713 W Colorado Blvd, Monrovia, CA 91016
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713 W Colorado Blvd Monrovia, CA 91016

$1,095,000
  • 4 Beds
  • 2 Baths
  • 1,544 Sq.Ft.
For Sale
$1,095,000 Get Pre-Qualified

Map preview of 713 W Colorado Blvd, Monrovia, CA 91016

Property Overview: 713 W Colorado Blvd Monrovia, CA has 4 bedrooms, 2 bathrooms, 1,544 living square feet and 7,472 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Trust Sale. No Court confirmation required. For Sale after 43 years! Rare opportunity to own a Duplex approx. 1,544 Sq. ft. on a large lot approx.7,470 sq. ft., zoned MORM, located in the City of Monrovia, just north of the I-210, bordering Arcadia. Potential for future development. Each unit is a 2 bed 1 bath unit with washer & dryer hook ups in each unit and are separately metered for gas & electricity. 2 car garage and shed at the backyard. Sold AS IS & Where IS. Buyer to assume all responsibilities. Minutes away from schools, restaurants, shopping center, entertainment, and I-210. Seller will not be responsible for any repairs, inspection reports, termite work, and mandatory government retrofit requirements prior to close. Buyer to conduct their own investigations and assume all responsibilities for making the necessary repairs to the property. Seller is an independent fiduciary, not related to the family, and cannot make any representations as to the condition, history of the subject property.

Listed by Vineendra Jain | BRE #01413466 | Ingenious Asset Group, Inc.
Last checked: 7 minutes ago | Last updated: September 3rd, 2024 | Source CRMLS | DOM: 90

Home details

Lot Sq. Ft
7,472
HOA Dues
$0/mo
Year built
1952
Garage
1 Car
Property Type:
Multi Family
Status
Active
MLS#
24405857
City
Monrovia
County
Los Angeles
Time on Site
91 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,425
  • Total Rent: $2,850
  • Pro Forma/Market Rent: $2,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 32.02
  • Gross Scheduled Income: --
  • Net Operating Income: $13,865
  • Gross Operating Income: $34,200
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 713 W Colorado Blvd

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included, Inside
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Living Room
Kitchen Information
  • Has Appliances
  • Dishwasher, Microwave, Refrigerator, Gas Range
Interior Features
  • Ceiling Fan(s)
  • Levels: One
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Shingle
  • Rain Gutters
  • Other Structures: Shed(s)
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 1
  • Has Parking
  • Parking Features: Assigned, Garage - Single Door
Lot Information
  • Lot Features: Back Yard, Front Yard, Lawn, Rectangular Lot
  • Lot Size Source: Assessor
Property Information
  • Has View
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 8505023003
  • Year Built Source: Assessor
  • Architectural Style: Traditional
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
  • Water Source: Public
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: North of I-210, South of W Foothill Blvd, East of N 2nd Ave, and West of S Myrtle Ave
View more facts & features

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Sale History for 713 W Colorado Blvd

Last sold on December 30th, 2014
  • July, 2024

  • Jul 31, 2024

    Date

    Expired

    CRMLS: SR24086672

    $1,095,000

    Price

  • May 1, 2024

    Date

    Active

    CRMLS: SR24086672

    $1,095,000

    Price

  • Listing provided courtesy of CRMLS

    Trust Sale. No Court confirmation required. For Sale after 43 years! Rare opportunity to own a Duplex approx. 1,544 Sq. ft. on a large lot approx. 7,470 sq. ft., zoned MORM, located in the City of Monrovia, just north of the I-210, bordering Arcadia. Potential for future development. Each unit is a 2 bed 1 bath unit with washer & dryer hook ups in each unit and are separately metered for gas & electricity. 2 car garage and shed at the backyard. Sold AS IS & Where IS. Buyer to assume all responsibilities. Minutes away from schools, restaurants, shopping center, entertainment, and I-210. Seller will not be responsible for any repairs, inspection reports, termite work, and mandatory government retrofit requirements prior to close. Buyer to conduct their own investigations and assume all responsibilities for making the necessary repairs to the property. Seller is an independent fiduciary, not related to the family, and cannot make any representations as to the condition, history of the subject property.

  • June, 2024

  • Jun 19, 2024

    Date

    Active

    CRMLS: 24405857

    $1,095,000

    Price

  • December, 2014

  • Dec 30, 2014

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 713 W Colorado Blvd

Assessed Value (2020): $158,045
Year Land Value Improved Value Assessed Value
2020 $49,939 $108,106 $158,045

Home Value Compared to the Market

This property vs the competition

713 W Colorado Blvd is listed 4.29% higher than the median list price for the city of Monrovia which has a median list price of $1,050,000. The median price per/sqft for Monrovia is $676 and this home is listed at $709.2 per/sqft which puts the price per square foot 4.91% higher than the median price per square foot for the city of Monrovia.

About 713 W Colorado Blvd

Detailed summary of property

713 W Colorado Blvd is a multi family located in Monrovia, CA 91016 and is currently for sale. This multi family property offers 4 bedrooms, 2 bathrooms, roughly 1,544 living square feet, and sits on an approximately 7,472 square foot lot. 713 W Colorado Blvd was first listed on ArdentRealEstateGroup.com on June 19, 2024. The homeowner is currently asking $1,095,000. The median priced home in Monrovia is $1,050,000 with a median price per square foot of $676. Based on Ardent Real Estate Group's Monrovia Market Data, this home is listed 4.29% higher than the median priced home. Local competing homes currently for sale include 660 E 6th St, 895 N Euclid Ave and 110 E Washington Blvd. While the average home in Monrovia, CA is selling in 45 days, 713 W Colorado Blvd has a days on market of 90 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. For more information on this home for sale at 713 W Colorado Blvd Monrovia, CA 91016 contact Ardent Real Estate Group and we will put you in touch with one of our Monrovia agents.

Public Facts for 713 W Colorado Blvd

Public county record property details
Beds
4
Baths
2
Year built
1952
Sq. Ft.
1,544
Lot Size
7,470
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
3
APN
8505-023-003

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
$1,050,000
Median List Price/Sq.Ft.
$670
Median Sold Price
$745,000
Median Sold Price/Sq.Ft.
$564
Total Inventory
69
Median Sale to List Price %
103.47%
Avg Days on Market
32
Loan Type
Conventional (35.71%), FHA (0%), VA (0%), Cash (21.43%), Other (42.86%)

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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.