$1,198,800
PENDING

527 W Olive Ave Monrovia, CA 91016

Estimated payment $6,706/month

Total Views 7,904
4 Beds
3 Baths
2,000 Sq Ft
$599 Price per Sq Ft

Highlights

  • No HOA
  • Living Room
  • Central Heating
  • Monrovia High School Rated A
  • Laundry Room
  • 1-minute walk to Lucinda Garcia Park

About This Home

Charming Monrovia triplex located just blocks from downtown! The front house is a classic 2-bedroom, 1-bath Craftsman-style home filled with vintage character, featuring a spacious living room with a fireplace, original built-ins, a large sunroom, and retro kitchen details. Behind the main home, you’ll find two additional units, each 1-bedroom, 1-bath, one upstairs and one downstairs, offering excellent rental income potential or multi-generational living. Situated on a quiet, tree-lined street directly across from a recently renovated park, this property includes off-street parking and a private driveway. Whether you're looking for an investment opportunity or a place to call home with rental income, this centrally located triplex is a rare find in the heart of Monrovia.

Listing Agent

Daniel Boyer

SOUTHLAND PROPERTIES Brokerage Phone: 626-484-0688 License #01355369 Listed on: 05/13/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,700

Year Built

  • Built in 1947

Lot Details

  • 7,462 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Home Design

  • Triplex

Interior Spaces

  • 2,000 Sq Ft Home
  • 2-Story Property
  • Living Room

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Location

  • Suburban Location

Utilities

  • Central Heating
  • Septic Type Unknown

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Tax Lot 20
  • Tax Tract Number 7721
  • Assessor Parcel Number 8506011022
  • $786 per year additional tax assessments

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,700

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Structure Type: Triplex
  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Zoning: MORM*
  • Property Sub Type: Triplex
  • Property Type: Residential
  • Parcel Number: 8506011022
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2000.00 Square Feet
  • Stories: 2
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 599.40
  • Room Type: Kitchen, Living Room

Exterior Features

  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Outside
  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Monrovia Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7462.00
  • Lot Size Acres: 0.1713

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7462.0000 Square Feet
  • Number Of Units Total: 3

Tax Info

  • Tax Census Tract: 4309.01
  • Tax Lot: 20
  • Tax Tract Number: 7721
  • TaxOtherAnnualAssessmentAmount: 786.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $1,700 $72,042 $25,685 $46,357
2024 $1,700 $70,631 $25,182 $45,449
2023 $1,670 $69,247 $24,689 $44,558
2022 $1,633 $67,890 $24,205 $43,685
2021 $1,599 $66,560 $23,731 $42,829
2020 $1,569 $65,878 $23,488 $42,390
2019 $1,550 $64,587 $23,028 $41,559
2018 $1,416 $63,322 $22,577 $40,745
2016 $1,356 $60,865 $21,701 $39,164
2015 $1,333 $59,952 $21,376 $38,576
2014 $1,335 $58,779 $20,958 $37,821
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2025 07/21/25 Pending -- -- --
05/13/2025 05/13/25 For Sale $1,198,800 -- $599 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- --
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV25103121

California Regional Multiple Listing Service (CRMLS)

APN: 8506-011-022