant 738 5%

White vs Blue Collar Jobs







White Collar 82%
Blue Collar 18%

Family & Education Facts
for Monrovia, CA 91016

40.5 Median Age

Average Household Size

2.7
persons per
household

44.3%

Married Households

Community Population By Education

Bachelors Degree 28%
Some College 20%
High School Graduate 18%
Graduate Degree 16%
Some High School 10%
Associates Degree 8%
Of the total people surveyed, the most prevalent educational attainment level is Bachelors Degree, representing 27.79% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
29.8% of households have children

Weather
for Monrovia, CA 91016

The weather for this area ranges from a high of 88° F in August to a low of 40° F in January

88° August
Hottest Average Month
40° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
40°
59°
Feb
40°
60°
Mar
41°
63°
Apr
45°
68°
May
49°
73°
Jun
55°
81°
Jul
61°
88°
Aug
61°
88°
Sep
58°
85°
Oct
52°
76°
Nov
45°
66°
Dec
41°
60°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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