NOT LISTED FOR SALE

630 W Olive Ave Monrovia, CA 91016

15 Beds
15 Baths
8,174 Sq Ft
0.54 Acre Lot

Sale Details

Date Sold: January 14, 2020

Last sale price $2,900,000 $355 Per Sq Ft

68 Days on Market

Highlights

  • 0.54 Acre Lot
  • Hiking Trails
  • Park
  • Monrovia High School Rated A
  • Cul-De-Sac
  • 2-minute walk to Lucinda Garcia Park

About This Home

As of January 2020

***Great Investment opportunity*** 5 separate units sold together. With the ability to re-parcel and sell as separate units.

Last Agent to Sell the Property

Rich Andrews

Local Professional Realty License #02016295 Listed on: 09/06/2019

Last Buyer's Agent

RICHARD ANDREWS

REALTY ONE GROUP MASTERS License #02016295

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2013

Lot Details

  • 23,439 Sq Ft Lot
  • No Common Walls
  • Cul-De-Sac
  • Back and Front Yard

Parking

  • 10 Car Garage
  • Parking Available

Home Design

  • 8,174 Sq Ft Home

Bedrooms and Bathrooms

  • 15 Bedrooms
  • 15 Bathrooms

Additional Features

  • Laundry in unit
  • Exterior Lighting
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone, water
  • Tax Lot 1
  • Tax Tract Number 7164
  • Assessor Parcel Number 8506014032

Community Details

Overview

  • 5 Buildings
  • 5 Units
  • Foothills

Recreation

  • Park
  • Hiking Trails

Building Details

  • 5 Leased Units
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 6 Separate Water Meters
  • Electric Expense $228
  • Trash Expense $2,745
  • Water Sewer Expense $849
  • Operating Expense $3,822
  • Gross Income $142,020
  • Net Operating Income $138,198

Property Details

Home Type

Multi-Family

Year Built

Built in 2013

Lot Details

0.54 Acres

Parking

10

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Water Sewer Expenses: 849.00
  • Zoning: MORM*
  • Property Type: Residential Income
  • Parcel Number: 8506014032
  • Year Built: 2013
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 354.78

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 10.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 10.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 2745.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Foothills, Hiking, Park, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Cul-De-Sac, Front Yard
  • Lot Size Sq Ft: 23439.00
  • Lot Size Acres: 0.5381

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone, Water

Multi Family

  • Electric Expense: 228.00
  • Gross Income: 142020.00
  • Gross Scheduled Income: 142020.00
  • Lot Size Area: 23439.0000 Square Feet
  • Net Operating Income: 138198.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 6
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Operating Expense: 3822.00
  • Rent Control: No
  • Total Actual Rent: 11835.00
  • Total Expenses: 3822.00

Tax Info

  • Tax Census Tract: 4309.01
  • Tax Lot: 1
  • Tax Tract Number: 7164
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
01/14/2020 01/14/20 Sold $2,900,000 -11.5% $355 / Sq Ft
11/13/2019 11/13/19 Pending -- -- --
11/04/2019 11/04/19 Price Changed $3,275,000 -0.8% $401 / Sq Ft
09/06/2019 09/06/19 For Sale $3,300,000 -- $404 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $43,917 $3,171,570 $1,421,738 $1,749,832
2024 $42,752 $3,109,383 $1,393,861 $1,715,522
2023 $41,798 $3,048,416 $1,366,531 $1,681,885
2022 $40,593 $2,988,644 $1,339,737 $1,648,907
2021 $39,792 $2,930,044 $1,313,468 $1,616,576
2020 $27,530 $2,033,522 $725,719 $1,307,803
2019 $27,048 $1,993,650 $711,490 $1,282,160
2018 $26,265 $1,954,560 $697,540 $1,257,020
2016 $25,210 $1,878,663 $670,454 $1,208,209
2015 $24,656 $1,850,445 $660,384 $1,190,061
2014 $24,400 $1,814,198 $647,448 $1,166,750
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV19215502

California Regional Multiple Listing Service (CRMLS)

APN: 8506-014-012

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