231 E Maple Ave Monrovia, CA 91016

$--

10 Beds
5 Baths
4,625 Sq.Ft.

Off Market

Map preview of 231 E Maple Ave, Monrovia, CA 91016

Property Overview: 231 E Maple Ave Monrovia, CA has 10 bedrooms, 5 bathrooms, 4,625 living square feet and 8,106 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

231 E Maple Ave is currently an off market home in the city of Monrovia. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Monrovia has a median list price of $1,050,000. The median price per/sqft for Monrovia is $676. With those numbers in mind, if you are looking to purchase a median priced home in Monrovia, CA and put 20% down you will need to save up $210,000 for the down payment and will need roughly $21,000 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Monrovia the commission could be as much as $37,250. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 231 E Maple Ave

Last sold on November 17th, 2016

January, 2023
Jan 8, 2023

Date

Expired

CRMLS: AR22141870

$2,000,000

Price
Jul 5, 2022

Date

Active

CRMLS: AR22141870

$2,000,000

Price
Listing provided courtesy of CRMLS

Our company is proud to present a five (5) unit apartment property. Located at 231 E. Maple Ave., near Canyon Ave., this property is very walkable. It is situated within walking distance of Old Town Monrovia shops and restaurants. Close to Canyon Elementary School, Clifton Middle School and Wildrose Elementary School. The property also is located near Rotary Park and a weekly Monrovia Family Festival. The Property is a cozy 5 unit complex with a large rear parking area. There is the possibility of adding and ADU in the rear area. Garages located at the back of the property and easily accessible from the alley. All units are 2 bd and 1ba. Rents are low and have lots of upside potential. Do not go on property without an appointment. Do not disturb the tenants.

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March, 2022
Mar 5, 2022

Date

Active Under Contract

CRMLS: AR22032435

$2,000,000

Price
Listing provided courtesy of CRMLS

Available for sale is a 5 unit apartment complex nestled in the suburbs of Monrovia. Its proximity to the main thoroughfare of Myrtle Avenue, Huntington Drive and Foothill Blvd. makes it a convenient location. The property is well maintained with convenient access from both Maple Ave and a back alley where there is a large parking area. There is a tremendous opportunity to increase the rents to market resulting in a 75% increase over current rents. Further potential value can be possibly be added with an ADU addition in the large rear parking lot. This is a rare opportunity for an investor to acquire a residential income property in the City of Monrovia. PLEASE DO NOT GO ON PREMISES OR DISTURB THE TENANTS.

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November, 2016
Nov 17, 2016

Date

Sold (Public Records)

Public Records

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Price

Tax History for 231 E Maple Ave

Assessed Value (2020): $1,012,356

Year	Land Value	Improved Value	Assessed Value
2020	$704,568	$307,788	$1,012,356

About 231 E Maple Ave

Detailed summary of property

231 E Maple Ave is categorized with a use code of Apartment House (5+ Units) in Monrovia, CA 91016 and is currently off market. This property has 10 bedrooms, 5 bathrooms, roughly 4,625 living square feet, and sits on an approximately 8,106 square foot lot. Homes in Monrovia are selling for a median price of $745,000 and a median price per square foot of $564. Local nearby listings include 2029 Baylor St, 1245 Amberwood Dr and 2305 Sesmas St. The average home in Monrovia, CA is selling in 45 days. There are currently 68 homes for sale in the Monrovia real estate market and 60 of them are single family homes while 6 of them are condos and 2 are townhomes. If you are the homeowner and looking to sell the home at 231 E Maple Ave Monrovia, CA 91016 contact Ardent Real Estate Group and we will put you in touch with one of our Monrovia agents.

Public Facts for 231 E Maple Ave

Public county record property details

Beds: 10
Baths: 5
Year built: 1963
Sq. Ft.: 4,625
Lot Size: 8,106
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 20
APN: 8515-018-050

The source for these homes facts are from public records.

91016 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,000,000

Median List Price/Sq.Ft.

$676

Median Sold Price

$745,000

Median Sold Price/Sq.Ft.

$564

Total Inventory

Median Sale to List Price %

103.47%

Avg Days on Market

Loan Type

Conventional (35.71%), FHA (0%), VA (0%), Cash (21.43%), Other (42.86%)

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(714) 706-1823

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