NOT LISTED FOR SALE

1858 8th Ave Monrovia, CA 91016

Estimated Value: $1,124,000 - $1,320,000

4 Beds
2 Baths
1,930 Sq Ft
$639/Sq Ft Est. Value

Last Sold September 23, 2021

Last sale price $960,000 $497 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $7,940/month

3 Days on Market

Highlights

  • Detached Guest House
  • Golf Course Community
  • Craftsman Architecture
  • Monrovia High School Rated A
  • Rooftop Deck
  • Wood Flooring

About This Home

As of September 2021

An incredible opportunity to own TWO single family homes in a quiet area of Monrovia! Both properties are on a single lot directly across the street from Arcadia where homes sell well into the millions! The front house features brand new interior paint, laminate wood floors, a newer bathroom, ample outdoor space, citrus trees, a walk-in closet, a walk-in pantry, a laundry room, and an inviting front porch. The back house facing El Norte features a newer roof, newer windows, attached garage, newer bathroom, and a maintained yard with a lemon tree. This is an amazing property with tremendous upside in rents as well as the ability to construct an Accessory Dwelling Unit for additional income. The opportunity here is significant for either a homeowner who wants to live in one house and rent out the other, or for an investor who has several options to add value to both properties. Front House (facing 8th): 1,024 square feet, and with 2 bedroom/1 bath. Previous tenant was paying $1,800 monthly. Second House (facing El Norte): Occupied, 906 square feet, and with 2 bedroom/1bath. Tenant pays $1,100 monthly.

Last Agent to Sell the Property

Evan Haug

Haus California License #01891733 Listed on: 08/12/2021

Last Buyer's Agent

Jay Li

Li & Associates Real Estate Service Inc. License #01891561

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,585

Year Built

  • Built in 1960

Lot Details

  • 8,554 Sq Ft Lot
  • Wood Fence
  • Rectangular Lot
  • Lawn
  • Density is 2-5 Units/Acre
  • Property is zoned MORL*

Parking

  • 1 Car Attached Garage
  • Parking Available
  • Driveway Level

Home Design

  • Craftsman Architecture
  • Shingle Roof

Interior Spaces

  • 1,930 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Wood Flooring

Kitchen

  • Walk-In Pantry
  • Gas Oven
  • Gas Range

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • 2 Full Bathrooms
  • <<tubWithShowerToken>>

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Rooftop Deck
  • Patio
  • Rear Porch

Additional Homes

  • Detached Guest House

Schools

  • Santa Fe Middle School
  • Monrovia High School

Utilities

  • Forced Air Heating System
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 81
  • Tax Tract Number 808
  • Assessor Parcel Number 5780019017
  • $738 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Foothills

Recreation

  • Golf Course Community
  • Park
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,585

Year Built

Built in 1960

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: No
  • Other Phone Description: Text or Call
  • Property Attached: No
  • Road Frontage Type: City Street
  • View: No
  • Zoning: MORL*
  • Architectural Style: Craftsman
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5780019017
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1930.00 Square Feet
  • Interior Amenities: Pantry, Unfurnished
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 497.41
  • Room Type: All Bedrooms Down, Family Room, Jack & Jill, Laundry, Walk-In Closet, Walk-In Pantry
  • Bathroom Features: Shower In Tub
  • Room Kitchen Features: Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Other Structures: Guest House Detached
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Porch, Rear Porch, Roof Top
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway Level, Garage
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range
  • Heating Type: Forced Air
  • Laundry Features: Electric Dryer Hookup, Individual Room, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Foothills, Golf, Hiking, Park

Schools

  • School District: Monrovia Unified
  • Middle School: Santa Fe
  • High School: Monrovia
  • High School: Monrovia
  • Middle Or Junior School: Santa Fe
  • High School2: MONROV

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Lawn, Rectangular Lot
  • Lot Size Sq Ft: 8554.00
  • Lot Size Acres: 0.1964

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8554.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Census Tract: 4309.02
  • Tax Lot: 81
  • Tax Tract Number: 808
  • TaxOtherAnnualAssessmentAmount: 738.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2021
Closed on
Sep 10, 2021
Sold by
Evanoff David W and Evanoff Mark E
Bought by
Kuoch Sovichea and Kuoch Sokleang
Seller's Agent
Evan Haug
Haus California
Buyer's Agent
Jay Li
Li & Associates Real Estate Service Inc.
List Price
$875,000
Sold Price
$960,000
Premium/Discount to List
$85,000
9.71%
Current Estimated Value
$1,232,770

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$272,770
Avg. Annual Appreciation
8.00%
Original Mortgage
$460,000
Outstanding Balance
$426,692
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$861,621

Purchase Details

Closed on
Oct 8, 2020
Sold by
Evanoff David W and Dagne Linda K
Bought by
Evanoff David W and Evanoff Mark E

Purchase Details

Closed on
Sep 7, 2012
Sold by
Evanoff Margaret C
Bought by
Evanoff Margaret C and The Margaret C Evanoff Revocab

Purchase Details

Closed on
Jul 1, 2002
Sold by
Evanoff Theodore and Evanoff Margaret C
Bought by
Evanoff Margaret C
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kuoch Sovichea $960,000 Wfg National Title Company
Evanoff David W -- None Available
Evanoff Margaret C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kuoch Sovichea $460,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2021 09/23/21 Sold $960,000 +9.7% $497 / Sq Ft
08/15/2021 08/15/21 Pending -- -- --
08/12/2021 08/12/21 For Sale $875,000 -- $453 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

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
2024 $13,585 $998,784 $697,068 $301,716
2023 $13,273 $979,200 $683,400 $295,800
2022 $12,887 $960,000 $670,000 $290,000
2021 $11,231 $830,000 $430,000 $400,000
2020 $1,325 $54,511 $33,151 $21,360
2019 $1,308 $53,443 $32,501 $20,942
2018 $1,226 $52,396 $31,864 $20,532
2016 $1,165 $50,364 $30,628 $19,736
2015 $1,144 $49,608 $30,168 $19,440
2014 $1,148 $48,638 $29,578 $19,060
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21178098

California Regional Multiple Listing Service (CRMLS)

APN: 5780-019-017