Listing Agent: Espi Bagwell      Broker/Office: Keller Williams Realty
506 Magnolia N Monrovia CA 91016
$ 1,899,950
  3   |    2   |    2323 Sq Feet

Listing ID

#AR26235325

Status

Active

Property Type

Single Family Residence

County

Los Angeles

Year Built

1910

Lot Size

1

Days on website

2

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
Financial Information
List Price:  $ 1899950
Property Features
Appliances:  Microwave, Refrigerator
Community Features:  Foothills
Cooling:  Zoned
Fireplace Features:  Den
Flooring:  Tile, Wood
Heating:  Central
High School District:  Monrovia Unified
Laundry Features:  Outside
Levels:  Two
Parking Features:  Driveway
Patio And Porch Features:  Concrete, Covered, Patio
Pool Features:  Private
Senior Community YN:  false
Structure Type:  House
Water Source:  Public
High School District:  Monrovia Unified
Senior Community YN:  false
MLS Area Major:  639 - Monrovia
City:  Monrovia
Listed By:   Espi Bagwell   Keller Williams Realty 
Co-listed by
Amanda O'Dell  
CA Lic#