228 Oaks Ave Monrovia, CA 91016
Estimated payment $9,747/month
Highlights
- Open Floorplan
- Mountain View
- Spanish Architecture
- Mayflower Elementary School Rated A
- Wood Flooring
- Granite Countertops
About This Home
Don't miss seeing this classic Spanish style duplex, gracefully situated on the corner of two peaceful, tree lined streets in the highly desirable residential neighborhood of North Monrovia. Currently tenant occupied, this is a duplex you can live in should you wish to, making it an appealing option for multi generational living. Rich in architectural charm and thoughtful design, the property continues to offer flexibility, with the potential to be converted into a single family residence with minimal modification. The corner orientation provides excellent natural light, added privacy, and a true neighborhood presence. The Oaks Avenue unit is a refined one bedroom, one and one half bath residence designed for both comfortable living and entertaining. Restored white oak hardwood floors extend throughout the open floor plan, creating warmth and continuity. The spacious living room features an elegant coved ceiling and a custom built in media center. The dining room serves as a central gathering space, ideal for family meals or hosting guests. The kitchen is beautifully appointed with granite countertops, custom cabinetry, and modern appliances. This side of the property also includes a long gated driveway, a covered porch with old world architectural influence, and a private garage. Facing Acacia Avenue, the second residence offers a generous two bedroom, two bath layout with excellent separation of space. Dual entrances are positioned at either end of a covered porch with a distinctive turret, adding classic Spanish character. The open living area flows into the kitchen, which features granite countertops, abundant cabinetry, and ceramic tile flooring. White oak floors run throughout most of the home. Recent improvements include fresh interior paint, updated plumbing through repiping, newer kitchen appliances, a washer and dryer, a newer thermostat, and a newer water heater. A gated side yard provides access to a garage, laundry room, and a private covered patio. Both residences benefit from new electrical inside and out, central heating and air conditioning, crown molding, refined fixtures and lighting, and meticulously landscaped grounds. Located near Old Town Monrovia, the property enjoys close proximity to dining, shopping, the library, theater, and local markets, offering timeless Spanish character in one of Monrovia's most sought after neighborhoods. Come visit and see for yourself!
Listing Agent
Sotheby's International Realty License #01226787 Listed on: 02/12/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1925 | Remodeled
Lot Details
- 6,839 Sq Ft Lot
- 1 Common Wall
- Fenced
- Landscaped
- Level Lot
- Private Yard
- Lawn
- Front Yard
Parking
- 2 Car Garage
- Parking Available
Home Design
- Spanish Architecture
- Property Attached
- Entry on the 1st floor
Interior Spaces
- 2,076 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Built-In Features
- Recessed Lighting
- Living Room
- Mountain Views
- Basement
Kitchen
- Electric Oven
- Microwave
- Dishwasher
- Granite Countertops
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
- 4 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
Additional Features
- Suburban Location
- Central Heating and Cooling System
Community Details
- 2 Leased Units
- 2 Separate Electric Meters
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Insurance Expense $1,710
- Trash Expense $735
- Water Sewer Expense $1,118
- Operating Expense $5,272
- Gross Income $78,000
- Net Operating Income $72,728
Listing and Financial Details
- Tax Lot A
- Assessor Parcel Number 8519017001
Map
Home Values in the Area
Average Home Value in this Area
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 | $20,032 | $1,530,000 | $795,600 | $734,400 |
| 2024 | $20,032 | $1,500,000 | $780,000 | $720,000 |
| 2023 | $5,898 | $406,671 | $276,244 | $130,427 |
| 2022 | $5,732 | $398,698 | $270,828 | $127,870 |
| 2021 | $5,614 | $390,881 | $265,518 | $125,363 |
| 2020 | $5,452 | $386,874 | $262,796 | $124,078 |
| 2019 | $5,359 | $379,290 | $257,644 | $121,646 |
| 2018 | $5,189 | $371,854 | $252,593 | $119,261 |
| 2016 | $4,979 | $357,417 | $242,786 | $114,631 |
| 2015 | $4,873 | $352,050 | $239,140 | $112,910 |
| 2014 | $4,831 | $345,155 | $234,456 | $110,699 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/26/2026 03/26/26 | Price Changed | $1,500,000 | -6.3% | $723 / Sq Ft | |
| 02/12/2026 02/12/26 | For Sale | $1,600,000 | +6.7% | $771 / Sq Ft | |
| 12/14/2023 12/14/23 | Sold | $1,500,000 | +3.4% | $723 / Sq Ft | View Prior Sale |
| 11/17/2023 11/17/23 | Pending | -- | -- | -- | |
| 11/13/2023 11/13/23 | For Sale | $1,450,000 | -- | $698 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,500,000 | Equity Title | |
| Grant Deed | -- | Old Republic Title Company | |
| Interfamily Deed Transfer | -- | Old Republic Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- | |
| Gift Deed | -- | -- | |
| Gift Deed | -- | -- | |
| Individual Deed | $255,000 | Guardian Title Company |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,125,000 | New Conventional | |
| Previous Owner | $620,200 | New Conventional | |
| Previous Owner | $160,000 | No Value Available |
Source: Pasadena-Foothills Association of REALTORS®
MLS Number: P1-25841
APN: 8519-017-001
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Ask me questions while you tour the home.