Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

347 Stedman Place

Monrovia, CA, 91016

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$1,299,000

MLS: OC26014366

Beds

3

Baths

3

Sq Ft

2,350

Lot

0.13 ac

Year Built

1923

MLS #

OC26014366

Days on Market

70

Listed

Jan 20, 2026

Description

MOTIVATED SELLER!!!Welcome to 347 Stedman Pl, a beautifully remodeled gem in the heart of Monrovia! This stunning home has been thoughtfully updated throughout, featuring brand new flooring, a fully upgraded bathroom, and a bright, open-concept living area perfect for modern living. The chef’s kitchen boasts brand new appliances, including a dishwasher, oven, and stylish cabinetry with elegant countertops. Step outside to discover a spacious backyard with a relaxing jacuzzi — your private oasis for unwinding or entertaining guests. The detached 2-car garage offers plenty of parking and includes an additional office area, ideal for working from home or extra storage. Located on a charming street near shopping, dining, and freeway access, this move-in ready home truly has it all. Don’t miss this incredible opportunity to own a turnkey property in one of Monrovia’s most desirable neighborhoods!

Location

Monrovia, Los Angeles County, CA 91016

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Listed by: Victoria Yu · Pinnacle Real Estate Group

Payment estimate

$9,323

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $129,900 · Loan: $1,169,100

%
Principal & Interest
$7,183
Property tax (1.25%)
$1,353
Homeowners insurance
$300
Mortgage insurance
$487
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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 $45,465 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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