Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveDuplex

2451 Graydon Avenue

Monrovia, CA, 91016

1 / 66View all 66 photos

$1,418,000

MLS: WS26057460

Beds

6

Baths

6

Sq Ft

2,684

Lot

0.17 ac

Year Built

1948

MLS #

WS26057460

Days on Market

26

Listed

Mar 18, 2026

Description

This charming Unique Single Story Duplex features 3-bed main house PLUS a new construction 3bed/3.5bath / 1,198 SF ADU is perfect for multi-generational living (ADU solar is paid off), or you can use part of the property as a full- time or mid-term rental! This unique property presents several possibilities for the new owner: 1) You and your extended family may comfortably spread out in both the main house and ADU 2) Since each ADU bedroom has a private ensuite, potentially you could take one & rent out two plus the main house – and Enjoy mortgage-free living! You could also just live in the ADU or main house and rent out the other 3) Rent out the entire property for a steady monthly income. Located on a quiet street with mountain views, close to parks, great schools, shopping & dining along the 210 Fwy and trendy Uptown Monrovia. Homes with NEW CONSTRUCTION ADUs do not come on the market very often – and even rarer is an ADU with 3 beds & 3.5 baths. Come see this unique property before someone else does! (Long-term estimated rent: front $3,500 / back $3,700; mid-term estimated rent: front $5,800 / back $5,500). You may even be able to purchase this home based on its rental income alone by using a DSCRloan — meaning the rental income could cover the mortgage payments. It’s a great opportunity for both investors and owner-occupants who want their property to pay for itself! Monrovia is also one of the few cities that still allow short term rental!

Location

Monrovia, Los Angeles County, CA 91016

Open on Google Maps ↗

Listed by: RAYMOND TSAI · Pinnacle Real Estate Group

Payment estimate

$10,150

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $141,800 · Loan: $1,276,200

%
Principal & Interest
$7,841
Property tax (1.25%)
$1,477
Homeowners insurance
$300
Mortgage insurance
$532
Open the full calculator →

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 $49,630 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.

Similar Homes Nearby

Active and pending listings in ZIP 91016 (Monrovia) within ±10% of this home's price and size.

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

Free Buyer & Seller Tools

Net Sheet Calculator

Estimate how much you'll walk away with after selling. Covers commissions, closing costs, and loan payoff.

Request access

Property Comparison

Compare 2–3 properties side-by-side — equity, monthly payment, cash to close, and DTI — all in one infographic.

Request access

Drive Time Calculator

Check commute times from this address to work, school, or anywhere else before you commit.

Request access

Buyer Cost Sheet

Estimate your total closing costs as a buyer — lender fees, title, escrow, and prepaids — before you write an offer.

Request access