$10,000

closing credit¹

863 W Olive Ave Monrovia, CA 91016

$2,098,000
0.2 acres
Multi-Family

Property details

About 863 W Olive Ave

Exceptional Investment Opportunity in Prime North Monrovia. Built & remodeled in 2012-2013, this impressive triplex with 8 bedrooms/7 bathrooms is ideally situated N. of Huntington Dr & S. of Foothill Blvd., with convenient proximity to Arcadia with easy access to freeways, shopping areas and restaurants.The front single-level detached home underwent a complete renovation during 2012-2013, including the addition of a newly constructed two-car attached garage in 2013. This charming home features an open floor plan, two spacious bedrooms, a full bathroom, and a generously sized kitchen with built-in appliances, granite countertops, and a breakfast bar.Additional highlights include a private yard, direct access to the spacious two-car attached garage, and a designated laundry area.Rear of the property, behind the main house are two attached, two-story townhomes, each about 1268 Sq ft, constructed around 2012-2013. Each unit features a private gated entry, a secluded approx. 475 Sq. ft back yard and covered patio, and a two-car attached garage, and a laundry closet on 2nd floor. These townhomes offer three spacious bedrooms, including primary bedroom with high ceilings, 2.5 bathrooms, and modern kitchens equipped with built-in appliances, granite countertops, and central air conditioning.All units are currently occupied. The common areas and driveways are well-maintained, and each unit has its own separate utility meters. Tax record indicates year built 1947, total square footage 3640 Sq ft. Builder's record is 3355 Sq ft. Buyers to conduct their own due diligence/ investigation about the square footage, year built, lot size , suitability, easements, income/expense, general condition, and all other aspects of the property and verify all the information and satisfy themselves.. Drive By only. Please do not enter or walk on the premises. offers subject to inspection.

Highlights

Home typeTriplex
HeatingCentral, Forced Air
StatusActive
CoolingCentral Air
Lot size0.1918 Acres
Year built2013
MLS #P1-20422
Garage6 spaces

Summary

  • MLS Number: P1-20422
  • MLS Name: CRMLS
  • Office Name: Coldwell Banker Realty
  • Office Phone: (626) 584-0050
  • Office Email: pasadenalake@coldwellbanker.com
  • Listing Agent: Noushine Rostamian

IDX 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/22/2025, 9:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front facade with a front lawn

$2,098,000

863 W Olive Ave

$10,000

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Jul 30, 2013
Home Sold
$321,500
Mar 28, 2003
Home Sold
$289,000
Oct 21, 1988
Home Sold
$154,000

Tax history

YearAssessmentProperty Tax
2021$1,300,113$17,615
2020$1,286,783$16,774
2019$1,261,553$16,111
2018$1,236,818$15,772
2017$1,212,568$15,772

History based on county public records data.

Nearby schools

4

Monroe Elementary School

Public District KG-5

0.6 mi

402 W Colorado Blvd

6

Mayflower Elementary School

Public District KG-5

0.8 mi

210 N Mayflower Ave

8

Highland Oaks Elementary School

Public District KG-5

1.3 mi

10 Virginia Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $51,094. Typical income of Monrovia, CA residents is less than $<35k annually. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

40%
<35k
27%
35k-100k
26%
100k-200k
7%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

48%
Single, No Kids
16%
Single, with Kids
17%
Married, No Kids
19%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
10%
12-17 yrs old
27%
18-34 yrs old
36%
35-64 yrs old
12%
65+ yrs old

What do the neighbors do for fun?

  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Music ConcertsMusic Concerts
  • Art MuseumsArt Museums

Where do the neighbors shop?

  • Banana RepublicBanana Republic
  • H&MH&M
  • BloomingdalesBloomingdales

Where do the neighbors go to eat?

  • Jack In The BoxJack In The Box
  • ChipotleChipotle
  • StarbucksStarbucks

What do the neighbors drive?

  • ToyotaToyota
  • VolkswagenVolkswagen
  • AudiAudi

What do the neighbors listen to?

  • JazzJazz
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • NewsNews
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 863 W Olive Ave in Monrovia, CA and zip code 91016 in the The San Gabriel Valley neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since January 13, 2025 and is currently priced at $2,098,000.

Monrovia, CA housing market in December 2024 saw over 7 listings sold above listed price, more than 3 sold at listed price and over 8 sold below. The number of homes for sale in Monrovia, CA decreased by 24.2% between November and December 2024. While the average time on the market in December 2024 was 27 days, the median list price was $957,500.

From Rocket Homes Real Estate and based on county public records data.

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