E
Seller's Agent in 2021
Edwin Mariscal
Edwin Mariscal, Broker
(562) 822-3891
2 in this area
8 Total Sales
323 E Lime Ave Monrovia, CA 91016
Estimated Value: $1,432,000 - $1,623,000
20
Beds
12
Baths
8,700
Sq Ft
$176/Sq Ft
Est. Value
Highlights
- 0.82 Acre Lot
- Laundry Room
- 1-minute walk to Rotary Park
- Clifton Middle School Rated A-
- Central Heating
About This Home
As of May 2021We are pleased to exclusively present this investment portfolio property in the historical city of Monrovia. A total of three parcels of prime land within a well established and mature community. A 10 unit portfolio offering with over 20% upside rent potential. All 2 bed units some featuring private garden and/or patios and separate 2 car garage. Nine separate buildings the newest built in 1990, all units are individually metered for gas and electricity.
Monrovia is located 20 miles northeast of Los Angeles at the base of the San Gabriel Mountains,
Monrovia is part of the San Gabriel Valley, just eight miles east of the city of Pasadena between the cities of Sierra Madre and Bradbury.
This growing city of nearly 40,000 residents distinguishes itself from other communities with its dynamic small-town charm and collection of high-tech industry. A world of amenities is available here: everything from world-class cultural facilities to glorious recreational outlets to top-rated education and healthcare is available right at residents fingertips.
Monrovia is ideally positioned to continue its trend for controlled growth. The City’s vibrant economy fosters enhanced job creation while a commitment to revitalization and development ensures that Monrovia maintains its attractive neighborhoods.
Last Agent to Sell the Property
Edwin Mariscal, Broker License #01119480 Listed on: 03/08/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $20,058
Year Built
- Built in 1959
Lot Details
- 0.82 Acre Lot
- No Common Walls
- Density is 6-10 Units/Acre
- 8516010007.8516010006
Parking
- 16 Open Parking Spaces
- 16 Car Garage
- Parking Available
- Assigned Parking
Home Design
- 8,700 Sq Ft Home
Bedrooms and Bathrooms
- 20 Bedrooms
- 12 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
- Gas Dryer Hookup
Additional Features
- Suburban Location
- Central Heating
Listing and Financial Details
- Tenant pays for electricity, gas, parking fee
- Tax Lot 8
- Tax Tract Number 4310
- Assessor Parcel Number 8516010008
Community Details
Overview
- 9 Buildings
- 10 Units
Building Details
- 10 Separate Electric Meters
- 10 Separate Gas Meters
- 3 Separate Water Meters
- Insurance Expense $3,200
- Trash Expense $3,820
- Water Sewer Expense $4,831
- New Taxes Expense $42,000
- Operating Expense $55,668
- Gross Income $181,592
- Net Operating Income $125,924
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 8, 2021
Closed on
May 6, 2021
Sold by
Bouza Carlos A and Bouza Leonor
Bought by
Huang Yue Ren Jamison
Seller's Agent
Edwin Mariscal
Edwin Mariscal, Broker
Buyer's Agent
Edwin Mariscal
Edwin Mariscal, Broker
List Price
$3,500,000
Sold Price
$3,400,000
Premium/Discount to List
-$100,000
-2.86%
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
-$1,882,500
Avg. Annual Appreciation
-17.27%
Original Mortgage
$1,535,000
Outstanding Balance
$1,396,993
Interest Rate
3.1%
Mortgage Type
Commercial
Estimated Equity
$130,507
Purchase Details
Closed on
Apr 18, 2006
Sold by
Bouza Carlos A
Bought by
Bouza Carlos A and Bouza Leonor
Purchase Details
Closed on
Sep 1, 2004
Sold by
Bouza Carlos A
Bought by
Bouza Carlos A and Bouza Leonor
Purchase Details
Closed on
Jun 26, 1997
Sold by
Peck Family Enterprises Inc
Bought by
Bouza Carlos and Bechstedt Emily
Purchase Details
Closed on
Apr 24, 1997
Sold by
Bouza Leonor
Bought by
Bouza Carlos
Purchase Details
Closed on
Apr 8, 1997
Sold by
Peck Family Enterprises Inc
Bought by
Bouta Carlos and Bechstedt Emily
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Huang Yue Ren Jamison | $3,400,000 | Lawyers Title Company | |
| Bouza Carlos A | -- | None Available | |
| Bouza Carlos A | -- | -- | |
| Bouza Carlos | -- | Title Land Company | |
| Bouza Carlos | -- | Title Land Company | |
| Bouza Carlos | -- | Title Land Company | |
| Bouta Carlos | -- | Title Land Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Huang Yue Ren Jamison | $1,535,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/19/2021 05/19/21 | Sold | $3,400,000 | -2.9% | $391 / Sq Ft |
| 03/08/2021 03/08/21 | For Sale | $3,500,000 | -- | $402 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $20,058 | $1,472,106 | $736,053 | $736,053 |
| 2024 | $20,058 | $1,443,242 | $721,621 | $721,621 |
| 2023 | $19,606 | $1,414,944 | $707,472 | $707,472 |
| 2022 | $19,045 | $1,387,200 | $693,600 | $693,600 |
| 2021 | $7,637 | $486,620 | $321,902 | $164,718 |
| 2020 | $7,433 | $481,632 | $318,602 | $163,030 |
| 2019 | $7,314 | $472,189 | $312,355 | $159,834 |
| 2018 | $7,029 | $462,931 | $306,231 | $156,700 |
| 2016 | $6,752 | $444,957 | $294,341 | $150,616 |
| 2015 | $6,614 | $438,274 | $289,920 | $148,354 |
| 2014 | $6,571 | $429,689 | $284,241 | $145,448 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW21048769
APN: 8516-010-006
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
- 114 S Canyon Blvd
- 307 E Walnut Ave Unit D
- 425 E Walnut Ave
- 505 Falling Leaf Alley
- 613 E Walnut Ave
- 617 E Walnut Ave
- 619 E Walnut Ave
- 422 Almond Ave
- 825 E Palm Ave
- 814 E Foothill Blvd
- 259 Norumbega Dr
- 277 Aspen Dr
- 162 Acacia Ave
- 1017 Oakleaf Ave
- 11 Deodar Ln
- 328 N Encinitas Ave
- 1020 S Mountain Ave Unit 15
- 261 E Fig Ave
- 365 N Ivy Ave
- 347 Stedman Place
- 327 E Lime Ave
- 319 E Lime Ave
- 315 E Lime Ave
- 323 S California Ave
- 327 S California Ave
- 321 S California Ave
- 309 E Lime Ave
- 320 E Lime Ave
- 317 S California Ave
- 305 E Lime Ave
- 322 S Canyon Blvd
- 318 S Canyon Blvd
- 310 E Lime Ave
- 315 S California Ave
- 326 S California Ave
- 330 S California Ave
- 301 E Lime Ave
- 314 S Canyon Blvd
- 324 E Palm Ave
- 406 S Canyon Blvd