526 E Olive AvenueMonrovia, CA 91016

Multi-Family · 1,601 Sq. ft. | 0.29 Acres
$1,350,000 Active

526 E Olive Avenue Overview

Time on Site:
102 days
Visits:
0

Exceptional opportunity in the heart of Monrovia, just moments from vibrant Old Town, local shops, dining, parks, and the public library. Situated on an expansive 12,714 sq ft lot, this unique property features two separate single-level homes on one lot, each offering 2 bedrooms and 1 bathroom with its own private garage, driveway, laundry hookups, and separate gas, electric, and water meters—creating true independent living spaces. The oversized lot offers incredible flexibility and future potential for expansion, additional living space, or possible development opportunities (buyer to verify with city). Ideal for owner-users, multigenerational living, or investors seeking flexible income potential. Live in one home while renting the other, or maximize rental opportunities with two fully independent residences. Offering both convenience and flexibility, the property is ideally located near Old Town Monrovia, popular dining, local cafés, parks, community events, and everyday amenities. This rare property combines character, functionality, and long-term value in one of the San Gabriel Valley’s most sought-after communities.

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

526 E Olive Avenue Facts & Features

  • Type Multi-Family
  • Sq. ft. 1,601
  • Price/Sq.ft. $843
  • Lot 0.29 Acres

Details

General

Association/HOA

  • Common Interest: None

Listing Information

  • Contingency: Easy to show. Call or Text 626-393-5227. Property will be delivered vacant. Excellent opportunity for owner-users or investors. Two separate single-level homes on one large lot with separate garages, driveways, laundry hookups, and separate utility meters. Conveniently located near Old Town Monrovia, dining, shops, and parks. Seller is motivated and open to reviewing strong offers. Buyers to verify all information, permits, and development possibilities with the city.

Building Information

  • New Construction: No
  • Year Built: 1959

Location/Region

  • Country: US
  • County Or Parish: Los Angeles
  • MLS Area Major: 639 - Monrovia
  • Postal City: MONROVIA

Community/Development

  • Community Features: Dog Park,Hiking,Street Lights,Sidewalks

Rent/Lease Information

  • Land Lease: No
  • Tenant Pays: All Utilities

General Information

  • Listing Terms: Submit
  • Parcel Number: 8517013007
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Rent Control: Yes
  • Senior Community: No
  • Special Listing Conditions: Standard

Interior

Parking Information

  • Garage Spaces: 2.0
  • Garage: Yes

Building Interior

  • Building Area Total: 1601.0
  • Building Area Units: Square Feet

General Information

  • Common Walls: No Common Walls
  • Entry Level: 1
  • Entry Location: front
  • Fireplace Features: None
  • Fireplace: No
  • Laundry Features: Inside
  • Stories Total: 1

Exterior

Parking Information

  • Open Parking Spaces: 4.0
  • Parking Total: 6.0

Lot Information

  • Additional Parcels: No
  • Lot Size Acres: 0.2919
  • Lot Size Area: 12714.0
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 12714.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

    Building Exterior/Construction

    • Property Attached: No

    General Information

    • Number Of Units Total: 2
    • Pool Features: None
    • Pool Private: No
    • Road Frontage Type: City Street
    • Sewer: Public Sewer

    526 E Olive Avenue Neighborhood

    Community

    91016 (MONROVIA) Demographics

    40
    Median Age
    4,848
    Population Density (per sq. mile)
    48%
    College Educated
    $82,801
    Estimated Median Income
    7,214
    Estimated Total Home Owners
    7,379
    Estimated Total Renters
    49% / 51%
    Estimated Owner / Renter Divide
    3
    Estimated Average Household Size
    Community data courtesy of LiveBy, Inc.

    Schools

    School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

    526 E Olive Avenue Monthly Cost

    $
    $ %
    %
    $
    $
    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    526 E Olive Avenue Market Data

    Based on the last 30 days in this zip code

    $1,268,070
    Average List Price
    $659
    Average Price per Square Foot
    18
    Properties Sold
    59
    Average Days on Market
    137
    Properties for Sale
    Calculations provided by Reliance Network

    526 E Olive Avenue History

    Date Event Value Agent
    5/8/2026Source: CRMLS Status Change
    Active
    4/17/2026Source: CRMLS Status Change
    Active Under Contract
    3/19/2026Source: CRMLS Added to Database
    March 19, 2026
    Listing provided courtesy of Coldwell Banker RealtyAlma Aguilar- MLS# AR26058896MLS ProviderContact Information: 626-445-5500
    Cookie Button: