NOT LISTED FOR SALE

735 W Foothill Blvd Monrovia, CA 91016

Estimated Value: $1,215,000 - $2,025,000

8 Beds
4 Baths
2,366 Sq Ft
$695/Sq Ft Est. Value

Last Sold September 15, 2017

Last sale price $1,170,000 $495 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $10,471/month

77 Days on Market

About This Home

As of September 2017

These units are a great investment for a first time investor or a seasoned investor seeking solid returns. The property is composed of 4 units, each has 2 bedrooms and 1 bathroom. Close to Downtown Monrovia, shopping and entertainment. There's upside rent potential. Buyer to complete their own due diligence in regards to all aspects of the property. All units are occupied at this time. Pro Forma cap rate would be 4.2%.

Last Agent to Sell the Property

The Mark and Al Team

CENTURY 21 MASTERS License #00914322 Listed on: 05/26/2017

CENTURY 21 MASTERS

Last Buyer's Agent

ROBERT MCCULLEY

JRW REALTY INC License #01737044

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,133

Year Built

  • Built in 1954

Lot Details

  • 7,781 Sq Ft Lot
  • No Common Walls

Home Design

  • 2,366 Sq Ft Home

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces

Additional Features

  • Exterior Lighting
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 13
  • Tax Tract Number 7
  • Assessor Parcel Number 8504019037

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $540
  • Gardener Expense $1,080
  • Insurance Expense $1,500
  • Other Expense $300
  • Trash Expense $2,100
  • Water Sewer Expense $1,440
  • New Taxes Expense $14,388
  • Operating Expense $21,900
  • Gross Income $42,900
  • Net Operating Income $42,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,133

Year Built

Built in 1954

Lot Details

0

Listing Details

  • CapRate: 3.58
  • Property Attached: No
  • Water Sewer Expenses: 1440.00
  • Zoning: MORH*
  • Property Type: Residential Income
  • Gardener Expense: 1080.00
  • Parcel Number: 8504019037
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 494.51

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Sewer: Unknown
  • Trash Expense: 2100.00

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 7781.00

Multi Family

  • Electric Expense: 540.00
  • Gross Income: 42900.00
  • Gross Operating Income: 64800.00
  • Gross Scheduled Income: 64800.00
  • Insurance Expense: 1500.00
  • Net Operating Income: 42900.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 21900.00
  • Other Expense: 300.00
  • Other Expense Description: Rooter
  • Rent Control: No
  • Total Expenses: 21900.00

Tax Info

  • New Taxes Expense: 14388.00
  • Tax Census Tract: 4303.02
  • Tax Lot: 13
  • Tax Tract Number: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 29, 2025
Sold by
Fami James and Fami Mary
Bought by
Foothill 735 Llc
Current Estimated Value
$1,644,358

Purchase Details

Listed on
May 26, 2017
Closed on
Aug 10, 2017
Sold by
To Alex Yick Sing
Bought by
Haney James Marc and Haney Mary Elizabeth
Seller's Agent
The Mark and Al Team
CENTURY 21 MASTERS
Buyer's Agent
ROBERT MCCULLEY
JRW REALTY INC
List Price
$1,199,000
Sold Price
$1,170,000
Premium/Discount to List
-$29,000
-2.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.37%
Original Mortgage
$250,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 6, 2011
Sold by
To Alex Yick Sing
Bought by
To Alex Yick Sing and Alex Yick Sing To Revocable Trust

Purchase Details

Closed on
Oct 19, 2005
Sold by
Fuqua Kent
Bought by
To Alex Yick Sing and To Man May Lai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$470,000
Interest Rate
5.74%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 29, 2004
Sold by
Fuqua Kent A
Bought by
Fuqua Kent and Fuqua Pretam

Purchase Details

Closed on
Oct 22, 2004
Sold by
Fuqua Kent
Bought by
Fuqua Kent A and Fuqua Pretam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$479,500
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 6, 2004
Sold by
Fuqua Pretam
Bought by
Fuqua Kent and Fuqua Pretam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$371,000
Interest Rate
4.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 29, 2002
Sold by
Fuqua Kent A
Bought by
Fuqua Kent and Fuqua Pretam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
7.17%

Purchase Details

Closed on
Jan 4, 2002
Sold by
Whipple John S
Bought by
Fuqua Kent A and Fuqua Pretam K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
7.17%

Purchase Details

Closed on
May 1, 1997
Sold by
Whipple John S
Bought by
Whipple John S and Whipple Joan B
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Buyer Sale Price Title Company
Foothill 735 Llc -- Chicago Title Company
Haney James Marc $1,170,000 Chicago Title Company
To Alex Yick Sing -- None Available
To Alex Yick Sing $805,000 Southland Title Company
Fuqua Kent -- --
Fuqua Kent A -- Equity Title Company
Fuqua Kent -- --
Fuqua Pretam -- Equity Title Company
Fuqua Kent -- Equity Title Company
Fuqua Kent -- --
Fuqua Kent A $400,000 Chicago Title Co
Whipple John S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Haney James Marc $250,000
Previous Owner To Alex Yick Sing $420,900
Previous Owner To Alex Yick Sing $470,000
Previous Owner Fuqua Kent A $479,500
Previous Owner Fuqua Pretam $371,000
Previous Owner Fuqua Kent A $360,000
Closed Fuqua Kent A $68,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2017 09/15/17 Sold $1,170,000 -2.4% $495 / Sq Ft
08/11/2017 08/11/17 Pending -- -- --
06/19/2017 06/19/17 For Sale $1,199,000 0.0% $507 / Sq Ft
06/15/2017 06/15/17 Pending -- -- --
06/09/2017 06/09/17 For Sale $1,199,000 +2.5% $507 / Sq Ft
06/08/2017 06/08/17 Off Market $1,170,000 -- --
05/26/2017 05/26/17 For Sale $1,199,000 -- $507 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $18,133 $1,331,254 $532,502 $798,752
2024 $18,133 $1,305,152 $522,061 $783,091
2023 $17,723 $1,279,562 $511,825 $767,737
2022 $17,214 $1,254,474 $501,790 $752,684
2021 $16,883 $1,229,877 $491,951 $737,926
2019 $16,087 $1,194,220 $477,360 $716,860
2018 $15,724 $1,170,820 $468,000 $702,820
2016 $12,709 $929,292 $582,973 $346,319
2015 $12,435 $915,334 $574,217 $341,117
2014 $11,854 $860,000 $544,300 $315,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV17116006

California Regional Multiple Listing Service (CRMLS)

APN: 8504-019-037