Monrovia Real Estate
LIFE AT ITS BEST
Monrovia has always offered attractive and safe neighborhoods that reflect the residential character of the community. Here, turn-of-the-century Victorians and grand Craftsmen homes dot the neighborhoods, along with California bungalows and many other architectural styles.
Homes come in all price ranges with plenty of moderate and executive housing available. Those with an interest in real estate investment will find that home values continue to appreciate, thus ensuring both new and long-time residents a valuable return on property investments.
There are complexes of rental apartments wrapped around recreational amenities; for those who enjoy home ownership without maintenance responsibilities, there are smartly styled condominiums and townhomes. Monrovia and other neighboring areas also offer retirement villages reserved exclusively for seniors.
Community planners, focusing on the needs of families, blend residential and commercial space to harmonize with Monrovia’s natural surroundings. Access to basic community services, recreational facilities, shopping and jobs are of utmost priority.
With its top-rated schools, friendly faces and idyllic climate, Monrovia attracts upwardly mobile, energetic families from suburbs all over. The average resident age is 33. Statistics from 2000 indicate that the median household income was $45,375 and the median home value was $229,600.
NEW DEVELOPMENTS IN MONROVIA!
Colorado Commons: A project of the Monrovia Redevelopment Agency, a public/private partnership will feature 68 residential units along with some commercial spaces. Located at the corner of Primrose Avenue and Colorado Boulevard in Old Town that will complement this already charming area.
Classic European architecture will prevail in this residential enclave, Colorado Commons blends elegant and sophisticated urban living with a walkable and vibrant small-town lifestyle. For more information, www.livecoloradocommons.com
Barratt American Homes: This privately funded development will create 136 residential units, 11 live-work units and 7,800 square feet of commercial space to the east side of the 700 block of South Myrtle Avenue, between Olive and Walnut Avenues. Construction is expected to last through 2008.
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