NOT LISTED FOR SALE

236 E Olive Ave Monrovia, CA 91016

12 Beds
10 Baths
-- Sq Ft
0.37 Acres

Last Sold June 28, 2016

Last sale price $2,400,000

Highlights

  • 0.37 Acre Lot
  • Traditional Architecture
  • Detached Carport Space
  • Mayflower Elementary School Rated A
  • Laundry Room
  • Carpet

About This Home

As of June 2016

Rare opportunity to own a 12 unit building in Monrovia walking distance to Old Town. Well maintained. Upside rental income potential.

Last Agent to Sell the Property

Robert Gayl

Sun Realtors License #00900828 Listed on: 05/04/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 0.37 Acre Lot
  • Property fronts an alley
  • No Common Walls

Home Design

  • Traditional Architecture
  • Stucco

Flooring

  • Carpet

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 10 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Parking

  • Detached Carport Space
  • Parking Available

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 8516031028

Community Details

Overview

  • 12 Units

Building Details

  • 12 Leased Units
  • 13 Separate Electric Meters
  • 13 Separate Gas Meters
  • 1 Separate Water Meter
  • Fuel Expense $3,280
  • Maintenance Expense $20,850
  • Trash Expense $3,503
  • Gross Income $138,753

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Attached: No
  • Road Frontage Type: Alley
  • Subdivision Name Other: Not Applicable - 1007242
  • Zoning: MORM*
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 8516031028
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Levels: Two

Exterior Features

  • Construction Materials: Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Detached Carport

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Trash Expense: 3503.00

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 16232.00
  • Lot Size Acres: 0.3700

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 572 Square Feet
  • Average2 Bed Area: 770 Square Feet
  • Fuel Expense: 3280.00
  • Gross Income: 138753.00
  • Laundry Equipment Own Lease: Lease
  • Laundry Income: 4953.00
  • Lot Size Area: 16232.0000 Square Feet
  • Maintenance Expense: 20850.00
  • Number Of Separate Electric Meters: 13
  • Number Of Separate Gas Meters: 13
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 12
  • Number Of Units Total: 12
  • Operating Expense: 82517.00
  • Operating Expense Percent: 59.00

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2016 06/28/16 Sold $2,400,000 0.0% --
05/13/2016 05/13/16 Pending -- -- --
05/04/2016 05/04/16 For Sale $2,400,000 -- --
Source: Pasadena-Foothills Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2016

    Robert Gayl

    Sun Realtors

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-316004093

Pasadena-Foothills Association of REALTORS®
California Los Angeles County Monrovia 91016

236 E Olive Ave, Monrovia, CA

This home is located at 236 E Olive Ave, Monrovia, CA 91016 since 04 May 2016. This property was built in 1958. 236 E Olive Ave is a home located in Los Angeles County with nearby schools including Mayflower Elementary School, Clifton Middle School, and Monrovia High School.

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.

Pasadena-Foothills Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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