148 W Cherry Avenue
Monrovia, CA, 91016
$795,000
MLS: PW25269292
Beds
4
Baths
3
Sq Ft
1,623
Lot
0.05 ac
Year Built
2003
MLS #
PW25269292
Days on Market
114
Listed
Dec 2, 2025
Description
NEWLY ADJUSTED PRICE - TAKE ANOTHER LOOK! Welcome to 148 West Cherry Avenue, a spacious 4-bedroom, 3-bath home offering 1,623 square feet of comfortable living space. Built in 2003, this residence has been lovingly maintained by the same owner for over 20 years. The interior features a practical floor plan with multiple living areas, generous bedrooms, and central air conditioning and heating for year-round comfort. Outside, the property sits on a manageable 2,005 square foot lot, providing a low-maintenance yard with room for a garden, patio, or outdoor seating. Nestled in a desirable Monrovia neighborhood near the San Gabriel foothills, this home combines modern construction with convenience and potential, making it an excellent opportunity for buyers ready to personalize and make it their own. ***This property qualifies for Conventional Loan renovation programs that allow buyers to finance both the purchase and improvements with as little as 3% down. Eligible options include Fannie Mae’s HomeStyle Renovation and Freddie Mac’s CHOICERenovation and CHOICE Reno Express programs. For details, please contact Linda or Charles.
Location
Monrovia, Los Angeles County, CA 91016
Open on Google Maps ↗Listed by: Linda Shepperd · Trends RE Inc.
Payment estimate
$5,822
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $79,500 · Loan: $715,500
- Principal & Interest
- $4,396
- Property tax (1.25%)
- $828
- Homeowners insurance
- $300
- Mortgage insurance
- $298
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 Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
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 $27,825 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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