Properties for Sale in South Monrovia Island, California, United States

Real estate in South Monrovia Island

California's coast is often the go-to destination for prospective homebuyers and investors from across the globe. One location that certainly warrants consideration, especially for those seeking their ideal beach house or condo for sale, is South Monrovia Island. This stunning neighborhood in the heart of Los Angeles County, nestled between a serene coastline and the vibrant urban life of the city, has aptly been named “The Little Coastal Gem” for its attractive landscape and architecture. Before embarking on a house-hunting mission in this area, garner insights about the local real estate market, the properties up for sale in South Monrovia Island, and the expenses linked to owning a holiday home in this distinct location. This region, celebrated for its perfect blend of tranquility and cosmopolitan lifestyle, boasts a diversity of real estate options, from quaint coastal cottages to striking contemporary condos, all add to the unique charm of the place.

South Monrovia Island properties: Market trends overview

South Monrovia Island's real estate market has observed a consistent rise in property values, making it an enticing target for international investors and property seekers, notably from Canada, the UK, Australia, and Japan. The island's distinctive geographical situation permits a tranquil lifestyle blend with an exciting vacation due to the numerous recreational facilities, yacht clubs, and immediate proximity to dynamic Los Angeles. South Monrovia Island boasts a mesmerizing beachfront backdrop, abundant cultural legacy, and an exceptional living standard. Over recent years, the local government has been funneling more capital into the island's growth, offering an array of real estate choices for domestic and international property investors, encompassing sleek and practical townhouses, condos, contemporary villas, rustic ranches, and high-rise penthouses. Sourcing property and condos for sale in South Monrovia Island, California, to match any budget and lifestyle preferences is simple, making the coastal paradise one of the most accommodating to international investors.

Average price of a property for sale in South Monrovia Island

What might it cost to acquire a property in South Monrovia Island, California? The answer is uncertain as the value is driven by numerous influences such as the type of estate, closeness to the downtown district and the coast, facilities available, and individual needs (high-end details, area, convenience, and so on). Present data reveals that the highest quoted price for a real estate property in South Monrovia Island reached $3,500 per square foot. The steepest prices are found in the South Monrovia-Island Heights area. On the other hand, more affordable prices, with an average cost per square foot of $2,580, are found in the Island-Vista area. The mean price for a residence right now floats around $750,000.

Types of properties can you find in South Monrovia Island

South Monrovia Island, California, provides a wide array of real estate options, ranging from condominiums, lavish penthouses, prime beachfront houses, to classic American cottages. The most exclusive property available for sale can be found in secure residential neighborhoods. 3-4 bedroom condos with expansive balconies and two-story homes are also available, each story having its own entrance, along with spacious patios and individual kitchens. You might consider a brand-new house situated in an esteemed location in South Monrovia Island, California, offering sea views, a short walk to the beach, and simply a perfect location to reside. The diversity in property types caters to a variety of lifestyle preferences, making South Monrovia Island a desirable place to live.