B
Seller's Agent in 2025
BIN LIU
Wetrust Realty
(626) 593-7456
8 in this area
54 Total Sales
754 W Olive Ave Monrovia, CA 91016
Estimated Value: $1,200,000 - $1,367,000
4
Beds
2
Baths
1,572
Sq Ft
$808/Sq Ft
Est. Value
Highlights
- No Units Above
- Mountain View
- Wood Fence
- Monrovia High School Rated A
- Laundry Room
- Vinyl Flooring
About This Home
As of April 2025This is a fantastic opportunity to own a charming single-level duplex in the highly sought-after and scenic city of Monrovia, situated at the border of Arcadia. Whether you're an investor or someone looking to live in one unit and rent the other, this property offers great potential. Sitting on a 7,239 sq. ft. lot, the duplex provides 1,572 sq. ft. of living space, with each unit offering 786 sq. ft. The roof and concrete driveway were newly installed in 2022, and both units have been upgraded with remodeled kitchens and bathrooms, copper plumbing, waterproof vinyl plank flooring, energy-efficient vinyl windows, and fresh exterior paint. Each unit is equipped with its own water shutoff valve.
Both units feature great floor plans with 2 bedrooms, 1 bathroom, a spacious living room, a dining area, and a kitchen with a cozy breakfast nook. Additionally, each unit includes a laundry room, window air conditioning, and new gas wall heater units. The property also offers a 2-car garage, along with at least 2 additional parking spaces. An inviting side yard and a large backyard provide ample outdoor space, offering endless possibilities. Conveniently located near schools, a library, the Metro station, a park, and the vibrant Old Town Monrovia with its numerous restaurants and shops.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1951
Lot Details
- 7,241 Sq Ft Lot
- No Units Above
- No Units Located Below
- 1 Common Wall
- Wood Fence
- Density is 2-5 Units/Acre
Parking
- 2 Car Garage
Home Design
- Duplex
- Entry on the 1st floor
Interior Spaces
- 1,572 Sq Ft Home
- 1-Story Property
- Vinyl Flooring
- Mountain Views
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
- Washer Hookup
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas, security, telephone
- Tax Lot 6
- Tax Tract Number 8819
- Assessor Parcel Number 8506027014
Community Details
Overview
- 2 Units
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $1,200
- Insurance Expense $1,076
- Trash Expense $936
- Water Sewer Expense $1,800
- New Taxes Expense $8,251
- Operating Expense $13,263
- Gross Income $5,300
- Net Operating Income $4,278
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 21, 2025
Closed on
Mar 10, 2025
Sold by
Blanco William Francis and Song Melissa Meiyi
Bought by
Gk & Co Holdings Llc
Seller's Agent
BIN LIU
Wetrust Realty
Buyer's Agent
Robert Ip
Coldwell Banker Realty Pasadena
List Price
$1,280,000
Sold Price
$1,310,000
Premium/Discount to List
$30,000
2.34%
Views
11
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
-$39,370
Avg. Annual Appreciation
-2.81%
Original Mortgage
$437,000
Outstanding Balance
$433,066
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$837,564
Purchase Details
Listed on
Nov 15, 2023
Closed on
Dec 15, 2023
Sold by
Man Family Trust
Bought by
Blanco William Francis and Song Melissa Meiyi
Seller's Agent
Pauline Cheng
Re/Max Premier Prop Arcadia
Buyer's Agent
Cristina Blanco
COLDWELL BANKER LEADERS
List Price
$998,000
Sold Price
$1,080,000
Premium/Discount to List
$82,000
8.22%
Views
100
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.42%
Original Mortgage
$810,000
Interest Rate
7.29%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 7, 2013
Sold by
Man James and Man Sue Kwong
Bought by
Man James and Man Sue Kwon
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,000
Interest Rate
3.32%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 18, 2011
Sold by
Man James and Man Sue Kwong
Bought by
Man James and Man Sue Kwong
Purchase Details
Closed on
Jan 31, 2011
Sold by
Premium Investment Inc
Bought by
Man James and Man Sue Kwong
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
4.74%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 10, 2010
Sold by
Nouhi Hoss and Nouhi Fakhri L
Bought by
Allwinners Investment Inc and Premium Investment Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
4.74%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 16, 2010
Sold by
Nouhi Hoss and Nouhi Fakhri L
Bought by
Nouhi Fakhri L
Purchase Details
Closed on
Jul 19, 2005
Sold by
Nouhi Hoss and Nouhi Fakhri L
Bought by
Nouhi Hoss
Purchase Details
Closed on
Aug 25, 2004
Sold by
Greenman Adam and Greenman Robin
Bought by
Nouhi Hoss
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
5.76%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gk & Co Holdings Llc | $1,310,000 | Orange Coast Title Company | |
| Blanco William Francis | $1,080,000 | None Listed On Document | |
| Man James | -- | None Available | |
| Man James | -- | None Available | |
| Man James | -- | None Available | |
| Man James | -- | None Available | |
| Man James | $464,000 | Advantage Title Inc | |
| Allwinners Investment Inc | -- | None Available | |
| Nouhi Fakhri L | -- | Accommodation | |
| Nouhi Hoss | -- | -- | |
| Nouhi Hoss | $400,000 | Chicago Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gk & Co Holdings Llc | $437,000 | |
| Previous Owner | Blanco William Francis | $810,000 | |
| Previous Owner | Man James | $299,000 | |
| Previous Owner | Man James | $320,000 | |
| Previous Owner | Nouhi Hoss | $320,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/11/2025 04/11/25 | Sold | $1,310,000 | +2.3% | $833 / Sq Ft | |
| 03/04/2025 03/04/25 | Pending | -- | -- | -- | |
| 02/21/2025 02/21/25 | For Sale | $1,280,000 | +18.5% | $814 / Sq Ft | |
| 01/03/2024 01/03/24 | Sold | $1,080,000 | +8.2% | $687 / Sq Ft | View Prior Sale |
| 12/04/2023 12/04/23 | Pending | -- | -- | -- | |
| 11/15/2023 11/15/23 | For Sale | $998,000 | -- | $635 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $8,253 | $1,101,600 | $765,000 | $336,600 |
| 2024 | $8,253 | $582,545 | $477,295 | $105,250 |
| 2023 | $8,068 | $571,124 | $467,937 | $103,187 |
| 2022 | $7,839 | $559,926 | $458,762 | $101,164 |
| 2021 | $7,686 | $548,948 | $449,767 | $99,181 |
| 2019 | $7,329 | $532,669 | $436,428 | $96,241 |
| 2018 | $7,114 | $522,225 | $427,871 | $94,354 |
| 2016 | $6,843 | $501,948 | $411,257 | $90,691 |
| 2015 | $6,696 | $494,409 | $405,080 | $89,329 |
| 2014 | $6,633 | $484,726 | $397,146 | $87,580 |
Source: Public Records
Agents Affiliated with this Home
-
BIN LIU
-
Robert Ip
Buyer's Agent in 2025
Robert Ip
Coldwell Banker Realty Pasadena
(626) 584-0050
2 in this area
17 Total Sales
-
Pauline Cheng
Seller's Agent in 2024
Pauline Cheng
RE/MAX
(626) 278-4587
4 in this area
98 Total Sales
-
Cristina Blanco
Buyer's Agent in 2024
Cristina Blanco
COLDWELL BANKER LEADERS
(323) 999-8098
1 in this area
66 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: WS25039132
APN: 8506-027-014
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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