Seller's Agent in 2021
Kristopher German
RE/MAX
(909) 645-0443
128 Total Sales
227 N Mountain Ave Monrovia, CA 91016
Monrovia AreaEstimated Value: $2,441,000 - $2,512,134
16
Beds
16
Baths
10,824
Sq Ft
$229/Sq Ft
Est. Value
Highlights
- 0.56 Acre Lot
- Central Heating and Cooling System
- 10 Car Garage
- Clifton Middle School Rated A-
About This Home
As of March 2021We are pleased to exclusively offer for sale this RARE 8 Unit investment opportunity located in the city of Monrovia. Nestled in the far north-east corner of the city, minutes to city of Bradbury, this multi-family investment exhibits nothing less than a pride of ownership. With a unique unit mix of ALL 2 Bedroom / 1.75 Bathroom two-story townhouse style units, each with an average square footage of 1,353 SqFt, each unit offers an additional "bonus" room on the ground floor which could serve as a home office or a 3rd bedroom (offers a wardrobe closet.) Tenant amenities include; a private gated patio on the ground floor, a private balcony on the second floor, central A/C and heat, onsite laundry facility, and assigned onsite garage parking. Lot size equals over a 1/2 Acre and offers plush grounds, walkways, and landscaping. If you are looking for a unique investment, located in a top tier neighborhood, this is the one.
Last Agent to Sell the Property
RE/MAX 2000 REALTY License #01800021 Listed on: 09/04/2020
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1963
Lot Details
- 24,445 Sq Ft Lot
- 1 Common Wall
- Density is 6-10 Units/Acre
Parking
- 10 Car Garage
- 3 Open Parking Spaces
- Parking Available
Home Design
- Property Attached
Interior Spaces
- 10,824 Sq Ft Home
- 2-Story Property
- Laundry in unit
Bedrooms and Bathrooms
- 16 Bedrooms
- 16 Bathrooms
Additional Features
- Rain Gutters
- Central Heating and Cooling System
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot B
- Tax Tract Number 34
- Assessor Parcel Number 8518035034
Community Details
Overview
- 4 Buildings
- 8 Units
Amenities
- Laundry Facilities
Building Details
- 8 Leased Units
- Rent Control
- 8 Separate Electric Meters
- 8 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $726
- Fuel Expense $292
- Insurance Expense $4,330
- Maintenance Expense $4,000
- Other Expense $1,200
- Trash Expense $2,712
- Water Sewer Expense $4,544
- New Taxes Expense $36,282
- Operating Expense $54,381
- Gross Income $188,100
- Net Operating Income $128,076
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
Closed on
Sep 23, 2020
Sold by
Bought by
Current Estimated Value
Purchase Details
Closed on
Dec 30, 2019
Sold by
Bought by
Purchase Details
Closed on
Feb 28, 2007
Sold by
Bought by
Purchase Details
Closed on
Feb 13, 2001
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
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 Available | ||
| -- | None Available | ||
| -- | None Available | ||
| -- | None Available | ||
| -- | None Available | ||
| -- | New Century Title Company |
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 |
|---|---|---|---|---|
| 03/01/2021 03/01/21 | Sold | $2,040,000 | 0.0% | $188 / Sq Ft |
| 09/19/2020 09/19/20 | Pending | -- | -- | -- |
| 09/16/2020 09/16/20 | Off Market | $2,040,000 | -- | -- |
| 09/04/2020 09/04/20 | For Sale | $2,925,000 | -- | $270 / 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 |
|---|---|---|---|---|
| 2025 | $36,884 | $2,479,644 | $924,215 | $1,555,429 |
| 2024 | $35,945 | $2,431,025 | $906,094 | $1,524,931 |
| 2023 | $35,180 | $2,383,359 | $888,328 | $1,495,031 |
| 2022 | $34,219 | $2,336,627 | $870,910 | $1,465,717 |
| 2021 | $14,500 | $783,960 | $118,292 | $665,668 |
| 2020 | $14,165 | $775,923 | $117,080 | $658,843 |
| 2019 | $13,966 | $760,710 | $114,785 | $645,925 |
| 2018 | $13,529 | $745,795 | $112,535 | $633,260 |
| 2016 | $12,940 | $716,837 | $108,166 | $608,671 |
| 2015 | $12,709 | $706,071 | $106,542 | $599,529 |
| 2014 | -- | $692,241 | $104,455 | $587,786 |
Source: Public Records
Agents Affiliated with this Home
-
Kristopher German
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV20184246
APN: 8518-035-034
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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