518 E Olive Ave, Monrovia, CA 91016
Property image
Property image
OFF MARKET

518 E Olive Ave
Monrovia, CA 91016

  • 4 Beds
  • 4 Baths
  • 1,800 sqft (on 0.30 acres)

$2,235,400

Trulia Estimate
as of Aug 14, 2026
Est. Refi. Payment $13,529/mo*
Refinance Your Home

$2,235,400

Trulia Estimate
as of Aug 14, 2026
Est. Refi. Payment $13,529/mo*
Refinance Your Home
4 Beds
4 Baths
1,800 sqft
(on 0.30 acres)

Home Value

Trulia Estimate
$2.23M
Since last month
Increased$62K (+2.9%)
Since last year
Increased$56K (+2.5%)
Since last sale
Increased$1M (+155.5%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +243% in the last 10 years
MonthEstimated value
2026
August 2026$2.25M
July 2026$2.21M
June 2026$2.19M
May 2026$2.19M
April 2026$2.18M
March 2026$2.23M
February 2026$2.19M
January 2026$2.03M
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
502 E Olive Ave, Monrovia, CA
0.04
Single-Family Home
$2,341,000
07/02/26
3
3
1,388
422 Almond Ave, Monrovia, CA
0.18
Single-Family Home
$1,495,000
02/24/26
5
4
2,770
415 E Walnut Ave, Monrovia, CA
0.10
Single-Family Home
$1,128,000
03/25/26
6
2
2,024
244 E Lime Ave, Monrovia, CA
0.33
Single-Family Home
$985,000
04/30/26
4
2
1,480
418 E Olive Ave #B, Monrovia, CA
0.09
Single-Family Home
$845,000
06/26/26
3
2.5
1,469
617 E Walnut Ave, Monrovia, CA
0.08
Single-Family Home
$876,545
11/04/25
3
3
1,329
619 E Walnut Ave, Monrovia, CA
0.09
Single-Family Home
$899,000
09/18/25
3
3
1,329
401 E Cherry Ave, Monrovia, CA
0.40
Single-Family Home
$1,180,000
03/27/26
4
3
2,166
613 E Walnut Ave, Monrovia, CA
0.08
Single-Family Home
$929,000
09/03/25
3
3
1,307
327 E Lemon Ave, Monrovia, CA
0.25
Single-Family Home
$1,070,000
11/13/25
3
3
1,420

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
425 E Walnut Ave, Monrovia, CA 91016
0.07
$848,400
3
3
1,355
Off Market
415 E Walnut Ave, Monrovia, CA 91016
0.10
$1,128,000
6
2
2,024
Recently Sold
418 E Olive Ave #B, Monrovia, CA 91016
0.09
$845,000
3
2.5
1,469
Recently Sold
617 E Walnut Ave, Monrovia, CA 91016
0.08
$876,545
3
3
1,329
Recently Sold
613 E Walnut Ave, Monrovia, CA 91016
0.08
$926,700
3
3
1,307
Off Market
619 E Walnut Ave, Monrovia, CA 91016
0.09
-
3
3
1,329
Off Market
808 S California Ave, Monrovia, CA 91016
0.13
$1,099,000
4
2.5
1,774
For Sale
615 E Walnut Ave, Monrovia, CA 91016
0.11
$996,500
3
3
1,307
Off Market
602 E Colorado Blvd, Monrovia, CA 91016
0.09
$895,600
2
2
1,186
Off Market
426 Almond Ave, Monrovia, CA 91016
0.18
$1,308,400
4
2
2,042
Off Market
612 E Colorado Blvd, Monrovia, CA 91016
0.11
$1,743,000
4
3
2,057
Off Market
612-614 E Colorado Blvd, Monrovia, CA 91016
0.11
$1,760,000
4
4
2,057
For Sale

Local Information

  • Map ViewExplore the area around 518 E Olive Ave.
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1952
Lot Size
0.3 acres
Living Area
1,800 sqft
Price/Sqft
$1,242
Parking
Garage

About this House

New built two-story house with modern style through out. There are 4 bedrooms and 3.5 bathrooms, along with both front yard and side yard. Kitchen features a large island in the middle and has a lot of cabinets to organize the groceries. New appliances including stove and dishwasher.Central air conditioner and heater. Two car garage attached to the unit. Owner pays for gardening. Pet rent is $50 per pet per month, two small pets max.

Owner pays for gardener only. No smoking allowed.
518 E Olive Ave, Monrovia, CA 91016 is a 4 bedroom, 4 bathroom, 1,800 sqft single-family home built in 1952. It last sold for $880,000 on Nov 28, 2017. More recently, it was listed as a rental in September 2022 with an asking price of $4,300 per month. That rental listing was removed on October 9, 2022. It is currently off market. The Trulia Estimate is $2,235,400, with a rent estimate of $4,265/month.

Home Details for 518 E Olive Ave

Interior Features

Heating & Cooling
Heating: Forced AirAir ConditioningCooling System: OtherHeating Fuel: Forced Air
Interior Details
Number of Rooms: 8Types of Rooms: Dining Room
Appliances & Utilities
DishwasherDryerWasher
Levels, Entrance, & Accessibility
Floors: Hardwood

Property Information

Year Built
Year Built: 1952Year Updated: 1953
Property Type / Style
Property Type: Single Family HomeArchitecture: Conventional

Exterior Features

Parking & Garage
GarageParking Spaces: 4Parking: Garage Detached

Community

Units in Building: 1

Lot Information

Lot Area: 0.30 acres

Price and Tax history

DateEventPrice
Oct 9, 2022
Source: Zillow Rental Manager
ListingRemoved
Oct 2, 2022
Source: Zillow Rental Manager
PriceChange
$4,000
Price decreased by 7%
Sep 29, 2022
Source: Zillow Rental Manager
Listed For Rent
$4,300
Dec 5, 2017
Source: Agent Provided
ListingRemoved
$2,500
Nov 30, 2017
Source: Agent Provided
Listed For Rent
$2,500

Market trends in Monrovia

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
73
4MoM
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Around this home

What Locals Say about Monrovia

At least 409 Trulia users voted on each feature.

  • 92 % Say it's dog friendly

  • 84 % Say there are sidewalks

  • 83 % Say it's walkable to restaurants

  • 80 % Say it's walkable to grocery stores

  • 80 % Say parking is easy

  • 74 % Say there's holiday spirit

  • 71 % Say yards are well-kept

  • 68 % Say people would walk alone at night

  • 67 % Say car is needed

  • 64 % Say streets are well-lit

  • 63 % Say there's wildlife

  • 62 % Say they plan to stay for at least 5 years

  • 61 % Say it's quiet

  • 60 % Say kids play outside

  • 55 % Say neighbors are friendly

  • 38 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Shesobudha
    "I live with my Parents, once again years ago, and as my body has Cancer, I am back again. Monrovia extremely, safe! Great schools side walks town center Historical homes, craftsman built and unique mixture of statues universalized people. Seriously you can find a home, buy it! Great investments Right out from the city of LA County"
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  • Shan Lin
    "I love living here , area is safe and very convenient , many restaurants, grocery stores, department stores and convenience stores. Love the old town Monrovia and the farmers market and very Friday night which is very family and kids friendly!"
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  • Ccdoolittle
    "I commute or walking to stores Easy bus stops Necessary things are close and over for citizens is discounted "
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  • Arlanna Jackson
    "Peaceful and quiet, friendly neighbors all the stores and food places are very convenient walking distance"
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  • P222gnymdy
    "I have lived here for 4 years and have enjoyed every minute. Great downtown and always something going on. "
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  • Vermillionm19
    "210 usually gets packed. So I have to leave a little earlier. Other than that it’s fine. Very smooth ride and easy to get around. "
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  • Y5bfkcccgs
    "I’ve worked in this area for years and loved it and only moved into this town this past year and it’s been a really peaceful neighborhood that feels super safe to live in! "
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  • Pescadi123
    "Privacy and people are pleasant. There are many restaurants and stores close. I feel safe and feel I can walk around with confidence. "
    0
    Flag
  • Christa Serrano
    "Cars tend to avoid stop signs and speed limits, keep your kids safe inside your yards if they play outside"
    1
    Flag
  • Miguel Cardenas
    "The neighborhood is nice and quiet. Sometimes too quiet. The parks are nice and clean. There are plenty of hiking trails and the downtown area is very oldtown feeling. "
    1
    Flag
  • Natedelrosario
    "There are a lot of dog owners here.. most of the owners are friendly and seem to have control of their dogs, no problems with aggressive dogs or out of control dogs.. they pick up after their dogs all the time "
    1
    Flag
  • Natedelrosario
    "Streets are safe And everyone looks out for one another .. there’s old town Monrovia down myrtle street that has Great shops and food "
    4
    Flag
  • Psdspeaks
    "Great schools! Wonderful parks and several grocery stores. The ppl are friendly and the community is safe. "
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    Flag
  • Kimsamuels2005
    "It is convenient for me to get to my work. The gold line is easily accessible to take me to LA when I have a need."
    3
    Flag
  • Acnegrete2
    "Love the area, it is very family friendly. And also very quiet but lively at the same time. Great food, lots of parks, and the community has many events. "
    1
    Flag
  • Erin
    "I commute 20 minutes to work. With traffic, it can take up to 30 minutes max. Traffic around Monrovia is not bad. "
    1
    Flag
  • Veronica M.
    "There is a lovely new dog park opening soon. However some of the sidewalks in this neighborhood are grown over/covered in grass, so it can be tough walking if you don’t want to go into the street. "
    1
    Flag
  • Anon
    "Not every dog owner cleans up after their dog. It’s a consistent problem that people put up signs that tell them to not walk by their house "
    0
    Flag
  • Sam
    "They love their afternoon walks., sometimes you see neighbors walking the dog’s together., alway saying hi to others.. you feel welcome when you walk by them"
    0
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  • Christinamassey
    "Very easy Frwy access, currently 15 min to work but normal commute time can be a problem with 40 min trips on the 210."
    4
    Flag
  • Susan L.
    "Great neighbors and community. Cannot speak to schools as my children went to private schools. People look out for one another. I LOVE living in Monrovia. Great cross-section of age groups."
    1
    Flag
  • Sherwin B.
    "Love Monrovia, it's a family oriented city and really safe for kids. You want to stay here forever"
    0
    Flag
  • Allison A.
    "I personally do not use public transportation however when I have it’s been clean and safe. The commute to downtown LA is very easy."
    2
    Flag
  • Aminarax626
    "I love Monrovia. It is a very homey city in the foothills with an extremely neighbourly feel. I absolutely love it! PLUS is is very racially integrated which is a huge plus. the type of neighborhood where everyone says hi to u when you're walking down the street."
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  • Kristenawunderlich
    "i see people walking their dogs all around. it is a very dog friendly town. with more than one dog park. it is a safe place to walk around with your dog. most people seem to have their dogs well trained. "
    1
    Flag
  • Jaylene
    "Dog owners would like to live here, but dogs are not allowed in some shops. "
    0
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  • Anu D. N.
    "Great parks and hiking trails Friendly neighbors But schools are Little lower than average. Food is great mostly American. Starting to get more diverse. Beautiful small town "
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  • Saldanaalain
    "Dogs on the loose. Dogs without their leashes is also something people in Monrovia would not like. They would like when dogs are friendly."
    1
    Flag
  • Marcjuregui
    "I love this city, its secure place to live, People are nice and the comuinite is really acting... the city is nice and clean and the parks are secure in clean."
    1
    Flag
  • Gwiin C.
    "There are great parks and schools in my neighborhood. Everyone is friendly and looks out for each other."
    0
    Flag
  • Kimberly G.
    "I work in Monrovia and this place is beautiful from morning to night. Most people are very friendly. "
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  • Kristenawunderlich
    "Farmers market every friday plus the city is constantly throwing events for all the holidays. Friendly quiet neighborhoods. Trees and animals everywhere with a beautiful view of the mountain top especially when it snows. "
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  • Reina D.
    "Every holiday makes our community special. Myrtle always provides safe and fun events for our family. "
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  • Jessica M.
    "We have a street fair every Friday and the community holds a lot of special events for most holidays throughout the year"
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    Flag
  • Melanie W.
    "Downtown events in general. Something nice is the summer concerts in the park. We also enjoy the Fourth of July celebration with fireworks. "
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  • Rogaskin
    "I love Monrovia, since we’ve been here we’ve felt nothing but welcomed. There’s a lot of places to eat & things to do with family & kids. "
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  • Tlt322
    " the neighbors are very friendly and helpful. very nice place to walk in. lots of places yo eat nearby. "
    0
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  • Sarah S.
    "My neighborhood is walking distance to the metro and Lyfts are discounted by the city for public transportation around town "
    0
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  • Tomhyatt
    "Yes we rock. Old town. Bars, movie theatre, hiking, accessible to freeway, friendly, animal friendly. Parks and rec library. We got it"
    0
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  • Lunayvette67
    "Street festival- all American city~ Good schools -good fire station- Downtown area with great parks and recreation"
    0
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Apartments for Rent

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Explore by feature - Pet Friendly

41 pet-friendly rentals in Monrovia, CA

Explore by feature - Garage

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Explore by feature - Air Conditioning

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Explore by feature - Pool

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Explore by feature - Washer/dryer

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Explore by feature - Outdoor Space

17 rentals with an outdoor space in Monrovia, CA

Homes for sale near 518 E Olive Ave

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Off Market Homes Near 518 E Olive Ave

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Frequently asked questions about 518 E Olive Ave

  • What is 518 E Olive Ave estimated to be worth?
    Trulia's estimated value for 518 E Olive Ave in Monrovia, CA is $2,235,400.
  • What is the price history for 518 E Olive Ave?
    518 E Olive Ave in Monrovia, CA last sold for $880,000 in November 2017.
  • Is Monrovia a buyer's or seller's market?
    Monrovia is currently a balanced market, based on recent for-sale activity.
  • What do residents say about Monrovia?
    Residents describe Monrovia, CA as dog-friendly, pedestrian-friendly, and walkable to restaurants. See recently sold homes in Monrovia, CA.
  • Does 518 E Olive Ave have air conditioning?
    Yes, 518 E Olive Ave in Monrovia, CA has air conditioning.
  • Does 518 E Olive Ave have laundry facilities?
    Yes, 518 E Olive Ave in Monrovia, CA has in-unit laundry.