NOT LISTED FOR SALE

122 N Encinitas Ave Monrovia, CA 91016

5 Beds
6 Baths
2,774 Sq Ft
9,583 Sq Ft Lot

Last Sold October 03, 2014

Last sale price $925,000 $333 Per Sq Ft

109 Days on Market

About This Home

As of October 2014

SELLER WANTS TO SEE ALL OFFERS! Jump on this change to own a nice 5 unit property, North of Foothill and Walking distance to Old Town Monrovia. The property is located on a nice residential street with mostly single family houses. This property consists of One Townhouse style 2 Bedroom/2 Bath unit with W/D hookups, Three 1 Bedroom/1 Bath units, and 1 Studio unit. The subject property is situated on a spacious 9,749 square foot lot with covered carport parking. This property is VALUE ADD with UPSIDE and can easily get another $500 more on monthly gross. The units have individual water heaters and some have fireplaces. There is also a little yard area that tenants use for some green space with table and chairs. TENANT OCCUPIED. DO NOT DISTURB.

Last Agent to Sell the Property

Alexander Metaxas

Realty Investment Advisors, Inc. License #01784652 Listed on: 04/18/2014

Last Buyer's Agent

Barry Gordon

Marcus & Millichap License #00925711

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1926

Lot Details

  • 9,904

Interior Spaces

  • 2,774 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 6 Bathrooms

Parking

  • 5 Parking Spaces
  • 5 Carport Spaces

Additional Features

  • 9,904 Sq Ft Lot
  • Cooling System Mounted To A Wall/Window

Community Details

  • 2 Buildings
  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 8519-027-042

Property Details

Home Type

Multi-Family

Year Built

Built in 1926

Lot Details

9,904 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2774
  • Stories: 2
  • Year Built: 1926
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 5
  • Total Bathrooms: 6.00
  • Price Per S Q F T: 352.92

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Carport Spaces: 5
  • Parking Garage: Carport, Covered Parking
  • Total Parking: 5

Utilities

  • Cooling: Wall/Window
  • Water Expense: 1380.00

Fee Information

  • Insurance Expense: 1110.00
  • Maintenance Expense: 2895.00
  • Other Expense: 1000.00
  • Trash Expense: 1440.00

Lot Info

  • Assessed Improvement Percent: 26.82
  • Assessed Improvement Value: 234665
  • Assessed Land Value: 639996
  • Total Assessed Value: 874661
  • Assessor Parcel Number: 8519-027-042
  • Geocode Override: No
  • Lot Size Area: 9904

Rental Info

  • Total Actual Rent: 4825.00

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Gross Rent Multiplier: 16.91
  • Number Of Units: 5
  • Type Of Units: APT

Tax Info

  • Tax Expense: 11940.00
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2014 10/03/14 Sold $925,000 -19.5% $333 / Sq Ft
08/05/2014 08/05/14 Pending -- -- --
04/18/2014 04/18/14 For Sale $1,149,000 -- $414 / Sq Ft
Source: The MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $16,021 $1,111,702 $961,476 $150,226
2024 $16,021 $1,089,905 $942,624 $147,281
2023 $15,674 $1,068,536 $924,142 $144,394
2022 $15,243 $1,047,585 $906,022 $141,563
2021 $14,954 $1,027,045 $888,257 $138,788
2019 $14,295 $997,064 $861,912 $135,152
2018 $13,956 $977,524 $845,012 $132,512
2016 $13,400 $939,106 $812,200 $126,906
2015 $13,120 $925,000 $800,000 $125,000
2014 $12,656 $878,631 $642,901 $235,730
Source: Public Records

Agents Affiliated with this Home

  • Alexander Metaxas

    Seller's Agent in 2014

    Alexander Metaxas

    Realty Investment Advisors, Inc.

    (626) 487-4300

    3 in this area

    39 Total Sales

    Alexander Metaxas
    Section Image

  • B

    Buyer's Agent in 2014

    Barry Gordon

    Marcus & Millichap

See All Agents

Map

Source: The MLS

MLS Number: 14-753555

The MLS
California Los Angeles County Monrovia 91016

122 N Encinitas Ave, Monrovia, CA

Not Listed for Sale

MultiFamily

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