348 Shrode Avenue
Monrovia, CA, 91016
$1,390,000
Original list price: $1,450,000
MLS: WS26176115
Beds
—
Baths
—
Sq Ft
2,229
Lot
0.21 ac
Year Built
2021
MLS #
WS26176115
Days on Market
67
Listed
Aug 13, 2026
Description
Welcome to this wonderful and unique multi-family opportunity ideally located in the heart of Monrovia! Situated on a nearly 9,200 sq. ft. lot, this beautifully landscaped property features two fully independent homes with separate addresses and individually metered utilities (water, gas, and electricity). The fully renovated main residence (348 Shode Ave, Built 1949) offers 3 bedrooms and 2 bathrooms within a bright, open floor plan. Highlights include a custom fireplace, new wood floors, a new HVAC system, new windows, and a stunning chef’s kitchen with Quartz countertops and stainless-steel appliances that flows directly to the backyard for seamless entertaining. The detached ADU (2311 California Ave, Built 2024) offers 1,000 sq. ft. of elegant living space with 2 bedrooms and 2 full bathrooms (unit shows 3 bedrooms). It boasts its own private backyard, high ceilings, a gourmet kitchen with 42” cabinetry, and a fully paid solar panel system. A 2-car garage with large gated access on each side ensures privacy and convenience for both residences. Ideal for multi-generational living or as a premium investment, this move-in ready property is just minutes from Monrovia's best shopping and dining. Don't miss this extraordinary dual-home opportunity!
Location
Monrovia, Los Angeles County, CA 91016
Open on Google Maps ↗Listed by: SHUN ZHANG · Re/Max Champions/WC
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
$10,931
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $139,000 · Loan: $1,251,000
Average 30-yr fixed rate 7.40% as of Oct 15, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $8,662
- Property tax (1.25%)
- $1,448
- Homeowners insurance
- $300
- Mortgage insurance
- $521
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 Oct 15, 2026
- 30-year fixed
- 7.40%
- 15-year fixed
- 6.71%
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 $48,650 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
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
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