NOT LISTED FOR SALE

910 S Ivy Ave Monrovia, CA 91016

6 Beds
3 Baths
2,140 Sq Ft
0.36 Acres

Last Sold August 04, 2020

Last sale price $1,305,000 $610 Per Sq Ft

12 Days on Market

Highlights

  • All Bedrooms Downstairs
  • 0.36 Acre Lot
  • Central Air
  • Monrovia High School Rated A
  • Laundry Room
  • 4-minute walk to Julian Fisher Park

About This Home

As of August 2020

Attention to all builders and investors, a great opportunity is knocking on your door right now. A lot with lots of potential is up for sale. It is situated in a prime & high demand area of Monrovia (North of Huntington Dr), which offers a peaceful and convenient location. The lot comes with a plan to build 6 modern contemporary 2-story residential condominiums (currently under design review, it will be finalized soon by city of Monrovia). The six units of condos consist 4 units of 3 bedroom 2.5 bathroom (1426 - 1440 sqft) and 2 units of 3 bedroom 3.5 bathroom plus a den (1688 sqft). A total living size of 9108 sqft. Each unit has a 2-car garage and there is no subterranean parking. It’s a super rare opportunity to find such a neat and manageable complex in this mature neighborhood. Currently there are two units on this property being rented out and generating $3825/month income (unit one - $1950/mon; unit two - $1875/month). Don’t miss out. Drive by today. Plans and reports are available upon request.

Last Agent to Sell the Property

Rhea Bai

RE/MAX PREMIER/ARCADIA License #01360246 Listed on: 04/30/2020

RE/MAX PREMIER/ARCADIA

Last Buyer's Agent

Rhea Bai

RE/MAX PREMIER/ARCADIA License #01360246 Listed on: 04/30/2020

RE/MAX PREMIER/ARCADIA

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1927

Lot Details

  • 0.36 Acre Lot
  • Density is 6-10 Units/Acre
  • Property is zoned MORM*

Parking

  • 2 Car Garage

Home Design

  • 2,140 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • All Bedrooms Down
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Utilities

  • Central Air

Listing and Financial Details

  • Legal Lot and Block 12 / AA
  • Tax Tract Number 851501
  • Assessor Parcel Number 8515018041

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Home Details

Home Type

Single Family

Year Built

Built in 1927

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: No
  • Water Sewer Expenses: 3600.00
  • Zoning: MORM*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Income
  • Parcel Number: 8515018041
  • Year Built: 1927
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 609.81
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 600.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 15767.00
  • Lot Size Acres: 0.3620

Multi Family

  • Gross Income: 45900.00
  • Gross Scheduled Income: 45900.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 15767.0000 Square Feet
  • Net Operating Income: 25500.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 20400.00
  • Rent Control: No
  • Total Expenses: 20400.00

Tax Info

  • New Taxes Expense: 15000.00
  • Tax Block: AA
  • Tax Census Tract: 4311.00
  • Tax Lot: 12
  • Tax Tract Number: 851501

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/04/2020 08/04/20 Sold $1,305,000 +4.4% $610 / Sq Ft
05/12/2020 05/12/20 Pending -- -- --
04/30/2020 04/30/20 For Sale $1,250,000 +56.3% $584 / Sq Ft
06/17/2015 06/17/15 Sold $800,000 +2.6% $374 / Sq Ft View Prior Sale
03/12/2015 03/12/15 Pending -- -- --
10/10/2014 10/10/14 For Sale $780,000 -- $364 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS20081149

California Regional Multiple Listing Service (CRMLS)

APN: 8515-018-041