$888,000
PENDING $62K PRICE DROP

126 E Cypress Ave Monrovia, CA 91016

Estimated payment $5,105/month

Total Views 34,803
3 Beds
2 Baths
1,532 Sq Ft
$580 Price per Sq Ft

Highlights

  • No HOA
  • Laundry Room
  • Back and Front Yard
  • Mayflower Elementary School Rated A
  • Wall Furnace
  • 1-Story Property

About This Home

A change in tenancy! Both units will be delivered vacant at close of escrow. Nestled in the heart of Monrovia, this exceptional property offers unparalleled access to the city's vibrant lifestyle, with shopping, dining, and transportation just moments away. This unique offering presents a fantastic investment opportunity with two distinct units. The rear unit boasts a near-new condition, featuring a stunningly renovated kitchen, a modern bathroom, convenient in-unit laundry, and energy-efficient dual pane windows. Step outside to your own private and tranquil rear yard, perfect for relaxation or entertaining. The front unit, offers a blank canvas for your creative vision and a steady stream of income. Enjoy the convenience of off-street parking with a two-car carport and additional driveway space. Don't miss this incredible opportunity to own a piece of Monrovia's charm and potential!

Listing Agent

Tom Adams

Century 21 Adams & Barnes Brokerage Email: tom@c21ab.com License #00977699 Listed on: 04/15/2024

Century 21 Adams & Barnes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,982

Year Built

  • Built in 1923

Lot Details

  • 6,602 Sq Ft Lot
  • No Common Walls
  • Back and Front Yard

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 1,532 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces
  • Parking Available

Additional Features

  • Rain Gutters
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 14
  • Tax Tract Number 6697
  • Assessor Parcel Number 8508012031
  • $782 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $43,440

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,982

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Assessments: Yes
  • Price Per Unit: 444000
  • Property Attached: No
  • Zoning: MORL*
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 8508012031
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 579.63

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Parking: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 6602.00
  • Lot Size Acres: 0.1516

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average1 Bed Area: 632 Square Feet
  • Average2 Bed Area: 900 Square Feet
  • Gross Income: 43440.00
  • Gross Scheduled Income: 62400.00
  • Lot Size Area: 6602.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense Percent: 5.00
  • Rent Control: No
  • Vacancy Allowance Rate: 5.00

Tax Info

  • Tax Census Tract: 4311.00
  • Tax Lot: 14
  • Tax Tract Number: 6697
  • TaxOtherAnnualAssessmentAmount: 782.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $4,982 $333,467 $220,269 $113,198
2024 $4,982 $326,929 $215,950 $110,979
2023 $4,874 $320,519 $211,716 $108,803
2022 $1,742 $76,783 $15,338 $61,445
2021 $1,705 $75,279 $15,038 $60,241
2020 $1,671 $74,508 $14,884 $59,624
2019 $1,650 $73,048 $14,593 $58,455
2018 $1,520 $71,616 $14,307 $57,309
2016 $1,456 $68,837 $13,752 $55,085
2015 $1,430 $67,804 $13,546 $54,258
2014 $1,431 $66,477 $13,281 $53,196
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2025 09/01/25 Pending -- -- --
08/11/2025 08/11/25 For Sale $888,000 +5.8% $580 / Sq Ft
07/30/2025 07/30/25 Off Market $839,390 -- --
06/20/2025 06/20/25 Price Changed $839,390 -2.0% $548 / Sq Ft
06/09/2025 06/09/25 For Sale $856,520 0.0% $559 / Sq Ft
05/28/2025 05/28/25 Off Market $856,520 -- --
03/20/2025 03/20/25 Price Changed $856,520 -2.0% $559 / Sq Ft
12/13/2024 12/13/24 Price Changed $874,000 -2.0% $570 / Sq Ft
10/18/2024 10/18/24 Price Changed $892,000 -2.1% $582 / Sq Ft
10/03/2024 10/03/24 Price Changed $911,000 -1.5% $595 / Sq Ft
07/17/2024 07/17/24 Price Changed $925,000 -2.6% $604 / Sq Ft
04/15/2024 04/15/24 For Sale $950,000 -- $620 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $270,500 New Title Company Name
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Gift Deed -- --
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR24070470

California Regional Multiple Listing Service (CRMLS)

APN: 8508-012-031