537 Cloverleaf Dr
Monrovia, CA, 91016
$1,249,000
Original list price: $1,500,000
MLS: AR26130871
Beds
5
Baths
5
Sq Ft
2,492
Lot
19.85 ac
Year Built
1916
MLS #
AR26130871
Days on Market
47
Listed
Jun 15, 2026
Description
Incredible opportunity for this amount of land at this price. Offers must be submitted by July3. Owenrs trying to sell this parcel with 539 Cloverleaf Drive next door (15 Acres). A truly rare opportunity in Monrovia. 537 Cloverleaf Dr offers an extraordinary amount of land in a location where properties of this scale are nearly impossible to find. Nothing else in the immediate area compares to the size, privacy, and long-term potential this property provides. Set on a massive lot, this property is ideal for a buyer looking to create a private dream compound, estate-style residence, or multi-structure living environment. The property includes a main single-family residence plus two detached ADU structures, offering flexibility for extended family, guest quarters, creative space, or future rental potential. The main house offers strong upside but does need work. Both detached ADUs require significant renovation. For the right buyer, this is a unique chance to reimagine the entire property and create something truly special on one of the most distinctive parcels in the area. Opportunities like this rarely come available in Monrovia. Buyer to verify all square footage, permits, ADU status, zoning, land use, development potential, and property condition to their own satisfaction. Shown with accepted offer only. Please do not disturb occupants. Buyers may walk the property by request only and must be accompanied by listing agent or approved representative. Offers to be submitted subject to interior inspection. Property includes a main residence and two detached ADU structures, all in need of varying levels of work. Buyer to verify all permits, ADU status, square footage, zoning, land use, development potential, condition, utilities, access, easements, and any other matters affecting the property to buyer’s satisfaction.
Location
Monrovia, Los Angeles County, CA 91016
Open on Google Maps ↗Listed by: Matthew Modica · Long Dragon Realty Group, Inc.
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
$9,316
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $124,900 · Loan: $1,124,100
Average 30-yr fixed rate 6.69% as of Aug 6, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $7,246
- Property tax (1.25%)
- $1,301
- Homeowners insurance
- $300
- Mortgage insurance
- $468
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 Aug 6, 2026
- 30-year fixed
- 6.69%
- 15-year fixed
- 6.01%
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 $43,715 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.
Property Comparison
Compare 2–3 properties side-by-side — equity, monthly payment, cash to close, and DTI — all in one infographic.
Drive Time Calculator
Check commute times from this address to work, school, or anywhere else before you commit.
Buyer Cost Sheet
Estimate your total closing costs as a buyer — lender fees, title, escrow, and prepaids — before you write an offer.