$1,150,000
SOLD MAR 21, 2025

713 W Colorado Blvd Monrovia, CA 91016

4 Beds
2 Baths
1,544 Sq Ft
7,470 Sq Ft Lot

Recently Sold

$745 Per Sq Ft

5% Above List Price

10 Days on Market

Highlights

  • Traditional Architecture
  • Lawn
  • Bathtub with Shower
  • Monrovia High School Rated A
  • 2 Car Detached Garage
  • Views

About This Home

As of March 2025

Trust Sale. No Court confirmation required. For Sale after 43 years! Rare opportunity to own a Duplex approx. 1,544 Sq. ft. on a large lot approx. 7,470 sq. ft., zoned MORM, located in the City of Monrovia, just north of the I-210, bordering Arcadia. Potential for future development. Each unit is a 2 bed 1 bath unit with washer & dryer hook ups in each unit and are separately metered for gas & electricity. 2 car garage and shed at the backyard. Sold AS IS & Where IS, with all faults, and without warranty, express or implied. Property is vacant and will be delivered vacant at close of escrow. Buyer to assume all responsibilities. Minutes away from schools, restaurants, shopping center, entertainment, and I-210. Seller will not be responsible for any repairs, inspection reports, termite work, and mandatory government retrofit requirements prior to close. Buyer to conduct their own investigations and assume all responsibilities for making the necessary repairs to the property. Seller is an independent fiduciary, not related to the family, and cannot make any representations as to the condition, history of the subject property.

Last Agent to Sell the Property

Vinny Jain

Ingenious Asset Group, Inc. License #01413466 Listed on: 02/03/2025

Last Buyer's Agent

Aida Dimejian

License #01153587

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,952

Year Built

  • Built in 1952

Lot Details

  • 7,470 Sq Ft Lot
  • Rectangular Lot
  • Level Lot
  • Lawn
  • Back and Front Yard
  • Property is zoned MORM*

Parking

  • 2 Car Detached Garage
  • Assigned Parking

Home Design

  • Traditional Architecture
  • Shingle Roof

Interior Spaces

  • 1,544 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Living Room
  • Dining Area
  • Property Views

Kitchen

  • Oven or Range
  • Gas and Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Shed
  • Rain Gutters

Location

  • City Lot

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window
  • Property is located within a water district
  • Gas Water Heater
  • Sewer in Street

Community Details

  • Ingenious Asset Group, Inc. Association

Listing and Financial Details

  • Assessor Parcel Number 8505-023-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,952

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Style: Traditional
  • Levels: One
  • Street Number Display: Yes
  • Advertising Remarks: Trust Sale. No Court confirmation required. For Sale after 43 years! Rare opportunity to own a Duplex approx. 1,544 Sq. ft. on a large lot approx. 7,470 sq. ft., zoned MORM, located in the City of Monrovia, just north of the I-210, bordering Arcadia. Potential for future development. Each unit is a 2 bed 1 bath unit with washer & dryer hook ups in each unit and are separately metered for gas & electricity. 2 car garage and shed at the backyard. Sold AS IS & Where IS, with all faults, and without warranty, express or implied. Property is vacant and will be delivered vacant at close of escrow. Buyer to assume all responsibilities. Minutes away from schools, restaurants, shopping center, entertainment, and I-210. Seller will not be responsible for any repairs, inspection reports, termite work, and mandatory government retrofit requirements prior to close.
  • Entry Location: Living Room
  • Living Area: 1544
  • Lot Acreage: 0.1715
  • Year Built: 1952
  • Number Of Photos: 72
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Interior Amenities: Recessed Lighting
  • Flooring: Tile, Vinyl
  • Appliances: Gas/Electric Range
  • Bedrooms: 4
  • Common Walls: Detached/No Common Walls
  • Bathroom Features: Shower Over Tub
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Ceiling Fan, Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 712.44

Exterior Features

  • Other Features: Rain Gutters
  • Other Structures: Shed(s)
  • Pool: No
  • Roof: Shingle
  • Spa Yn: No
  • View: Walk Street
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Garage: Assigned, Detached, Garage - 2 Car
  • Total Parking: 2

Utilities

  • Water Heater: Gas, Water Heater Unit
  • Cooling: Ceiling Fan, Wall/Window
  • Heating: Wall
  • Security: Carbon Monoxide Detector(s), Smoke Detector
  • Sewer: In Street
  • Water: District
  • Water Heaters: Yes

Condo/Co-op/Association

  • Management Company: Ingenious Asset Group, Inc.

Lot Info

  • Assessed Improvement Percent: 68.40
  • Assessed Improvement Value: 113637
  • Assessed Land Percent: 31.6
  • Assessed Land Value: 52494
  • Total Assessed Value: 166131
  • Assessor Parcel Number: 8505-023-003
  • Lot Description: Back Yard, Front Yard, Gutters, Lawn, Lot Shape-Rectangular, Lot-Level/Flat, Walk Street
  • Lot Location: City, Flats
  • Lot Size Area: 7470

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 20.83
  • Number Of Units: 2
  • Total Annual Expense: 19239
  • Type Of Units: Residential
  • Vacancy Allow: 2640
  • Vacancy Allow Percent: 5.00
  • Vacancy Rate: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2025
Sold by
Ammar Emad and Ammar Nisreen
Bought by
713-715 Colorado Llc
Current Estimated Value
$1,148,524

Purchase Details

Listed on
Feb 3, 2025
Closed on
Mar 3, 2025
Sold by
2002 Charles And Martha Myers Revocable and Siegel Jeffrey
Bought by
Ammar Emad and Ammar Nisreen
Seller's Agent
Vinny Jain
Ingenious Asset Group, Inc.
Buyer's Agent
Aida Dimejian
List Price
$1,100,000
Sold Price
$1,150,000
Premium/Discount to List
$50,000
4.55%
Views
34

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.18%
Original Mortgage
$862,500
Interest Rate
6.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 2003
Sold by
Myers Charles A and Myers Martha P
Bought by
Myers Charles A
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 Type Sale Price Title Company
Gift Deed -- Accommodation/Courtesy Recordi
Grant Deed $1,150,000 Old Republic Title Company
Interfamily Deed Transfer -- Stewart Title Of Ca Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $862,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2025 03/21/25 Sold $1,150,000 +4.5% $745 / Sq Ft
02/13/2025 02/13/25 Pending -- -- --
02/03/2025 02/03/25 For Sale $1,100,000 -- $712 / Sq Ft
Source: The MLS

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 $2,952 $1,054,680 $634,440 $420,240
2024 $2,952 $169,452 $53,543 $115,909
2023 $2,892 $166,131 $52,494 $113,637
2022 $2,818 $162,874 $51,465 $111,409
2021 $2,761 $159,681 $50,456 $109,225
2019 $2,652 $154,947 $48,960 $105,987
2018 $2,519 $151,909 $48,000 $103,909
2016 $2,418 $146,012 $46,137 $99,875
2015 $2,370 $143,819 $45,444 $98,375
2014 $2,360 $141,002 $44,554 $96,448
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 25-488227

The MLS

APN: 8505-023-003