134 Melrose
Monrovia, CA, 91016
$1,029,000
Original list price: $1,078,000
MLS: OC26072720
Beds
2
Baths
2
Sq Ft
918
Lot
0.22 ac
Year Built
1923
MLS #
OC26072720
Days on Market
72
Listed
Apr 5, 2026
Description
Step into this storybook bungalow located on one of Monrovia's most peaceful streets. This 2-bed, 2-bath gem has been meticulously maintained, featuring a bright, airy kitchen with updated cabinetry and a spacious living room perfect for entertaining. The property shines with its craftsman architecture, including front porch and mature landscaping. The standout feature is the oversized lot, offering nearly 9,500 square feet of private space—rare for the area. Whether you’re looking to build your dream backyard or explore development opportunities, this property offers the space and character you’ve been searching for. Modern wood-look flooring, recessed lighting, and updated bathrooms. Original 1920s architecture, brick fireplace, and covered front porch. • Prime Location: Located in a desirable Monrovia neighborhood near local dining and shopping.
Location
Monrovia, Los Angeles County, CA 91016
Open on Google Maps ↗Listed by: Henry Mai · Capital Team Real Estate Svc
Payment estimate
$7,624
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $102,900 · Loan: $926,100
Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $5,866
- Property tax (1.25%)
- $1,072
- Homeowners insurance
- $300
- Mortgage insurance
- $386
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 Jun 11, 2026
- 30-year fixed
- 6.52%
- 15-year fixed
- 5.84%
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 $36,015 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
Only large teams outsell Mike Watson · Keller Williams Realty
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