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251 Olive St, Claremont, CA 91711
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251 Olive St Claremont, CA 91711

$1,068,000 Sold Price as of 04/26/2023
  • 5 Beds
  • 3 Baths
  • 2,044 Sq.Ft.
Sold
$1,068,000 Sold Price as of 04/26/2023 Refinance Your Mortgage
Map preview of 251 Olive St, Claremont, CA 91711

Property Overview: 251 Olive St Claremont, CA has 5 bedrooms, 3 bathrooms, 2,044 living square feet and 8,483 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Amazing opportunity to own a pristine duplex near Claremont Village. Situated on a large lot, these units are currently rented. The front unit is a 2-bedroom and 1 bath with a spacious kitchen, pantry and laundry room. The rear unit is a 3-bedroom and 2-bath, large living room with fireplace open to the dining area, spacious kitchen and laundry room. 3-car detached garage separates the 2 units. The front unit has a nice open patio and the back unit has a side yard and a nice backyard. Some of the upgrades include newer A/C at the front unit, both A/C units serviced recently, newer front drain lines, meters are separate, front unit re-roofed in 2002 and much more. Within close proximity to Claremont village, eateries, shopping, schools, Metro, parks and 210/10 freeways. Don’t miss this opportunity! Great investment for any buyer!

Listed by Sylva Khayalian | BRE #01323217 | Redfin Corporation
Last checked: 13 minutes ago | Last updated: June 5th, 2023 | Source CRMLS | DOM: 22

Home details

Lot Sq. Ft
8,483
HOA Dues
$0/mo
Year built
1933
Garage
3 Car
Property Type:
Duplex
Status
Sold
MLS#
PF23014934
City
Claremont
County
Los Angeles
Time on Site
401 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,150
  • Total Rent: $25,800
  • Pro Forma/Market Rent: $25,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,450
  • Total Rent: $29,400
  • Pro Forma/Market Rent: $29,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $55,200
  • Net Operating Income: $46,200
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $9,000
  • Electric: $600
  • Gas/Fuel: $2,400
  • Trash: $762
  • Insurance: $1,512
  • Water/Sewer: $1,800

Virtual Tour

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Property Details for 251 Olive St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central, Fireplace(s)
Laundry Information
  • Has Laundry
  • Gas & Electric Dryer Hookup, Individual Room
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Flooring: Concrete, Tile
  • Jack & Jill, Kitchen, Laundry, Living Room, Walk-In Pantry
Kitchen Information
  • Has Appliances
  • Built-In Range, Dishwasher, Gas Oven, Gas Range, Gas Cooktop, Microwave, Range Hood, Water Heater
Interior Features
  • Ceiling Fan(s), Copper Plumbing Full, Open Floorplan, Pantry, Stone Counters
  • Levels: One
Exterior Features
Exterior Information
  • Roof: Composition
  • Has Fence
  • Wood
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 7
  • Has Parking
  • Parking Features: Driveway, Garage, Garage - Two Door, Shared Driveway
Lot Information
  • Lot Features: Lawn, Sprinkler System, Walkstreet, Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 8313025021
  • Year Built Source: Public Records
  • Foundation Details: Raised
  • Property is not Attached
  • Offered With Property: Refrigerator, Washer, Dryer, Stove, Outdoor BBQ, Storage Shelves, Lighting Fixtures, Ceiling Fans, Built-in Appliances, Window & Door Screens, Window Covering, Air Coolers/Conditioners, Garage Door Opener/Remote, Mailbox,
  • Property Condition: Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Olive St. and Arrow Highway
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Claremont Agent

Sale History for 251 Olive St

Last sold for $1,068,000 on April 26th, 2023

  • April, 2023

  • Apr 26, 2023

    Date

    Sold

    CRMLS: PF23014934

    $1,068,000

    Price

  • Mar 15, 2023

    Date

    Active

    CRMLS: PF23014934

    $986,000

    Price

  • August, 2001

  • Aug 29, 2001

    Date

    Sold (Public Records)

    Public Records

    $175,000

    Price

Show More

Tax History for 251 Olive St

Assessed Value (2020): $345,232
Year Land Value Improved Value Assessed Value
2020 $202,612 $142,620 $345,232

Home Value Compared to the Market

This property vs the competition

251 Olive St sold on April 26, 2023 for 11.57% lower than the current median sold price for the city of Claremont which is $1,115,000. The median sold price per/sqft for Claremont is $465 and this home is sold at $482.39 per/sqft which puts the price per square foot 3.74% higher than the current median sale per square foot for the city of Claremont.

About 251 Olive St

Detailed summary of property

251 Olive St is a duplex that recently sold in Claremont, CA 91711. This duplex offered 5 bedrooms, 3 bathrooms, roughly 2,044 living square feet, and sits on an approximately 8,483 square foot lot. 251 Olive St was first listed on ArdentRealEstateGroup.com on March 16, 2023. The homeowner sold the property for $1,068,000. Home in Claremont are selling for a median price of $1,115,000 and a median price per square foot of $465. Based on Ardent Real Estate Group's Claremont Market Data, this home is sold 11.57% lower than the current median priced home. Local homes that are currently for sale include 1185 W Grand Blvd, 8529 Oleander Ave and 225 S Main St. While the average home in Claremont, CA is selling in 32 days, 251 Olive St has a days on market of 22 days. There are currently 73 homes for sale in the Claremont real estate market and 51 of them are single family homes while 4 of them are condos and 18 are townhomes. For more information on this home for sale at 251 Olive St Claremont, CA 91711 contact Ardent Real Estate Group and we will put you in touch with one of our Claremont agents.

Public Facts for 251 Olive St

Public county record property details
Beds
5
Baths
3
Year built
1933
Sq. Ft.
2,044
Lot Size
8,483
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
9
APN
8313-025-021

The source for these homes facts are from public records.

91711 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$965,000
Median List Price/Sq.Ft.
$493
Median Sold Price
$1,115,000
Median Sold Price/Sq.Ft.
$465
Total Inventory
74
Median Sale to List Price %
102.29%
Avg Days on Market
20
Loan Type
Conventional (26.09%), FHA (0%), VA (17.39%), Cash (39.13%), Other (17.39%)

Thinking of Selling?

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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