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148 W Cherry Avenue — Monrovia — 4 Beds • 3 Baths • 1,623 Sq Ft | Belmont Brokerage | Belmont Brokerage

Active

+13 more

$795,000

110 DOM

$490/sqft4 bd3 ba1,623 sqftHOA ~300/mo

Call

148 W Cherry Ave Monrovia, CA 91016

2,010sqft lot

NEWLY ADJUSTED PRICE - TAKE ANOTHER LOOK! Welcome to 148 West Cherry Avenue, a spacious 4-bedroom, 3-bath home offering 1,623 square feet of comfortable living space. Built in 2003, this residence has been lovingly maintained by the same owner for over 20 years. The interior features a practical floor plan with multiple living areas, generous bedrooms, and central air conditioning and heating for year-round comfort. Outside, the property sits on a manageable 2,005 square foot lot, providing a low-maintenance yard with room for a garden, patio, or outdoor seating. Nestled in a desirable Monrovia neighborhood near the San Gabriel foothills, this home combines modern construction with convenience and potential, making it an excellent opportunity for buyers ready to personalize and make it their own.

MLS PW25269292

562-342-6044 (Office) linda@trendsre.com

Est. payment

$5,380/mo

Principal & interestTaxesInsuranceHOA

$4,020$828$232$300

Down %

Rate %

Years

Down payment: $159,000 · Total cost: $1,606,183

Mortgage vs rent

Compare estimated owner carrying cost (same loan math as above) to a gross rent estimate from a price-based multiplier (not a comp lease).

Est. carrying cost$5,380/mo

Principal & interest: $4,020
Est. property tax: $828
Est. insurance: $232
HOA (normalized / mo): $300
Down payment: $159,000

Est. gross rent$3,313/mo

Gross rent ≈ list price ÷ (20 × 12). Adjust the multiplier to match how you underwrite (typical investor GRM bands are often ~16–24 for SFR, market-dependent).

Rent − carrying cost (illustrative)$-2,067/mo

Down payment20%

6.5% APR, 30-year amortization — same P&I formula as the payment calculator above.

Gross rent multiple (annual)20×

Not financial advice. Mortgage uses standard amortizing P&I; taxes and insurance are rough California-style estimates (1.25% / yr tax, 0.35% / yr insurance). Rent is gross (no vacancy or management); actual market rent requires comps or a lease listing.

Price History

Event	Date	Price	Change
Listed	Oct 17, 2025	$815,000	—

Facts & Features

Transaction Data

▼Price Reduced from $815,000 (−$20,000)

HOA Fee$300/monthly

Structure & Property

Year Built2003

Garage Spaces2

562-342-6044 (Office) linda@trendsre.com

Sale & Tax History

No Recent Sales History

We didn't find any closed transactions for this property in the last 5 years.

Location

148 W Cherry Avenue, Monrovia, CA 91016

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Call

148 W Cherry Ave Monrovia, CA 91016

About this home

Linda Shepperd

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Structure & Property

Linda Shepperd

Sale & Tax History

No Recent Sales History

Location

Location

Listing Agent

Presented by Belmont Brokerage Inc.

148 W Cherry Avenue, Monrovia, CA 91016

About This Property

Property Photos

148 W Cherry Ave Monrovia, CA 91016

About this home

Linda Shepperd

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Structure & Property

Linda Shepperd

Sale & Tax History

No Recent Sales History

Location

Location

Listing Agent

Presented by Belmont Brokerage Inc.