Improved Price ! Exceptional Development Opportunity to discover an expansive 19.85 acre property nestled in the serene and picturesque hillside of Monrovia. This prime offering comprises two parcels: 537 Cloverleaf Dr. (APN: 8503001029, approximately 4.88 acres with 2,683 SF of dwelling) and 539 Cloverleaf Dr. (APN: 8503002008, approximately 14.97 acres with 2,390 SF of dwelling). Utilities are available on site. Property is currently producing rental income. Valued primarily for its vast land, this versatile property offers boundless possibilities for redevelopment or continued use as rental property. Unlock its full potential by consulting the Monrovia Planning Department to explore development options. Don't miss this exceptional opportunity to turn your vision into reality. Take action today!
Off market
Listing Provided by:
$4,329,200
537 Cloverleaf Dr, Monrovia, CA 91016
7beds
5,073sqft
Quadruplex
Built in 1916
-- sqft lot
$4,329,200 Zestimate®
$853/sqft
$8,296 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: April 11, 2025 at 08:54pm
Source: CRMLS,MLS#: AR25026904
Originating MLS: California Regional MLS

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 5
- Full bathrooms: 5
- Main level bathrooms: 5
- Main level bedrooms: 7
Heating
- Central
Cooling
- None
Appliances
- Laundry: None
Features
- Has fireplace: Yes
- Fireplace features: See Remarks
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 5,073 sqft
- Finished area below ground: 0
Property
Features
- Levels: Two
- Stories: 2
- Entry location: Ground
- Pool features: None
- Has view: Yes
- View description: Mountain(s)
Lot
- Size: 19.85 Acres
- Features: Lot Over 40000 Sqft
Details
- Additional parcels included: 8503002008
- Parcel number: 8503001029
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Condition
- New construction: No
- Year built: 1916
Utilities & green energy
- Sewer: Unknown
- Water: Public
Community & neighborhood
Community
- Community features: Hiking, Park
Location
- Region: Monrovia
Other
Other facts
- Listing terms: Cash,Cash to New Loan,1031 Exchange
Services availability
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Estimated market value
$4,329,200