$6,947 Closing Credit¹
#CV24245904, Victoria Andocilla, Listing Office: VIP Loans and Real Estate
#SR25061316·
Listing office: eXp Realty of Greater Los Angeles, Inc.·
Listing agent: Kimberle Tillage·
Listing office phone: 626-380-7993
$878,000 List price
509 Fano St Monrovia, CA 91016
$10,000
Closing credit¹
1 bed
1 full
784 sqft
0.2 acres
$1,120 / sqft
House
Property details
About 509 Fano St
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!
Highlights
Home typeSingle Family Residence
HeatingCentral, Fireplace(s)
StatusAccepting Backup Offers
(Active Under Contract)
(Active Under Contract)
CoolingCentral Air, Electric
Size784 sqft
BasementYes
Lot size0.1896 Acres
Year built1934
ParkingGarage Faces Front, Garage
MLS #SR25061316
Garage2 spaces
FireplaceGas, Living Room
ViewMountain(s)
Summary
- MLS Number: SR25061316
- MLS Name: CRMLS
- Office Name: eXp Realty of Greater Los Angeles, Inc.
- Office Phone: (626) 380-7993
- Listing Agent: Kimberle Tillage
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/8/2025, 12:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$878,000
509 Fano St
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $86,096 | $1,524 |
| 2023 | $84,408 | $1,491 |
| 2022 | $82,754 | $1,452 |
| 2021 | $81,133 | $1,421 |
| 2020 | $80,302 | $1,366 |
| 2019 | $78,728 | $1,319 |
| 2018 | $77,186 | $1,296 |
| 2017 | $75,673 | $1,296 |
History based on county public records data.
Nearby schools
8
Camino Grove Elementary School
Public District KG-5
0.7 mi
•700 Camino Grove Ave
4
Monroe Elementary School
Public District KG-5
0.8 mi
•402 W Colorado Blvd
7
Plymouth Elementary School
Public District KG-5
1.2 mi
•1300 Boley St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $82,045. Residents of Monrovia, CA typically earn between $35k-100k each year. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
20%
<35k
49%
35k-100k
30%
100k-200k
1%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
40%
Single, No Kids
14%
Single, with Kids
22%
Married, No Kids
24%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
8%
12-17 yrs old
26%
18-34 yrs old
40%
35-64 yrs old
13%
65+ yrs old
What do the neighbors do for fun?
Major League Soccer (MLS)
Music Concerts
Hiking/backpacking
Where do the neighbors shop?
Banana Republic
H&M
Bloomingdales
Where do the neighbors go to eat?
Jack In The Box
Chipotle
Starbucks
What do the neighbors drive?
Toyota
Volkswagen
Audi
What do the neighbors listen to?
Jazz
Rhythmic Contemporary Hits- Alternative
All data provided by Home Junction and Claritas
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Frequently asked questions
About 509 Fano St
This home is located at 509 Fano St in Monrovia, CA and zip code 91016 in the The San Gabriel Valley neighborhood. This 784 square foot home, which was built in 1934, sits on a 0.19 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since March 20, 2025 and is currently priced at $878,000.
Monrovia, CA housing market in March 2025 saw over 8 listings sold above listed price, more than 1 sold at listed price and over 6 sold below. The inventory of homes for sale in Monrovia, CA between February and March 2025 increased by 21%. In March 2025, listings were on the market for 20 days. During the same period, the median list price in this real estate market was $967,500.
From Rocket Homes Real Estate and based on county public records data.