NOT LISTED FOR SALE

901 W Olive Ave Monrovia, CA 91016

Estimated Value: $911,000 - $1,021,000

4 Beds
3 Baths
1,878 Sq Ft
$518/Sq Ft Est. Value

Last Sold January 31, 2012

Last sale price $490,000 $261 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $5,742/month

12 Days on Market

About This Home

As of January 2012

STANDARD SALE!!! Plus location, location, location!!! Great opportunity triplex in excellent area of Monrovia for investor or first time buyer to Live in one and rent the other two, front building consists of two units One bedroom one bath kitchen, dining area in each unit. Back house has 2 bedrooms one bath. carport for three cars, storage sheds and more. Walking distance to shopping, restaurants and entertainment. The Main House and the Duplex in good condition laundry hook ups inside all three units. Lot is over 7,000 sq. ft. Buyers or buyer's agent to verify condition and or information since property will be sold "AS IS" and no repairs will be done. Rents could be over $1,000 for front units and $1,500 for rear house.

Last Agent to Sell the Property

Roberto Olivas

FUSION ONE REALTY License #01332073 Listed on: 11/11/2011

Last Buyer's Agent

JENI CAMPA BAZ

CENTURY 21 MASTERS License #01798663

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1946

Lot Details

  • 7,164

Home Design

  • 1,878 Sq Ft Home

Parking

  • 3 Parking Spaces
  • 3 Carport Spaces

Additional Features

  • Laundry Room
  • 7,164 Sq Ft Lot

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 8656
  • Assessor Parcel Number 8506025026

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 2 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $720
  • Insurance Expense $1,200
  • Trash Expense $430
  • Water Sewer Expense $780
  • Gross Income $3,350
  • Net Operating Income $37,070

Property Details

Home Type

Multi-Family

Year Built

Built in 1946

Lot Details

7,164 Sq Ft Lot

Listing Details

  • Assessments: Yes
  • Water Sewer Expenses: 780.00
  • Property Type: Residential Income
  • Gardener Expense: 720.00
  • Parcel Number: 8506025026
  • Year Built: 1946
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per Square Foot: 260.92

Garage/Parking

  • Carport Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Trash Expense: 430.00

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 7164.00
  • Lot Size Acres: 0.1600

Multi Family

  • Gross Income: 3350.00
  • Gross Scheduled Income: 40200.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 7164.0000 Square Feet
  • Net Operating Income: 37070.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 3
  • Operating Expense: 3130.00
  • Rent Control: No
  • Total Actual Rent: 1850.00

Tax Info

  • Tax Lot: 7
  • Tax Tract Number: 8656
  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2011
Closed on
Jan 11, 2012
Sold by
Brown Bette A and Bradstreet Family Trust
Bought by
Garcia Sandra J
Seller's Agent
Roberto Olivas
FUSION ONE REALTY
Buyer's Agent
JENI CAMPA BAZ
CENTURY 21 MASTERS
List Price
$490,000
Sold Price
$490,000
Current Estimated Value
$972,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$482,667
Avg. Annual Appreciation
5.00%
Original Mortgage
$367,500
Outstanding Balance
$250,739
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$721,928

Purchase Details

Closed on
Oct 20, 2008
Sold by
The Bradstreet Family Trust
Bought by
Brown Bette A and The Bradstreet Family Trust

Purchase Details

Closed on
Feb 4, 1994
Sold by
Bradstreet Charles S and Bradstreet Winifred
Bought by
Bradstreet Charles S and Bradstreet Winifred M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Garcia Sandra J $490,000 Lawyers Title
Brown Bette A -- Lawyers Title
Brown Bette A -- None Available
Bradstreet Charles S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Sandra J $367,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2012 01/31/12 Sold $490,000 0.0% $261 / Sq Ft
11/23/2011 11/23/11 Pending -- -- --
11/11/2011 11/11/11 For Sale $490,000 -- $261 / 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 $8,788 $618,026 $439,613 $178,413
2024 $8,788 $605,909 $430,994 $174,915
2023 $8,594 $594,030 $422,544 $171,486
2022 $8,353 $582,383 $414,259 $168,124
2021 $8,189 $570,965 $406,137 $164,828
2020 $7,953 $565,691 $401,973 $163,718
2019 $7,817 $554,612 $394,092 $160,520
2018 $7,573 $543,749 $386,365 $157,384
2016 $7,257 $519,908 $371,363 $148,545
2015 $7,101 $512,099 $365,785 $146,314
2014 -- $502,068 $358,620 $143,448
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: I11148134

California Regional Multiple Listing Service (CRMLS)

APN: 8506-025-026

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