NOT LISTED FOR SALE

439 W Colorado Blvd Monrovia, CA 91016

Estimated Value: $963,000 - $1,203,000

4 Beds
2 Baths
1,500 Sq Ft
$735/Sq Ft Est. Value

Last Sold June 15, 2021

Last sale price $864,000 $576 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $6,834/month

28 Days on Market

Highlights

  • Lawn
  • No HOA
  • Laundry Room
  • Monrovia High School Rated A
  • Cooling System Mounted To A Wall/Window
  • 4-minute walk to Lucinda Garcia Park

About This Home

As of June 2021

Amazing duplex in a great neighborhood of Monrovia. This is a 1500 square foot, duplex. Both units consists of approx. 750 square feet and each features 2 bedrooms, 1 bath, living room and kitchen. There's a 2-car shared garage. Beautiful front and back yard. Both units have washer and dryer hook-ups. Units are separately metered for gas and electric. Each unit pays all the utilities. Both units are occupied. Great location and conveniently located near Monrovia High School, shopping center and freeway transportation.

Last Agent to Sell the Property

Exie Leagons

KAM REAL ESTATE License #01759498 Listed on: 03/25/2021

Last Buyer's Agent

Vincent Yeung

BROADWAY REALTY, INC. License #01769992

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,786

Year Built

  • Built in 1945

Lot Details

  • 8,024 Sq Ft Lot
  • 1 Common Wall
  • Sprinkler System
  • Lawn
  • Back Yard

Parking

  • 2 Car Garage
  • Detached Carport Space
  • Parking Available

Home Design

  • Property Attached

Interior Spaces

  • 1,500 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 22
  • Assessor Parcel Number 8505006026

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $946
  • Trash Expense $400
  • Water Sewer Expense $465
  • New Taxes Expense $5,097
  • Operating Expense $6,908
  • Gross Income $42,000
  • Net Operating Income $47,092

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,786

Year Built

Built in 1945

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 465.00
  • Zoning: MORM*
  • Property Type: Residential Income
  • Parcel Number: 8505006026
  • Year Built: 1945
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 576.00

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Detached Carport
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 400.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Lawn, Sprinkler System
  • Lot Size Sq Ft: 8024.00
  • Lot Size Acres: 0.1842

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 42000.00
  • Gross Scheduled Income: 54000.00
  • Insurance Expense: 946.00
  • Lot Size Area: 8024.0000 Square Feet
  • Net Operating Income: 47092.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Dishwasher: 1
  • Operating Expense: 6908.00
  • Rent Control: No
  • Total Expenses: 6908.00

Tax Info

  • New Taxes Expense: 5097.00
  • Tax Census Tract: 4310.01
  • Tax Lot: 22
  • Tax Tract Number: Renakr

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 30, 2002
Sold by
Byrne Keith M
Bought by
Byrne James E and Byrne Elizabeth M
Current Estimated Value
$1,101,917

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,600
Outstanding Balance
$104,461
Interest Rate
7.75%
Estimated Equity
$997,456

Purchase Details

Closed on
Aug 13, 2002
Sold by
Byrne James E
Bought by
Alarcon Velma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,600
Outstanding Balance
$104,461
Interest Rate
7.75%
Estimated Equity
$997,456

Purchase Details

Closed on
Apr 29, 1999
Sold by
Byrne Elizabeth M
Bought by
Byrne James E and Byrne Elizabeth M
Source: Public Records

Range of Values:

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Average Value
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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
Byrne James E -- American Title Co
Alarcon Velma $287,000 American Title Co
Byrne James E -- --
Byrne James E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alarcon Velma $229,600
Closed Alarcon Velma $57,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2021 06/15/21 Sold $864,000 0.0% $576 / Sq Ft
04/22/2021 04/22/21 Pending -- -- --
04/21/2021 04/21/21 For Sale $864,000 0.0% $576 / Sq Ft
04/20/2021 04/20/21 Off Market $864,000 -- --
03/25/2021 03/25/21 For Sale $864,000 -- $576 / 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 $12,786 $935,218 $502,246 $432,972
2024 $12,488 $916,882 $492,399 $424,483
2023 $12,201 $898,905 $482,745 $416,160
2022 $11,847 $881,280 $473,280 $408,000
2021 $5,551 $383,999 $173,936 $210,063
2020 $9,271 $380,063 $172,153 $207,910
2019 $9,180 $372,612 $168,778 $203,834
2018 $9,028 $365,307 $165,469 $199,838
2016 $4,950 $351,124 $159,045 $192,079
2015 $4,845 $345,850 $156,656 $189,194
2014 $4,805 $339,076 $153,588 $185,488
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PF21062108

California Regional Multiple Listing Service (CRMLS)

APN: 8505-006-026