Rod Vargas
Tierra Properties
(424) 343-1076
21 Total Sales
1 in Monrovia
$1,228,000 Price
123 W Cypress Ave Monrovia, CA 91016
Monrovia Area
10
Beds
6
Baths
5,280
Sq Ft
9,338
Sq Ft Lot
Highlights
- No HOA
- Central Heating
- Level Lot
- Monrovia High School Rated A
- Laundry Facilities
About This Home
As of September 2017LOCATION! LOCATION! LOCATION! VERY WELL MAINTAINED 6 UNIT APARTMENT WITH 1 ATTACHED GARAGE AND 5 CARPORTS, CENTRALLY LOCATED IN THE SAN GABRIEL VALLEY MINUTES NORTH OF THE 210 FREEWAY AND METRO GOLD LINE STATION IN MONROVIA, CLOSE TO OLD TOWN MONROVIA AND ARCADIA, WALKING DISTANCE TO HUNTINGTON DRIVE, BUS STOPS, RESTAURANTS, FRIDAY NIGHT FARMERS MARKET, SUPERMARKETS AND ALL KINDS OF SHOPS. 4 UNITS WITH 2BEDS/1BATH AND 2 UNITS WITH 1BED/1BATH. ALL UNITS ARE VERY CLEAN, GOOD CONDITION AND SPACIOUS. EACH UNIT HAS A PRIVATE YARD OR BALCONY FOR THE WEEKEND BARBECUE. SOME UNITS ARE NEWLY REMODELED. ON SITE LAUNDRY WHICH GENERATES EXTRA INCOME FOR THE LANDLORD. LONG TERM TENANTS WITH MONTH TO MONTH LEASES. RENTS ARE BELOW MARKET. HUGE UPSIDE POTENTIAL. NO RENT CONTROL. PROPERTY TO BE SOLD "AS IS". DRIVE BY ONLY.
Last Agent to Sell the Property
A & K Construction And Realty Inc License #01413581 Listed on: 02/16/2017
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1964
Lot Details
- 9,338 Sq Ft Lot
- Two or More Common Walls
- Level Lot
Parking
- 1 Car Garage
- 5 Carport Spaces
- Parking Available
- Assigned Parking
Home Design
- 5,280 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 10 Bedrooms
- 6 Bathrooms
Additional Features
- Urban Location
- Central Heating
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas, telephone
- Tax Lot 30
- Tax Tract Number 4311
- Assessor Parcel Number 8508010028
Community Details
Overview
- No Home Owners Association
- 6 Units
Amenities
- Laundry Facilities
Building Details
- 6 Leased Units
- 7 Separate Electric Meters
- 6 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $900
- Gardener Expense $840
- Insurance Expense $2,040
- Trash Expense $2,304
- Water Sewer Expense $2,520
- New Taxes Expense $21,125
- Operating Expense $29,729
- Gross Income $98,760
- Net Operating Income $87,756
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Monrovia, CA
-
Rod Vargas
-
Gina Bryson
Gina Bryson
IFG Realty
(562) 620-3688
43 Total Sales
1 in Monrovia
$1,526,000 Price
-
Marcus Ibrahim
Marcus Ibrahim
eXp Realty of Greater Los Angeles
(781) 476-7479
93 Total Sales
1 in Monrovia
$750,000 Price
-
Cyrus Mohseni
Cyrus Mohseni
Responds QuicklyThe Keystone Team
(657) 341-0810
178 Total Sales
1 in Monrovia
$773,000 Price
-
Lan 'Gloria' Xiao
Lan 'Gloria' Xiao
Responds QuicklyRE/MAX ELITE REALTY
(562) 600-8264
114 Total Sales
2 in Monrovia
$988,000 Price Range
-
Ryan Zimmerman
Ryan Zimmerman
CONCIERGE REALTY GROUP
(909) 404-9309
209 Total Sales
1 in Monrovia
$1,825,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Listed On Document | ||
| Lkb Holdings Llc | $1,550,000 | None Available | |
| Chow Andy | -- | None Available | |
| Chow Andy | $910,000 | Ticor | |
| Albert Clayton F | -- | American Title Ins Co | |
| Lai Michael Ming Chiao | -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | -- | ||
| Previous Owner | Chow Andy | $715,000 | |
| Previous Owner | Chow Andy | $600,000 | |
| Previous Owner | Chow Andy | $450,000 | |
| Previous Owner | Albert Clayton F | $275,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/06/2017 09/06/17 | Sold | $1,550,000 | -8.3% | $294 / Sq Ft |
| 06/12/2017 06/12/17 | Pending | -- | -- | -- |
| 02/16/2017 02/16/17 | For Sale | $1,690,000 | -- | $320 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $25,237 | $1,798,902 | $719,561 | $1,079,341 |
| 2025 | $25,237 | $1,763,630 | $705,452 | $1,058,178 |
| 2024 | $24,651 | $1,729,050 | $691,620 | $1,037,430 |
| 2023 | $24,157 | $1,695,148 | $678,059 | $1,017,089 |
| 2022 | $23,430 | $1,661,911 | $664,764 | $997,147 |
| 2021 | $22,972 | $1,629,326 | $651,730 | $977,596 |
| 2019 | $21,914 | $1,581,000 | $632,400 | $948,600 |
| 2018 | $21,388 | $1,550,000 | $620,000 | $930,000 |
| 2016 | $15,328 | $1,071,514 | $600,520 | $470,994 |
| 2015 | $15,008 | $1,055,420 | $591,500 | $463,920 |
| 2014 | $14,879 | $1,034,747 | $579,914 | $454,833 |
Source: Public Records
Agents Affiliated with this Home
-
ANNIE WONG
AW
Seller's Agent in 2017
ANNIE WONG
A & K Construction And Realty Inc
(626) 821-1919
50 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: WS17032754
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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