123 E Central Avenue
Monrovia, CA, 91016
$799,000
MLS: P1-28974
Beds
2
Baths
4
Sq Ft
1,165
Lot
0.16 ac
Year Built
1931
MLS #
P1-28974
Days on Market
15
Listed
Sep 24, 2026
Description
Charming 1931 Home with Two Guest Units in Old Town MonroviaThis beautifully maintained 1931 home blends original character with modern updates and exceptional versatility. The main house features two bedrooms, two full bathrooms, a galley kitchen, separate laundry, an original brick fireplace with built-ins, a formal dining room with wainscoting and a built-in china cabinet, remodeled bathrooms, new carpet, central heat and air, double-pane windows and a fire sprinkler system.The rear of the property offers two separate guest units, each with a full bathroom and heating and air conditioning--ideal for extended family, guests, a home office, or studio space. Additional features include a long driveway for extra parking, a large concrete patio, fenced yards, a gated driveway, and a storage shed.Ideally located in the heart of Old Town Monrovia, close to shops, restaurants, parks, and community amenities. A rare opportunity with character, flexibility, and plenty of space.
Location
Monrovia, Los Angeles County, CA 91016
Open on Google Maps ↗Listed by: Pete Whan · Pete Whan and Associates, Inc.
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$6,411
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $79,900 · Loan: $719,100
Average 30-yr fixed rate 7.40% as of Oct 15, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $4,979
- Property tax (1.25%)
- $832
- Homeowners insurance
- $300
- Mortgage insurance
- $300
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Oct 15, 2026
- 30-year fixed
- 7.40%
- 15-year fixed
- 6.71%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Monrovia home with as little as 3.5% down using an FHA loan — roughly $27,965 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
See Monrovia, CA 91016 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor, Antelope Valley
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