For sale · Active Under Contract (Backup)

740 W Colorado

Monrovia, CA 91016

$850,000
Bedrooms & bathrooms2 Beds • 1 Baths
Living area1,186 Sq Ft
Lot size0.1731 acres
Property typeSingle Family Residence
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Listing broker / agent: Coldwell Banker Residential · Will Kaliel · 626-497-2227 · CRMLS

MLS # PF26189318 · Last checked Nov 14, 2026 19:58 UTC

About this property

Located in the heart of Monrovia, this character-filled 2-bedroom, 1-bath home pairs timeless appeal with thoughtful modern upgrades. Fresh landscaping and a gated entrance create a welcoming first impression. Inside, dark wood laminate flooring flows throughout the home, while the inviting living room is centered by a gorgeous fireplace and framed by stunning mountain views. The formal dining room features classic wainscoting and a beautiful light fixture, making it equally suited for daily living and entertaining. The updated kitchen offers quartz countertops, freshly painted cabinets, newer appliances, and plenty of space to cook and gather. Both generously sized bedrooms provide ample closet space, sheer-panel drapery, and striking light fixtures. The refreshed bathroom features new penny-tile flooring and a shower/tub combination with a beautiful mosaic-tile inlay. Off the kitchen is a dedicated laundry room with built-in shelving, a utility sink, and cabinetry. Outside, the backyard is a true retreat with new landscaping and a screened patio complete with a built-in BBQ and fireplace, ideal for year-round entertaining. Just beyond the patio, a vegetable garden adds a charming touch. In this backyard you will also enjoy mature fruit trees including mango, apple, lemon, fig, and peach. The property’s large lot and layout may also present an appealing opportunity for an ADU conversion, subject to buyer investigation and applicable approvals. A detached two-car garage includes a versatile bonus room, perfect for a gym, art studio, or home office. Significant upgrades include a new electrical system throughout (2016), roof (2017), HVAC (2018), windows (2019), sewer line (2021), appliances (2022), fresh interior and exterior paint (2026), and a new landscaping and irrigation system (2026). With upgrades like these, this property is ready for years of enjoyment. Ideally located with easy access to the 210 Freeway and just minutes from the restaurants, cafés, shops, parks, and year-round community events of Old Town Monrovia, this is an opportunity you won’t want to miss.

Property details

MLS number
PF26189318
Status
Active Under Contract (Backup)
Type
Residential
Subtype
Single Family Residence
Beds / baths
2 Beds • 1 Baths
Living area
1,186 Sq Ft
Lot size
0.1731 acres
County
Los Angeles
Year built
1946
Stories
1
More property detailsExpandCollapse

Listing

Days on market
63

Building

Year built
1946
Year built source
Public Records
Architectural style
Patio Home
Stories
1
Building stories
1
Levels
One
Entry level
1
Roof
Composition
Condition
Turnkey
Living area source
Assessor

Bathrooms

Full bathrooms
1

Rooms & interior

Main-level bedrooms
2
Main-level bathrooms
1
Rooms
Bedroom
Appliances
Dishwasher, Gas Oven, Gas Range, Refrigerator, Range Hood
Interior features
All Bedrooms Down
Heating
Central
Cooling
Central Air
Fireplace
Living Room
Laundry
Washer Hookup, Gas Dryer Hookup, Laundry Room

Exterior & parking

Total parking spaces
2
Garage spaces
2
Parking
Concrete, Garage, Gated
Attached garage
No
Pool
None
Patio / porch
Screened
Lot features
Front Yard, Garden, Sprinkler System
Lot size source
Assessor
Fencing
Brick, Wood
Property outlook
Mountains

Utilities & community

Water
Public
Sewer
Public Sewer
Community features
Curbs, Foothills, Street Lights, Sidewalks

Fees & lease terms

Association
No
Association fee
$0.00

Schools reported in the listing

High school district
Monrovia Unified

School information is supplied with the listing. Confirm current attendance boundaries and enrollment eligibility directly with the school district.

Explore the area

Nearby public schools

Within 5 miles

Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.

Nearby California public school locations, sorted by distance
School / districtGradesDistance
Monrovia High Monrovia Unified · Monrovia 9–12 0.2 mi
Monroe Elementary Monrovia Unified · Monrovia K–6 0.4 mi
Mayflower Elementary Monrovia Unified · Monrovia K–6 0.7 mi
Rancho Learning Center (Alternative) Arcadia Unified · Arcadia K–12 0.7 mi
Foothills Middle Arcadia Unified · Arcadia 6–8 0.8 mi
Clifton Middle Monrovia Unified · Monrovia 7–8 1.0 mi
First Avenue Middle Arcadia Unified · Arcadia 6–8 1.0 mi
Santa Fe Computer Science Magnet Monrovia Unified · Monrovia 7–8 1.2 mi

Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.

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Price and tax history

Asking price

Current asking price
$850,000
MLS-reported original asking price
$950,000
MLS-reported previous asking price
$900,000
MLS-reported last price change
2026-11-03 10:35 UTC
Asking prices observed by this listing service
Observed (UTC)Asking price
Nov 3, 2026 18:47$850,000
Oct 16, 2026 19:52$900,000
Oct 2, 2026 05:49$950,000

MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.

Property taxes

Tax history is not available from the imported listing data.

Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.

Local inventory snapshot

Market trends in Monrovia

Active residential homes for sale in Monrovia, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.

Available listings50Current authorized inventory
Median asking price$1,081,90050 listings with a valid price
Median asking price / sq ft$621.0848 listings with confirmed sq ft
Median days on market2950 listings with MLS-reported days

Observed price activity · past 30 days

Listings with a reduction10
Listings with an increase0

10 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.

Calculated 2026-11-14 20:54 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.

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Loan assumptions and ownership costs

Blank costs are excluded, not confirmed to be zero. Get taxes, insurance and HOA estimates for this property; prior-owner taxes may change after purchase. Mortgage insurance depends on your loan—ask your lender.

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Illustration only—not a rate quote, preapproval, lending offer or affordability determination. Assumes equal monthly payments on a fully amortizing fixed-rate loan; no adjustable rates, interest-only periods or balloon payments. Excludes closing costs, utilities, maintenance, special assessments and other unentered costs. Actual payments and escrow can differ. Review a Loan Estimate with your lender.

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