ActiveSingleFamilyResidence

418 E Olive #B

Monrovia, CA, 91016

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$845,000

MLS: PW26069641

Beds

3

Baths

3

Sq Ft

1,469

Lot

0.05 ac

Year Built

2003

MLS #

PW26069641

Days on Market

1

Listed

Apr 1, 2026

Description

Ideally located just moments from the charm and energy of Old Town Monrovia, this well-maintained 3-bedroom, 2.5-bath home offers a comfortable layout in one of the San Gabriel Valley’s most sought-after foothill communities. The light-filled living room features soaring ceilings, a cozy fireplace, and direct access to a private patio—ideal for outdoor dining or relaxing. A spacious dining area connects seamlessly to the kitchen, complete with ample cabinetry and generous counter space. Upstairs, the primary suite showcases vaulted ceilings, dual closets, and an en-suite bath. Two additional bedrooms offer flexibility for guests, a home office, or everyday living. Additional features include inside laundry, central heating and air, and a two-car attached garage with direct access. Positioned at the end of a shared driveway, the property offers added privacy along with extra parking space. Set against a scenic mountain backdrop, Monrovia is known for its tree-lined streets, vibrant community feel, and lively Old Town district filled with restaurants, shops, and a popular weekly street fair.

Location

Monrovia, Los Angeles County, CA 91016

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Listed by: Lillian Barrett · First Team Real Estate North Tustin

Payment estimate

$6,170

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $84,500 · Loan: $760,500

%
Principal & Interest
$4,673
Property tax (1.25%)
$880
Homeowners insurance
$300
Mortgage insurance
$317
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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 $29,575 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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