506 N Magnolia, Monrovia, CA 91016
506 N Magnolia, Monrovia, CA 91016
506 N Magnolia, Monrovia, CA 91016
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$1,899,950
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3 Beds
2 Baths
2,323 SqFt
New

506 N Magnolia Monrovia, CA 91016

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Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,323 sqft

Price per Sqft $817

MLS Listing ID AR26235325

Bedrooms 3

Full Baths 2

Year Built 1910

Lot Size 1.789 Acres

Property Sub-Type Detached

Property Description

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 propertys 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

Location

State CA

County Los Angeles

Direction West of Myrtle Ave., North of Hillcrest Blvd.

Interior

Heating Forced Air Unit, Heat Pump

Cooling Central Forced Air, Zoned Area(s)

Flooring Tile, Wood

Fireplaces Type FP in Living Room, Den

Fireplace No

Appliance Microwave, Refrigerator, Electric Oven

Exterior

Pool Above Ground, Private

View Y/N Yes

Water Access Desc Public

View Mountains/Hills, Peek-A-Boo

Porch Covered, Concrete, Patio

Total Parking Spaces 4

Building

Story 3

Sewer Public Sewer

Water Public

Level or Stories 3

Others

Senior Community No

Tax ID 8520021013

Acceptable Financing Cash, Cash To New Loan

Listing Terms Cash, Cash To New Loan

Special Listing Condition Standard


MLS Router / San Diego MLS
Listed by Espi Bagwell, DRE#01168881 Keller Williams Realty 
Co-listed byAmanda O'Dell • Keller Williams Realty

Nearby Locations

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Shanon Sweis

Shanon Sweis

Agent License ID: 01790030

+1(916) 208-5593

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