339 S Madison
Monrovia, CA, 91016
$1,268,000
MLS: WS26157017
Beds
4
Baths
3
Sq Ft
1,703
Lot
0.15 ac
Year Built
1938
MLS #
WS26157017
Days on Market
13
Listed
Jul 18, 2026
Description
Welcome to 339 S. Madison Avenue, a beautifully remodeled home in one of Monrovia’s most desirable neighborhoods, offering modern upgrades, exceptional flexibility, and outstanding long-term value. The main residence has been thoughtfully renovated with contemporary finishes while preserving its timeless character. An open and inviting layout, updated kitchen, remodeled bathrooms, and abundant natural light create a move-in-ready home designed for comfortable California living. A standout feature of the property is the detached, city-permitted recreation room with a bathroom, offering approximately 764 square feet of versatile bonus space. This detached structure is ideal for a home office, art or music studio, fitness room, media room, hobby space, creative workspace, or private retreat. Its flexibility makes it an exceptional extension of the home while allowing buyers to envision countless lifestyle possibilities. Additional improvements over the years include permitted building, electrical, plumbing, and mechanical upgrades, reflecting continued investment in the property. Outside, enjoy a spacious backyard perfect for entertaining, gardening, or relaxing, along with a paid-off solar system that helps reduce long-term utility costs. Located just minutes from Old Town Monrovia, parks, hiking trails, restaurants, shopping, Metro access, and the 210 Freeway, this home offers the perfect combination of neighborhood charm and everyday convenience. Whether you’re searching for a beautifully updated primary residence, a home with substantial flexible bonus space, or a property with long-term upside in one of the San Gabriel Valley’s most sought-after communities, 339 S. Madison Avenue is a rare opportunity not to be missed. Property Highlights * Beautifully remodeled main residence * Detached city-permitted recreation room (approximately 764 sq. ft.) * Extensive permitted improvements completed over multiple years * Paid-off solar system * Spacious private lot * Quiet residential neighborhood * Close to Old Town Monrovia, parks, shopping, dining, Metro, and the 210 Freeway * Move-in ready Buyer is advised to independently verify square footage, permits, room uses, and any intended future use of the property.
Location
Monrovia, Los Angeles County, CA 91016
Open on Google Maps ↗Listed by: ALEXANDRA YEUNG · IRN REALTY
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
$9,430
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $126,800 · Loan: $1,141,200
Average 30-yr fixed rate 6.66% as of Jul 30, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $7,334
- Property tax (1.25%)
- $1,321
- Homeowners insurance
- $300
- Mortgage insurance
- $476
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 Jul 30, 2026
- 30-year fixed
- 6.66%
- 15-year fixed
- 6.04%
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 $44,380 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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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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