Seller's Agent in 2025
Alexander Metaxas
Realty Investment Advisors, Inc.
(626) 487-4300
3 in this area
39 Total Sales
Fantastic opportunity to purchase a well maintained Monrovia apartment property that provides consistent and predictable rental income. 7 Units with 2 non-conforming units. Situated on a corner, the double lots combined are about 12,921 SF in total. With a variety of unit types, these apartments appeal to variety of renters. The building consists of two 3 Bed + 1 bath units; one 3 Bed + 2 bath unit; two 1 Bed + 1 bath units and 4 Studio + 1 bath units. There are a total of 8 gas and 8 electric meters, so the landlord pays the gas and electricity for the two legal, non-conforming units, which are 1 Bed units. On-site parking include covered carport and open spaces accommodates for a total of 12 vehicles. Much of the plumbing has been updated with copper, the electrical breakers have been updated and a complete NEW roof about 5 years ago. Five units have individual water heaters and the four studio units are supplied by one central water heater with gas paid for by the landlord. There is a former laundry room that can be made active again for on-site laundry and additional income. PLEASE DO NOT GO ONTO THE PROPERTY, TALK TO OR DISTURB THE TENANTS. DRIVE-BY ONLY. Broker/Agents make no guarantees or warranties regarding property unit count. Buyer to independently verify unit count accuracy.
Last Agent to Sell the Property
Realty Investment Advisors, Inc. License #01784652 Listed on: 03/26/2025
Last Buyer's Agent
SERGE MAALOUF
MGR REAL ESTATE, INC. License #01932248
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/23/2025 07/23/25 | Sold | $2,100,000 | -15.7% | $370 / Sq Ft |
| 05/10/2025 05/10/25 | Pending | -- | -- | -- |
| 03/26/2025 03/26/25 | For Sale | $2,490,000 | -- | $439 / Sq Ft |
| 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 | $10,920 | $654,024 | $117,123 | $536,901 |
| 2024 | $10,920 | $641,201 | $114,827 | $526,374 |
| 2023 | $10,702 | $628,629 | $112,576 | $516,053 |
| 2022 | $10,431 | $616,304 | $110,369 | $505,935 |
| 2021 | $10,216 | $604,220 | $108,205 | $496,015 |
| 2019 | $9,809 | $586,900 | $104,997 | $481,903 |
| 2018 | $9,592 | $575,405 | $102,939 | $472,466 |
| 2016 | $9,122 | $552,487 | $98,943 | $453,544 |
| 2015 | $8,943 | $544,189 | $97,457 | $446,732 |
| 2014 | $8,893 | $533,530 | $95,548 | $437,982 |
Seller's Agent in 2025
Alexander Metaxas
Realty Investment Advisors, Inc.
(626) 487-4300
3 in this area
39 Total Sales
Seller Co-Listing Agent in 2025
Benjamin Hsiang
Realty Investment Advisors, Inc.
(424) 338-9523
3 in this area
74 Total Sales
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Buyer's Agent in 2025
SERGE MAALOUF
MGR REAL ESTATE, INC.
Source: The MLS
MLS Number: 25507137
Ask me questions while you tour the home.