Seller's Agent in 2019
Kristopher German
RE/MAX
(909) 645-0443
128 Total Sales
727 Valley View Ave Monrovia, CA 91016
Monrovia AreaEstimated Value: $2,600,000 - $3,099,523
5
Beds
5
Baths
7,932
Sq Ft
$359/Sq Ft
Est. Value
Highlights
- 0.46 Acre Lot
- Fireplace in Primary Bedroom
- Laundry Facilities
- Clifton Middle School Rated A-
- Central Heating and Cooling System
About This Home
As of December 2019Attention Investors - One of a kind multi-family investment opportunity located in North Monrovia. First time offered for sale in over 50+ years. The subject property offers an A+ location nestled in the north east section of the city (minutes to Bradbury). The unit mix is comprised of a Craftsman style single story building with 2 Units: first unit is 2 Bed/1.5 Bath + Office/3rd Bedroom with an estimated living space of 1,400 SqFt. & 2nd unit with 1 Bed/1 Bath with an estimated living space of 1,100 SqFt. The second building was built in 1984 and offers four 2 Bed/1 3/4 Bath Two-Story "Town-House" style units each with an estimated living space of 1,360 SqFt. Common Amenities for ALL 6 Units consist of Central A/C & Heat, Private Fireplaces, 2-Car Garage Parking, LARGE Private Patios/Private Yards (all units), Private Balconies (townhouse units), Automatic Dishwashers, Onsite Laundry Facility & Secured Remote Access Gated Entry. A new investor will enjoy a matchless multi-family property, located in an exclusive residential neighborhood, and most importantly, a lucrative financial opportunity priced at 14.27 GRM with a CAP Rate of 4.73%. Location, Cash-Flow, Pride of Ownership!
Last Agent to Sell the Property
RE/MAX 2000 REALTY License #01800021 Listed on: 11/18/2019
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1984
Lot Details
- 19,990 Sq Ft Lot
- 1 Common Wall
- Density is 6-10 Units/Acre
Parking
- 7 Open Parking Spaces
- 8 Car Garage
Home Design
- Property Attached
Interior Spaces
- 7,932 Sq Ft Home
- Family Room with Fireplace
- Living Room with Fireplace
Bedrooms and Bathrooms
- 5 Bedrooms
- Fireplace in Primary Bedroom
- 5 Bathrooms
Additional Features
- Rain Gutters
- Central Heating and Cooling System
Listing and Financial Details
- Tenant pays for electricity, gas
- Legal Lot and Block 30 / D
- Tax Tract Number 25
- Assessor Parcel Number 8518035025
Community Details
Overview
- 2 Buildings
- 6 Units
Amenities
- Laundry Facilities
Building Details
- 6 Leased Units
- 7 Separate Electric Meters
- 7 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $871
- Fuel Expense $238
- Insurance Expense $3,173
- Maintenance Expense $7,051
- Other Expense $900
- Trash Expense $2,299
- Water Sewer Expense $4,084
- New Taxes Expense $24,310
- Operating Expense $42,925
- Gross Income $145,380
- Net Operating Income $98,093
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
Listed on
Nov 18, 2019
Closed on
Dec 3, 2019
Sold by
Bought by
Seller's Agent
Kristopher German
RE/MAX 2000 REALTY
Buyer's Agent
Kristopher German
RE/MAX 2000 REALTY
List Price
$2,075,000
Sold Price
$2,250,000
Premium/Discount to List
$175,000
8.43%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$599,762
Avg. Annual Appreciation
3.63%
Purchase Details
Closed on
Dec 12, 2017
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
$785,000
Interest Rate
0.039%
Mortgage Type
Negative Amortization
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| $2,250,000 | Fidelity National Title | ||
| $1,047,000 | None Available |
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 |
|---|---|---|---|
| Previous Owner | $785,000 | ||
| Previous Owner | $250,000 |
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 |
|---|---|---|---|---|
| 12/20/2019 12/20/19 | Sold | $2,250,000 | +8.4% | $284 / Sq Ft |
| 11/27/2019 11/27/19 | Pending | -- | -- | -- |
| 11/18/2019 11/18/19 | For Sale | $2,075,000 | -- | $262 / 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 | $34,004 | $2,460,702 | $1,367,057 | $1,093,645 |
| 2024 | $33,165 | $2,412,453 | $1,340,252 | $1,072,201 |
| 2023 | $32,475 | $2,365,151 | $1,313,973 | $1,051,178 |
| 2022 | $31,193 | $2,318,776 | $1,288,209 | $1,030,567 |
| 2021 | $30,506 | $2,273,310 | $1,262,950 | $1,010,360 |
| 2019 | $29,735 | $2,262,360 | $1,632,000 | $630,360 |
| 2018 | $29,056 | $2,218,000 | $1,600,000 | $618,000 |
| 2017 | $20,893 | $1,561,840 | $882,780 | $679,060 |
| 2016 | $20,433 | $1,531,217 | $865,471 | $665,746 |
| 2015 | $19,985 | $530,785 | $52,606 | $478,179 |
| 2014 | $7,884 | $520,389 | $51,576 | $468,813 |
Source: Public Records
Agents Affiliated with this Home
-
Kristopher German
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV19266895
APN: 8518-035-025
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.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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