RENTED JUL 10, 2026

505 E Olive Ave Monrovia, CA 91016

Monrovia Area

Estimated Value: $802,000 - $1,040,000

2 Beds
1 Bath
655 Sq Ft
$1,428/Sq Ft Est. Value

Highlights

  • No Units Above
  • Front Porch
  • Views
  • Clifton Middle School Rated A-
  • Walk-In Closet
  • 4-minute walk to Recreation Park

About This Home

As of July 2026

Charming 1910 California Bungalow Duplex in Prime Monrovia Location.This tenant-ready duplex unit exudes charm, character, and comfort. A beautifully landscaped front yard and inviting porch set the tone for this welcoming home.An expansive living and dining area features gleaming hardwood floors, built-in cabinetry, and abundant natural light that creates a bright, airy atmosphere. The spacious layout offers versatility for both relaxing and entertaining.The home features two well-sized bedrooms with ceiling fans and generous closet space. The front bedroom includes a walk-in closet, while the second bedroom offers serene views of the lush backyard and the San Gabriel Mountains. A full bathroom with a vanity, sink, shower, and tub adds to the home's comfort and convenience.The well-appointed kitchen includes a gas-powered range oven, built-in cabinetry for ample storage, and space for a cozy breakfast nook. Privacy blinds are installed throughout the home, providing customizable light control.Additional amenities include a dedicated laundry room, a garage, and a carport for added parking convenience. The large rear yard, surrounded by mature greenery, offers a peaceful outdoor retreat.Ideally located in North Monrovia, blocks from Old Town, this charming upgraded duplex unit offers easy access to local shops, restaurants, parks, and community amenities. A rare opportunity to enjoy both tranquility and urban convenience in one of Monrovia's most desirable neighborhoods.

Last Agent to Rent the Property

Francis Recalde

Coldwell Banker Realty Brokerage Email: fdrrealty@gmail.com License #01280897 Listed on: 06/09/2026

Coldwell Banker Realty

Last Renter's Agent

Francis Recalde

Coldwell Banker Realty Brokerage Email: fdrrealty@gmail.com License #01280897 Listed on: 06/09/2026

Coldwell Banker Realty

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 7,950 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • Wood Fence
  • Chain Link Fence
  • Landscaped
  • Sprinkler System

Parking

  • 1 Car Garage
  • 1 Attached Carport Space
  • Parking Available
  • Single Garage Door

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 655 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Property Views

Kitchen

  • Gas Oven
  • Gas Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Patio
  • Exterior Lighting
  • Front Porch

Location

  • Urban Location

Utilities

  • Floor Furnace
  • Vented Exhaust Fan
  • Gas Water Heater

Listing and Financial Details

  • Security Deposit $2,550
  • Rent includes gardener, sewer
  • 12-Month Minimum Lease Term
  • Available 6/1/25
  • Tax Lot 21
  • Tax Tract Number 4310
  • Assessor Parcel Number 8517011022
  • Seller Considering Concessions

Community Details

Amenities

  • Laundry Facilities

Recreation

  • Park

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

7,950 Sq Ft Lot

Parking

1

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2025-06-01
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 2550
  • Furnished: Unfurnished
  • Total Move In Costs: 5100.00
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: Duplex
  • Assessments: No
  • Inclusions: The stove. Refrigerator will be provided unless the tenant wants to use their own.
  • Property Attached: Yes
  • Subdivision Name Other: Not Applicable
  • View: Yes
  • Property Sub Type: Duplex
  • Property Type: Residential Lease
  • Parcel Number: 8517011022
  • Year Built: 1910
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 655.00 Square Feet
  • Stories: 1
  • Common Walls: 1 Common Wall, No One Below, No One Above
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 3.89
  • Room Type: Walk-In Closet, Laundry, Kitchen, Living Room

Exterior Features

  • Patio: Yes
  • Fence: Yes
  • Fencing: Chain Link, Wood
  • Patio And Porch Features: Front Porch
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1.00
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Garage, Covered, Garage - Single Door, Attached Carport
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Refrigerator, Gas Water Heater, Vented Exhaust Fan, Gas Range, Gas Oven
  • Heating Type: Floor Furnace
  • Laundry Features: Gas Dryer Hookup, Individual Room, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Street Lights, Urban, Sidewalks, Park

Lot Info

  • Lot Features: Landscaped
  • Lot Size Sq Ft: 7950.00
  • Lot Size Acres: 0.1825

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 7950.0000 Square Feet
  • Rent Includes: Gardener, Sewer

Tax Info

  • Tax Lot: 21
  • Tax Tract Number: 4310.04

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 16, 2004
Sold by
Bought by
Current Estimated Value
$935,303

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 28, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 23, 2004
Sold by
Bought by

Purchase Details

Closed on
Mar 10, 2004
Sold by
Bought by

Purchase Details

Closed on
Nov 26, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,500
Interest Rate
8.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 17, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,950
Interest Rate
7%
Mortgage Type
Unknown
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Monrovia, CA

  • Mulyani Ang Real Estate Agent - The One Luxury Properties

    Mulyani Ang

    The One Luxury Properties

    (626) 382-2840

    32 Total Sales

    3 in Monrovia

    $1.2M - $1.4M Price Range

    Mulyani Ang
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  • Frank Parra Real Estate Agent - Century 21 Masters

    Frank Parra

    Responds Quickly

    Century 21 Masters

    (626) 593-8491

    47 Total Sales

    1 in Monrovia

    $850,000 Price

    Frank Parra
     Section Image
  • Michelle Schwartz Real Estate Agent - The Agency

    Michelle Schwartz

    The Agency

    (424) 370-0581

    93 Total Sales

    1 in Monrovia

    $1,264,250 Price

    Michelle Schwartz
     Section Image
  • Patricia Ramirez Real Estate Agent - Century 21 Allstars

    Patricia Ramirez

    Century 21 Allstars

    (562) 526-0839

    55 Total Sales

    1 in Monrovia

    $670,000 Price

    Patricia Ramirez
     Section Image
  • Silvestre Medel Real Estate Agent - Excellence RE Real Estate, Inc.

    Silvestre Medel

    Excellence RE Real Estate, Inc.

    (858) 256-8987

    57 Total Sales

    1 in Monrovia

    $950,000 Price

    Silvestre Medel
     Section Image
  • Mark Yusupov Real Estate Agent - Keller Williams Beverly Hills

    Mark Yusupov

    Responds Quickly

    Keller Williams Beverly Hills

    (562) 222-5835

    27 Total Sales

    1 in Monrovia

    $761,000 Price

    Mark Yusupov
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$400,000 --
-- --
-- --
-- --
$170,000 Stewart Title
-- First Southwestern Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $496,000
Closed $177,500
Closed $320,000
Previous Owner $161,500
Previous Owner $5,950
Previous Owner $48,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/10/2026 07/10/26 Rented $2,550 0.0% --
07/08/2026 07/08/26 Under Contract -- -- --
06/09/2026 06/09/26 For Rent $2,550 0.0% --
06/05/2025 06/05/25 Rented $2,550 0.0% --
05/26/2025 05/26/25 For Rent $2,550 -- --
Source: Pasadena-Foothills Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $7,930 $557,551 $404,230 $153,321
2024 $7,753 $546,619 $396,304 $150,315
2023 $7,579 $535,902 $388,534 $147,368
2022 $7,363 $525,395 $380,916 $144,479
2021 $7,220 $515,095 $373,448 $141,647
2019 $6,886 $499,819 $362,372 $137,447
2018 $6,703 $490,019 $355,267 $134,752
2016 $6,451 $470,992 $341,472 $129,520
2015 $6,312 $463,918 $336,343 $127,575
2014 $6,254 $454,831 $329,755 $125,076
Source: Public Records

Agents Affiliated with this Home

  • Francis Recalde Real Estate Agent - Coldwell Banker Realty

    Landlord's Agent in 2026

    Francis Recalde

    Coldwell Banker Realty

    (626) 765-5307

    13 Total Sales

    Francis Recalde
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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-27531

Pasadena-Foothills Association of REALTORS®

APN: 8517-011-022

California Los Angeles County Monrovia 91016

505 E Olive Ave, Monrovia, CA

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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