Seller's Agent in 2023
Janet Chan
Advanta Properties, Inc
(626) 538-7423
10 in this area
40 Total Sales
1402 S Alta Vista Ave Monrovia, CA 91016
Estimated Value: $655,000 - $876,461
9
Beds
9
Baths
4,982
Sq Ft
8,742
Sq Ft Lot
Highlights
- No Units Above
- Laundry Room
- Central Air
- Monrovia High School Rated A
About This Home
As of June 2023This is an exclusive opportunity to acquire 1402-1408 S. Alta Vista Ave. Monrovia, 4 Units CONDOMINIUMS, currently all leased out as income property. All units have 3 bedrooms & 2.5 baths and was recently built in 2019. Each unit has its own private 2 car garage with gated access. The kitchens feature stainless steel dishwasher and range and modern style cabinets. Spacious living area and each unit either has its own private yard or private balcony space. Long term, stable and high quality tenants. Great location, convenient to freeways, major hospitals, restaurants, supermarkets and City parks. Low maintenance income property. Tenant pays for all utilities, including trash. The condos are subdivided and the sale comes with 4 APNs, which can be sold individually in the future.
Last Agent to Sell the Property
Advanta Properties, Inc License #01818618 Listed on: 05/31/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $10,539
Year Built
- Built in 2019
Lot Details
- No Units Above
- Two or More Common Walls
- 8508003072, 8508003073, 8508003074
Parking
- 8 Car Garage
Home Design
- Split Level Home
Interior Spaces
- 4,982 Sq Ft Home
- 3-Story Property
Bedrooms and Bathrooms
- 9 Bedrooms
- 9 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Utilities
- Central Air
- Sewer Paid
Listing and Financial Details
- Tenant pays for all utilities, trash collection
- Assessor Parcel Number 8508003071
Community Details
Overview
- 4 Units
Building Details
- 4 Leased Units
- 5 Separate Electric Meters
- 4 Separate Gas Meters
- 5 Separate Water Meters
- Electric Expense $91
- Gardener Expense $720
- Insurance Expense $2,199
- Maintenance Expense $530
- Other Expense $14,921
- Water Sewer Expense $894
- Operating Expense $19,355
- Gross Income $163,800
- Net Operating Income $144,445
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 31, 2023
Closed on
Jun 19, 2023
Sold by
Alta Gardens Llc
Bought by
Ktl Alta Vista Llc
Seller's Agent
Janet Chan
Advanta Properties, Inc
Buyer's Agent
Joycelynn Tan
Keller Williams Realty
List Price
$3,188,000
Sold Price
$3,088,000
Premium/Discount to List
-$100,000
-3.14%
Views
20
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,317,385
Avg. Annual Appreciation
-30.85%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ktl Alta Vista Llc | $3,088,000 | Fidelity National Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Alta Gardens Llc | $1,200,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/26/2023 06/26/23 | Sold | $3,088,000 | -3.1% | $620 / Sq Ft |
| 06/14/2023 06/14/23 | Pending | -- | -- | -- |
| 05/31/2023 05/31/23 | For Sale | $3,188,000 | 0.0% | $640 / Sq Ft |
| 10/22/2021 10/22/21 | Rented | $3,200 | 0.0% | -- |
| 10/15/2021 10/15/21 | For Rent | $3,200 | +12.3% | -- |
| 10/01/2020 10/01/20 | Rented | $2,850 | 0.0% | -- |
| 09/03/2020 09/03/20 | For Rent | $2,850 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $10,539 | $803,188 | $208,080 | $595,108 |
| 2024 | $10,539 | $787,440 | $204,000 | $583,440 |
| 2023 | $3,865 | $268,406 | $153,382 | $115,024 |
| 2022 | $3,756 | $263,144 | $150,375 | $112,769 |
| 2021 | $3,664 | $257,985 | $147,427 | $110,558 |
Source: Public Records
Agents Affiliated with this Home
-
Janet Chan
-
Joycelynn Tan
Buyer's Agent in 2023
Joycelynn Tan
Keller Williams Realty
(818) 585-4762
2 in this area
26 Total Sales
-
Waymon Hobdy
Buyer's Agent in 2021
Waymon Hobdy
Beverly & Company, Inc.
(626) 644-4802
17 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: AR23095521
APN: 8508-003-071
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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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