In the foothills of the San Gabriel Mountains, Monrovia combines small-town charm with urban elegance. Monrovia’s real estate market reflects its diversity and accommodates many interests and lifestyles. This city has a home for every buyer, from classic craftsman-style homes to modern condos with elegant features. With tree-lined avenues, well-maintained properties, and a strong feeling of community, Monrovia’s neighborhoods are a canvas for residents to paint their own stories of home and belonging. Monrovia CA real estate agent Joe Chiovare can help you navigate this attractive city’s diversified real estate market.
Monrovia real estate
Monrovia is an excellent place to invest in real estate because of the following:
A Growing Population
California is America’s most populous state. Starting in 2023, the state has over 40 million residents. 0.57% is a decent growth rate. Population growth increases housing demand. Therefore, you will never have a vacant property and must find a tenant.
California’s Economy
California’s GDP would be among the highest if it were a nation. Over 3 trillion USD, it’s slightly beyond Britain’s GDP. A strong economy is essential for real estate stability. It will continue to attract international investment and enterprise. More job seekers will move there; hence, your California real estate home will become more popular when you decide to sell.
Low property tax
Landlords should rejoice about “low property tax.” California’s mean is 0.71% of assessed house value, compared to 0.99% nationally. Even Los Angeles County, the most costly, is cheaper than much of America.
Things to do in Monrovia
Below are fun things to do during your stay in Monrovia:
Petting Zoo
Visit the Monrovia Friday Night Family Street Fair on Myrtle Avenue for a fun petting zoo for kids. They’ll enjoy meeting furry friends in the relaxed atmosphere of stores, restaurants, and live music. Take them weekly, and they may form a friendship they’ll like fostering. The zoo isn’t always at the fair but is usually there and popular with families.
farmers market
Farmers’ Market
Food is fresh, vendors are friendly, and small businesses are local. Myrtle Ave closes for pedestrians and has a family-friendly night out every Friday night.
Day Tours of Arcadia Arboretum
With grounds dedicated to South America and South Africa, the Arcadia Arboretum and Botanic grounds offer a global view of plants. History surrounds Rancho Santa Anita, a few minutes outside Monrovia. Explore the Serpent Trail or Forest Path and be immersed in the splendor of life-giving plants and flowers to make your Monrovia vacation unforgettable.
Trails for hiking
Monrovia Hillside Preserve is famous for its year-round bike, hiking trails, and views. First-time and experienced hikers enjoy the gradual ascent. The loop takes around an hour and a half, so slow down and enjoy this hidden gem while you can!
Huntington Library, Art Museum, Botanical Gardens
The Huntington Library and Art Museum educates children and adults about American history from colonial times to the present: Botanical Gardens, the world’s most beautiful grounds, house galleries, displays, and research facilities. Look in and out of buildings with manuscript collections, relics, Midwest travel stories, and more as waterways and ancient trees take you from manicured living deserts to jungles, rose gardens, and more.
Cafes/Breweries
Tap rooms, tasting rooms, and great beer. Any of the town’s microbreweries provide that evening deal. On weekdays, visit Over Town, Hop Secret, or Pacific Plate for various lagers and ales. Zythophiles will adore Monrovia’s small-town charm and social buzz, making any institution a happy hour hangout.
Kiddie Fun Room
The joyful ambiance from the Kids Fun Room in the Monrovia location proves Living Spaces is for all ages. Leaving your restless shopping pals in this professionally supervised zone lets you shop without them. Video games, movies, and more may keep your child from leaving—a win-win, depending on how much shopping you do!