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Off market
  • Tax assessed value
    $2,479,644

    227 N Mountain Ave, Monrovia, CA 91016

    16beds
    0baths
    10,824sqft
    MultiFamily
    Built in 1963
    -- sqft lot
    $-- Zestimate®
    $229/sqft
    $2,620 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $2,620/mo

    Zestimate® history
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    $15,652/mo

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    What's special

    We are pleased to exclusively offer for sale this RARE 8 Unit investment opportunity located in the city of Monrovia. Nestled in the far north-east corner of the city, minutes to city of Bradbury, this multi-family investment exhibits nothing less than a pride of ownership. With a unique unit mix of ALL 2 Bedroom / 1.75 Bathroom two-story townhouse style units, each with an average square footage of 1,353 SqFt, each unit offers an additional "bonus" room on the ground floor which could serve as a home office or a 3rd bedroom (offers a wardrobe closet.) Tenant amenities include; a private gated patio on the ground floor, a private balcony on the second floor, central A/C and heat, onsite laundry facility, and assigned onsite garage parking. Lot size equals over a 1/2 Acre and offers plush grounds, walkways, and landscaping. If you are looking for a unique investment, located in a top tier neighborhood, this is the one.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 16
    • Bathrooms: 0
    Heating
    • Forced air
    Cooling
    • Central
    Appliances
    • Laundry: Inside, Community
    Features
    • Common walls with other units/homes: 1 common wall
    Interior area
    • Total interior livable area: 10,824 sqft

    Property

    Parking
    • Total spaces: 13
    • Parking features: Garage - Attached
    Features
    • Levels: Two
    Lot
    • Size: 0.56 Acres
    • Features: Lot 20000-39999 Sqft, 6-10 Units/Acre
    Details
    • Parcel number: 8518035034
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1963

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Monrovia

    Financial & listing details

    • Price per square foot: $229/sqft
    • Tax assessed value: $2,479,644
    • Annual tax amount: $36,884

    Price history

    DateEventPrice
    3/1/2021Sold$2,040,000-30.3%$188/sqft
    Source: Public Record Report a problem
    9/19/2020Pending sale$2,925,000$270/sqft
    Source: RE/MAX 2000 #CV20184246 Report a problem
    9/4/2020Listed for sale$2,925,000$270/sqft
    Source: RE/MAX 2000 #CV20184246 Report a problem
    12/6/2018Listing removed$1,850
    Source: CENTURY 21 Adams & Barnes Report a problem
    11/28/2018Listed for rent$1,850
    Source: CENTURY 21 Adams & Barnes Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$36,884 +2.6%$2,479,644 +2%
    2024$35,945 +2.2%$2,431,025 +2%
    2023$35,180 +2.8%$2,383,359 +2%
    2022$34,219 +136%$2,336,627 +198.1%
    2021$14,500 +2.4%$783,960 +1%
    2020$14,165 $775,923 +2%
    2019$14,165 +4.7%$760,710 +2%
    2018$13,529 $745,795 +2%
    2017$13,529 +1.9%$731,173 +2%
    2016$13,275 +2.6%$716,837 +1.5%
    2015$12,940 +2.3%$706,071 +2%
    2014$12,648 $692,241 +5%
    2009-- $658,970 +2%
    2008-- $646,050 +2%
    2007-- $633,383 +2%
    2006-- $620,964 +4%
    2004-- $596,853 +1.9%
    2003-- $585,915 +2%
    2002-- $574,428
    Find assessor info on the county website

    Neighborhood: 91016

    Nearby schools

    GreatSchools rating