234 N Magnolia
Monrovia, CA, 91016
$989,000
MLS: TR26117250
Beds
3
Baths
1
Sq Ft
1,484
Lot
0.21 ac
Year Built
1923
MLS #
TR26117250
Days on Market
7
Listed
Jun 9, 2026
Description
Rare North Monrovia architectural time capsule blending the romance of a 1920s Spanish Revival residence with a detached studio house inspired by California’s indoor-outdoor lifestyle tradition. Set near historic landmarks, scenic foothill trails, wilderness preserve areas, and Old Town Monrovia, this largely untouched property offers a rare opportunity to restore and preserve a timeless architectural gem rich with original character and craftsmanship. Classic details include a red clay tile roof, covered corridor with exposed wood-beam ceilings, graceful arches, handcrafted moldings, decorative attic vents, textured plaster walls, hardwood flooring, handcrafted light fixtures, authentic hand-wrought ironwork, and an arched wooden front door with wrought iron detailing and original mail slot. A Batchelder fireplace serves as a stunning focal point reflecting the artistry of its era. Mature olive and avocado trees, lush landscaping, shaded walkways, and a private courtyard create a peaceful old California compound atmosphere between the primary residence, detached outdoor living studio, and garage. The detached studio offers approx 450 sq. ft. with vaulted wood-beam ceilings, expansive windows, rustic wood-paneled walls, a dramatic brick fireplace, and vintage wood-burning grill with ventilation hood. Flexible potential for studio, office, gym, lounge, workshop, game room, or guest retreat. Studio house includes a currently non-functioning bathroom vintage sink and toilet. The primary residence offers 3 bedrooms and 1 bathroom. Desirable features include an eat-in kitchen, as well as an easy-access basement. A detached two-car garage with built-in workbench provides additional parking, storage, and workshop space. Convenient access to Los Angeles and neighboring communities including Sierra Madre, Pasadena, and Arcadia. Monrovia is recognized as a two-time All-America City Award recipient known for its strong sense of community and historic charm. A rare opportunity for a buyer who appreciates restoration, original architectural integrity, timeless craftsmanship, and the enduring character of an authentic Spanish Revival home. Sq. ft. deemed reliable but not guaranteed. Buyer to independently verify all permits, sq. ft. , property details, use, and school enrollment. Property being sold strictly “as is”. Seller will make no repairs and offer no credits or concessions in lieu of repairs. This listing Price already reflects current property conditions.
Location
Monrovia, Los Angeles County, CA 91016
Open on Google Maps ↗Listed by: Jennie Leung · Pinnacle Real Estate Group
Payment estimate
$7,339
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $98,900 · Loan: $890,100
Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $5,638
- Property tax (1.25%)
- $1,030
- Homeowners insurance
- $300
- Mortgage insurance
- $371
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 $34,615 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
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★#1 Producing Individual Realtor — Antelope Valley
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