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Ray Fernandez

ray@nextmoveca.com +1(562) 400-7004

$ 1,899,950

Est. payment -/mo

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506 N Magnolia Monrovia, CA 91016

3 Beds

2 Baths

2,323 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

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

HOA Y/N No

Year Built 1910

Lot Size 1.789 Acres

Property Sub-Type Single Family Residence

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 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.

Location

State CA

County Los Angeles

Area 639 - Monrovia

Rooms

Other Rooms Guest House Detached, Guest House

Interior

Interior Features Separate/Formal Dining Room

Heating Central, Heat Pump

Cooling Central Air, Zoned

Flooring Tile, Wood

Fireplaces Type Den, Living Room

Fireplace Yes

Appliance Electric Cooktop, Electric Oven, Microwave, Refrigerator

Laundry Laundry Room, Outside

Exterior

Parking Features Driveway

Pool Above Ground, Private

Community Features Foothills

View Y/N Yes

View Mountain(s), Peek-A-Boo

Porch Concrete, Covered, Patio

Total Parking Spaces 4

Private Pool Yes

Building

Lot Description Lot Over 40000 Sqft

Dwelling Type House

Story 3

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

Additional Building Guest House Detached, Guest House

New Construction No

Schools

School District Monrovia Unified

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

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Espi Bagwell Keller Williams Realty 626-824-2267, DRE #01168881

Nearby Locations

+1(562) 400-7004

ray@nextmoveca.com

1439 W Whittier Blvd, La Habra, California 90631, USA