720 Ocean ViewMonrovia, CA 91016

Multi-Family · 2 Beds · 2 Full Baths · 1,363 Sq. ft. | 0.21 Acres
$1,300,000 Active

720 Ocean View Overview

Time on Site:
21 days
Visits:
0

are North Monrovia Craftsman Duplex with Additional Bonus Space! Situated in one of North Monrovia's most desirable neighborhoods, this charming 1922 Craftsman property offers character, versatility, and investment potential just moments from Canyon Park, hiking trails, the Wilderness Preserve, and vibrant Old Town Monrovia. Rich in architectural detail, the front residence welcomes you with a classic front gable accented by dental molding, wood siding, a spacious front porch, and attractive drought-tolerant landscaping. Inside, the one-bedroom, one-bath unit showcases timeless Craftsman features including hardwood flooring, crown molding, original built-in bookcases, abundant natural light, and a decorative fireplace with marble surround and wood mantel. A formal dining room adjoins the beautifully remodeled kitchen featuring subway tile backsplash, abundant cabinetry, stainless steel appliances, stainless sink, and updated flooring. The remodeled bathroom offers a frameless walk-in shower with subway tile surround, rain shower head, vessel sink vanity, and brushed nickel fixtures. Attached at the rear is a well-appointed studio unit featuring hardwood flooring, updated kitchen with subway tile and stainless steel appliances, remodeled bathroom, and window air conditioning. A separate laundry structure provides additional functionality with open beam ceilings, laminate flooring, and storage space. The expansive rear yard creates a private outdoor retreat with mature trees, lush lawns, and a spacious patio ideal for entertaining, relaxing, or enjoying Southern California's year-round climate. Adding even more flexibility, the detached garage has been converted into a finished, non-conforming bonus space that is not included in the property's square footage. This versatile area is all electric and features a kitchenette with abundant cabinetry and sink, an open steel beam ceiling, and a stylish 3/4 bath with green ceramic tile accents in the shower. This additional space offers a variety of potential uses for hobbies, guests, a home office, creative pursuits, or recreation with potential added income of $1600 a month. Parking for up to five vehicles is conveniently located off the rear alley. Both residential units are currently tenant occupied by excellent tenants paying market rents, creating immediate income for the next owner. A rare opportunity to own a character-rich income property in one of Monrovia's most sought-after locations.

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720 Ocean View Facts & Features

  • Type Multi-Family
  • Sq. ft. 1,363
  • Price/Sq.ft. $954
  • Lot 0.21 Acres

Details

General

Association/HOA

  • Association: No
  • Common Interest: None

School Information

  • School District: Monrovia Unified

Listing Information

  • Contingency: Offers are contingent upon interior visual inspection. Do not go on property without listing agent(s).

Building Information

  • New Construction: No
  • Year Built: 1922

Location/Region

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

Community/Development

  • Community Features: Foothills,Hiking,Preserve/Public Land,Park

Rent/Lease Information

  • Land Lease: No
  • Lease Considered: No

General Information

  • Listing Terms: Cash,Cash to New Loan,1031 Exchange
  • Parcel Number: 8518042006
  • Property Condition: Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Senior Community: No
  • Special Listing Conditions: Standard,Trust

Interior

Parking Information

  • Garage: No

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Total: 2
  • Bedrooms Total: 2

General Information

  • Appliances: Dishwasher
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Entry Location: 1
  • Fireplace Features: Decorative,Living Room
  • Fireplace: Yes
  • Foundation Details: Raised
  • Laundry Features: Laundry Room
  • Levels: One
  • Living Area: 1363.0
  • Living Area Source: Assessor
  • Living Area Units: Square Feet
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Stories: 1
  • Stories Total: 1

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Features: Front Yard,Lawn,Landscaped,Near Park,Sprinkler System,Street Level
  • Lot Size Acres: 0.2067
  • Lot Size Area: 9005.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 9005.0
  • Lot Size Units: Square Feet
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

    Building Exterior/Construction

    • Architectural Style: Craftsman
    • Construction Materials: Wood Siding
    • Property Attached: Yes
    • Roof: Composition
    • Structure Type: Duplex

    General Information

    • Number Of Units Total: 2
    • Pool Features: None
    • Pool Private: No
    • Sewer: Public Sewer

    720 Ocean View 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.

    720 Ocean View 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.

    720 Ocean View 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

    720 Ocean View History

    Date Event Value Agent
    6/8/2026Source: CRMLS Added to Database
    June 08, 2026
    6/8/2026Source: CRMLS Added to Database
    June 08, 2026
    Listing provided courtesy of JohnHart Corp.Donna Baker- MLS# AR26124649MLS ProviderContact Information: 818-246-1099
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