NOT LISTED FOR SALE

322 E Olive Ave Monrovia, CA 91016

Estimated Value: $1,625,307 - $1,721,000

8 Beds
4 Baths
5,016 Sq Ft
$334/Sq Ft Est. Value

Last Sold August 08, 2013

Last sale price $797,000 $159 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $10,014/month

66 Days on Market

Highlights

  • 0.34 Acre Lot
  • Craftsman Architecture
  • 4-minute walk to Julian Fisher Park
  • Clifton Middle School Rated A-
  • No HOA

About This Home

As of August 2013

LOCATED IN A VERY GREAT AREA OF MONROVIA. CLOSE TO DOWNTOWN MONROVIA. CLOSE TO SHOPPING EASY ACCESS TO FREEWAYS.THIS IS A FOURFLEX- 3 OF THE UNITS HAS 2 BEDROOMS & 1 BATH. THE MAIN HOUSE IS OWNER OCCUPIED. GREAT INVESTMENT. LIVE IN ONE AND RENT THE REST. THIS IS A SHORT SALE SUBJECT TO LENDER APPROVAL. SQ. FT. DEEMED RELIABLE BUT NOT VERIFIED. BUYER NEEDS TO DO THEIR OWN DUE DILIGENCE.

Last Agent to Sell the Property

Tess Marquez

Century 21 Masters License #01229490 Listed on: 02/21/2013

Century 21 Masters

Last Buyer's Agent

Tess Marquez

Century 21 Masters License #01229490 Listed on: 02/21/2013

Century 21 Masters

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • 0.34 Acre Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage

Home Design

  • 5,016 Sq Ft Home
  • Craftsman Architecture

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Utilities

  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 17
  • Tax Tract Number 4311
  • Assessor Parcel Number 8516030018

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • Gross Income $4,850
  • Net Operating Income $55,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Architectural Style: Craftsman
  • Property Type: Residential Income
  • Parcel Number: 8516030018
  • Year Built: 1890
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 158.89

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Water Available
  • Sewer: Unknown

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 14887.00
  • Lot Size Acres: 0.3420

Multi Family

  • Gross Income: 4850.00
  • Gross Scheduled Income: 58200.00
  • Lot Size Area: 14887.0000 Square Feet
  • Net Operating Income: 55200.00
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 3000.00
  • Rent Control: No
  • Total Actual Rent: 4850.00

Tax Info

  • Tax Lot: 17
  • Tax Tract Number: 4311

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 14, 2020
Sold by
Chen Handoko Widjaja and Widjaja Nurlinda
Bought by
Hwc Holdings Ii Llc
Current Estimated Value
$1,673,154

Purchase Details

Closed on
Nov 30, 2016
Sold by
Chen Handoko Widjaja and Widjaja Nurlinda
Bought by
Chen Handoko Widjaja and Widjaja Nurlinda

Purchase Details

Listed on
Feb 21, 2013
Closed on
Jun 20, 2013
Sold by
Bedolla Eduardo and Alvarez Bedolla Edith
Bought by
Chen Handoko Widjaja and Widjaja Nurlinda
Seller's Agent
Tess Marquez
Century 21 Masters
Buyer's Agent
Tess Marquez
Century 21 Masters
List Price
$968,600
Sold Price
$797,000
Premium/Discount to List
-$171,600
-17.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.15%
Original Mortgage
$570,000
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 16, 2002
Sold by
Alvarez Bedolla Edith and Alvarez Edith
Bought by
Bedolla Eduardo and Alvarez Bedolla Edith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.09%

Purchase Details

Closed on
Dec 15, 1999
Sold by
Family Trust Singh Harbinder And Marcela Trs
Bought by
Alvarez Edith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,774
Interest Rate
7.84%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Hwc Holdings Ii Llc -- Accommodation
Chen Handoko Widjaja -- None Available
Chen Handoko Widjaja $797,007 Orange Coast Title Co
Bedolla Eduardo -- First American Title Co
Alvarez Edith $239,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chen Handoko Widjaja $570,000
Previous Owner Bedolla Eduardo $360,000
Previous Owner Alvarez Edith $332,774
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/08/2013 08/08/13 Sold $797,000 -17.7% $159 / Sq Ft
04/28/2013 04/28/13 Pending -- -- --
02/21/2013 02/21/13 For Sale $968,600 -- $193 / 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
2025 $15,275 $977,003 $674,220 $302,783
2024 $15,275 $957,847 $661,000 $296,847
2023 $14,964 $939,067 $648,040 $291,027
2022 $14,217 $920,655 $635,334 $285,321
2021 $13,910 $902,604 $622,877 $279,727
2020 $12,647 $894,310 $616,491 $277,819
2019 $12,434 $876,794 $604,403 $272,391
2018 $12,076 $859,621 $592,552 $267,069
2016 $11,594 $825,321 $569,544 $255,777
2015 $11,349 $812,924 $560,989 $251,935
2014 -- $797,000 $550,000 $247,000
Source: Public Records

Agents Affiliated with this Home

  • Tess Marquez

    Seller's Agent in 2013

    Tess Marquez

    Century 21 Masters

    (626) 712-5156

    67 Total Sales

    Tess Marquez
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR13028092

California Regional Multiple Listing Service (CRMLS)

APN: 8516-030-018

California Los Angeles County Monrovia 91016

322 E Olive Ave, Monrovia, CA

Not Listed for Sale

MultiFamily

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