Elizabeth Lau
Pinnacle Real Estate Group
(626) 507-9738
14 Total Sales
1 in Monrovia
$1,070,000 Price
227 E Olive Ave Monrovia, CA 91016
Monrovia AreaEstimated Value: $1,143,000 - $1,307,000
6
Beds
3
Baths
2,409
Sq Ft
$510/Sq Ft
Est. Value
Highlights
- No Units Above
- All Bedrooms Downstairs
- No HOA
- Mayflower Elementary School Rated A
- Open Floorplan
- Living Room
About This Home
As of April 2023Amazing opportunity for an investor or owner. You can live in one and rent the other two. This property features three units. Each unit is a 2 bedroom and one bathroom with inside laundry area. Each unit has its own outdoor patio. Great location! Walking distance to downtown Monrovia, shopping center and restaurants. Please do not disturb tenants or walk on property.
Last Agent to Sell the Property
Klovus Realty License #02180948 Listed on: 02/10/2023
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
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1963
Lot Details
- 7,940 Sq Ft Lot
- No Units Above
- 1 Common Wall
- Front Yard
Parking
- 2 Car Garage
- Carport
- Parking Available
Home Design
- Triplex
- Shingle Roof
Interior Spaces
- 2,409 Sq Ft Home
- Open Floorplan
- Living Room
- Laminate Flooring
Bedrooms and Bathrooms
- 6 Bedrooms
- All Bedrooms Down
- 3 Bathrooms
Laundry
- Laundry Room
- Laundry in Kitchen
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
Listing and Financial Details
- Tenant pays for electricity, gas
- Legal Lot and Block 19 / Q
- Tax Tract Number 431001
- Assessor Parcel Number 8516028023
- $1,073 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 3 Units
Amenities
- Laundry Facilities
Building Details
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,200
- Operating Expense $1,200
- Gross Income $51,600
- Net Operating Income $49,300
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 10, 2023
Closed on
Mar 18, 2023
Sold by
Vargas-Portillo 2006 Family Trust
Bought by
Seller's Agent
Juliana Canela
Klovus Realty
Buyer's Agent
Peng-Hsiang Weng
Weng Realty
List Price
$1,250,000
Sold Price
$1,150,000
Premium/Discount to List
-$100,000
-8%
Views
146
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
$39,435
Avg. Annual Appreciation
1.97%
Purchase Details
Closed on
Dec 15, 2015
Sold by
Portillo Flor and Vargas Portillo 2006 Family Tr
Bought by
Vargas Rommel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.83%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 5, 2006
Sold by
Vargas Rommel
Bought by
Portillo Flor and The Vargas Portillo 2006 Famil
Purchase Details
Closed on
Jul 1, 2002
Sold by
Portillo Flor
Bought by
Vargas Rommel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.12%
Mortgage Type
Stand Alone First
Purchase Details
Closed on
Mar 21, 2001
Sold by
Vostenak John V and Slovakova Hana
Bought by
Trlica Jerry
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,070
Interest Rate
7.09%
Mortgage Type
FHA
Purchase Details
Closed on
Aug 23, 1999
Sold by
Gonzalez Olga
Bought by
Vostenak John V and Slovakova Hana
Purchase Details
Closed on
Aug 1, 1997
Sold by
Share David L Tr Share Trust
Bought by
Gonzalez Olga
Purchase Details
Closed on
Apr 6, 1994
Sold by
Share David L
Bought by
Share David L
Purchase Details
Closed on
Nov 17, 1988
Sold by
Norris Richard and Norris Jan
Bought by
Share David L
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Monrovia, CA
-
Elizabeth Lau
-
Eli Strickland
Eli Strickland
Responds QuicklyRE/MAX INNOVATIONS
(833) 400-8714
137 Total Sales
8 in Monrovia
$590K - $992K Price Range
-
Jennifer Gao
Jennifer Gao
Real Brokerage Technologies
(626) 726-3384
63 Total Sales
1 in Monrovia
$991,800 Price
-
Khanh Oberley
Khanh Oberley
Douglas Elliman of CA, Inc.
(424) 407-8581
43 Total Sales
1 in Monrovia
$1,275,000 Price
-
Kenneth Tananan
Kenneth Tananan
Re/Max Top Producers
(909) 450-8850
12 Total Sales
1 in Monrovia
$965,000 Price
-
Andrew Loeffler
Andrew Loeffler
Re/Max Premier Properties
(951) 432-5235
40 Total Sales
4 in Monrovia
$680K - $872K Price Range
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 |
|---|---|---|---|
| $1,150,000 | Usa National Title | ||
| Vargas Rommel | -- | Fidelity National Title | |
| Vargas Rommel | -- | Fidelity National Title | |
| Portillo Flor | -- | Provident Title Company | |
| Portillo Flor | -- | None Available | |
| Vargas Rommel | -- | Ticor Title | |
| Trlica Jerry | $193,000 | Commonwealth Land Title Co | |
| Portillo Flor | $275,000 | Commonwealth Land Title Co | |
| Vostenak John V | -- | Orange Coast Title | |
| Gonzalez Olga | $193,000 | Chicago Title Co | |
| Share David L | -- | -- | |
| Share David L | -- | -- |
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 | $720,000 | ||
| Previous Owner | Vargas-Portillo 2006 Family Tr | $50,000 | |
| Previous Owner | Vargas-Portillo 2006 Family Tr | $650,000 | |
| Previous Owner | Portillo Flor | $150,000 | |
| Previous Owner | Portillo Flor | $450,000 | |
| Previous Owner | Portillo Flor | $275,000 | |
| Previous Owner | Vargas Rommel | $100,000 | |
| Previous Owner | Portillo Flor | $300,000 | |
| Previous Owner | Vargas Rommel | -- | |
| Previous Owner | Vargas Rommel | $280,000 | |
| Previous Owner | Portillo Flor | $271,070 |
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 |
|---|---|---|---|---|
| 04/18/2023 04/18/23 | Sold | $1,150,000 | -3.3% | $477 / Sq Ft |
| 02/25/2023 02/25/23 | Price Changed | $1,189,000 | -4.9% | $494 / Sq Ft |
| 02/10/2023 02/10/23 | For Sale | $1,250,000 | -- | $519 / 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 | $16,513 | $1,220,389 | $689,785 | $530,604 |
| 2025 | $16,513 | $1,196,460 | $676,260 | $520,200 |
| 2024 | $16,135 | $1,173,000 | $663,000 | $510,000 |
| 2023 | $6,775 | $445,521 | $275,269 | $170,252 |
| 2022 | $6,589 | $436,786 | $269,872 | $166,914 |
| 2021 | $6,456 | $428,223 | $264,581 | $163,642 |
| 2020 | $6,277 | $423,834 | $261,869 | $161,965 |
| 2019 | $6,173 | $415,525 | $256,735 | $158,790 |
| 2018 | $6,005 | $407,378 | $251,701 | $155,677 |
| 2017 | $5,896 | $399,391 | $246,766 | $152,625 |
| 2016 | $5,770 | $391,561 | $241,928 | $149,633 |
| 2015 | $5,650 | $385,681 | $238,295 | $147,386 |
| 2014 | $5,608 | $378,127 | $233,628 | $144,499 |
Source: Public Records
Agents Affiliated with this Home
-
Juliana Canela
Seller's Agent in 2023
Juliana Canela
Klovus Realty
(626) 421-7628
28 Total Sales
-
Peng-Hsiang Weng
Buyer's Agent in 2023
Peng-Hsiang Weng
Weng Realty
(626) 224-7778
28 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PF23023820
APN: 8516-028-023
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
Nearby Homes
- 616 S Canyon Blvd
- 808 S California Ave
- 402 Almond Ave
- 703 S Primrose Ave
- 612 E Colorado Blvd
- 1213 S California Ave
- 327 W Lemon Ave
- 127 W Cherry Ave
- 134 Grand Ave
- 137 N Myrtle Ave
- 267 Linwood Ave Unit E
- 142 Stedman Place
- 163 May Ave
- 163 May Ave
- 148 W Cherry Ave
- 206 E Fig Ave
- 821 Oakdale Ave
- 430 W Walnut Ave
- 123 W Central Ave
- 223 Montana St
- 231 E Olive Ave
- 221 E Olive Ave
- 237 E Olive Ave
- 229 E Olive Ave
- 217 E Olive Ave
- 239 E Olive Ave
- 228 E Colorado Blvd
- 211 E Olive Ave
- 232 E Colorado Blvd
- 224 E Colorado Blvd
- 243 E Olive Ave
- 236 E Colorado Blvd
- 232 1/2 E Colorado Blvd
- 228 E Olive Ave
- 222 E Olive Ave Unit A
- 222 E Olive Ave Unit B
- 222 E Olive Ave
- 238 E Colorado Blvd
- 216 E Colorado Blvd
- 207 E Olive Ave
Your Personal Tour Guide
Ask me questions while you tour the home.