Welcome to 228 W Olive Ave. Built in 1887, this Eastlake Victorian resides in one of Monrovia's most desired neighborhoods. Featuring 3 bedrooms and 2 bathrooms, a versatile guest house, and a spacious 3-car garage, the restored residence blends historic charm with modern amenities. Generously sized windows and high-beam ceilings allow natural light to abundantly fill the living room and bedrooms. Additional period details, such as custom woodwork and original hardwood floors, impressively convey the grandeur of the Victorian era. Other home improvements include a reinforced sister-wall foundation, a new HVAC system, and a wonderfully restored front porch. The professionally landscaped backyard is an entertainer's dream with its large deck and stone patio perfectly shaded by mature trees and surrounded by lush plantings. The recently updated guest house, complete with a full kitchen and bathroom, features new flooring, stainless steel appliances, and a new bathroom vanity, mirror, and lighting. In 2019, the City of Monrovia historically landmarked the property and awarded a Mills Act contract, providing significant property tax savings. Located near the shops and restaurants of Downtown Monrovia, this home combines modern convenience with historical character and that small-town feel.
Sold for $1,298,000
Listed by: COMPASS • Megan Ferrell • Contact: 626-390-3831
Bought with: Rodeo Realty
$1,298,000
228 W Olive Ave, Monrovia, CA 91016
3beds
1,553sqft
Single Family Residence
Built in 1887
8,060 Square Feet Lot
$1,335,500 Zestimate®
$836/sqft
$4,718 Estimated rent
Home value
$1,335,500
$1.23M - $1.46M
$4,718/mo
Zestimate® history
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List your homeWhat's special
Historic charmHistorical characterMature treesFull kitchenSmall - townLocated near the shopsModern convenience
Zillow last checked:
Listing updated:
Listed by:
Megan Ferrell DRE #01705291 megan.ferrell@compass.com,
COMPASS
Bought with:
Daniel Wright, DRE #02026556
Rodeo Realty
Source: CRMLS,MLS#: P1-16897
Originating MLS: California Regional MLS (Ventura & Pasadena-Foothills AORs)
Originating MLS: California Regional MLS (Ventura & Pasadena-Foothills AORs)Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 3/4 bathrooms: 1
Rooms
- Room types: Bathroom, Bedroom, Kitchen, Laundry, Living Room, Primary Bedroom, Dining Room
Primary bedroom
- Features: Primary Suite
Primary bedroom
- Features: Main Level Primary
Bedroom
- Features: Bedroom on Main Level
Bedroom
- Features: All Bedrooms Down
Bathroom
- Features: Bathtub, Tile Counters, Tub Shower
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Freezer, Gas Range, Refrigerator, Tankless Water Heater
- Laundry: Laundry Room
Features
- Crown Molding, Separate/Formal Dining Room, High Ceilings, Paneling/Wainscoting, All Bedrooms Down, Bedroom on Main Level, Jack and Jill Bath, Main Level Primary, Primary Suite
- Flooring: Tile, Wood
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 1,553 sqft
Property
Parking
- Total spaces: 3
- Parking features: Door-Multi, Garage
- Garage spaces: 3
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck, Front Porch
- Pool features: None
- Spa features: None
- Fencing: Wood
- Has view: Yes
- View description: Mountain(s)
Lot
- Size: 8,060 Square Feet
- Features: Sprinklers In Rear, Sprinklers In Front
Details
- Parcel number: 8516034009
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Victorian
- Property subtype: Single Family Residence
Materials
- Roof: Composition,Shingle
Condition
- Year built: 1887
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Curbs, Sidewalks
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
Location
- Region: Monrovia
Financial & listing details
- Price per square foot: $836/sqft
- Tax assessed value: $1,323,960
- Annual tax amount: $17,635
- Date on market: 3/19/2024
- Cumulative days on market: 12 days
- Listing terms: Cash,Cash to New Loan,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 4/16/2024 | Sold | $1,298,000$836/sqft |
Source:  CRMLS #P1-16897 Report a problem | ||
| 3/31/2024 | Pending sale | $1,298,000$836/sqft |
Source: CRMLS #P1-16897 Report a problem | ||
| 3/19/2024 | Listed for sale | $1,298,000+87.3%$836/sqft |
Source: CRMLS #P1-16897 Report a problem | ||
| 11/22/2016 | Sold | $693,000-0.9%$446/sqft |
Source: Public Record Report a problem | ||
| 9/13/2016 | Pending sale | $699,000$450/sqft |
Source: CENTURY 21 Golden Realty #316007435 Report a problem | ||
| 9/12/2016 | Listed for sale | $699,000$450/sqft |
Source: CENTURY 21 Golden Realty #316007435 Report a problem | ||
| 8/24/2016 | Pending sale | $699,000$450/sqft |
Source: CENTURY 21 Golden Realty #316007435 Report a problem | ||
| 8/12/2016 | Listed for sale | $699,000+9.2%$450/sqft |
Source: CENTURY 21 Golden Realty #316007435 Report a problem | ||
| 6/16/2006 | Sold | $640,000+128.6%$412/sqft |
Source: Public Record Report a problem | ||
| 2/8/2002 | Sold | $280,000+7.7%$180/sqft |
Source: Public Record Report a problem | ||
| 5/6/1999 | Sold | $260,000$167/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $17,635 +170.8% | $1,323,960 +182.8% |
| 2024 | $6,512 +46.8% | $468,119 +52% |
| 2023 | $4,436 +11% | $308,000 +11.2% |
| 2022 | $3,995 +4.3% | $277,000 +3.7% |
| 2021 | $3,832 +11.6% | $267,000 +9.9% |
| 2020 | $3,435 | $243,000 |
| 2019 | $3,435 -4.5% | $243,000 -6.5% |
| 2018 | $3,598 | $260,000 -62.5% |
| 2017 | $3,598 -59.8% | $692,500 +71.9% |
| 2016 | $8,954 +67.2% | $402,825 +1.5% |
| 2015 | $5,355 +3.3% | $396,775 +2% |
| 2014 | $5,185 | $389,004 +2.5% |
| 2012 | -- | $379,655 +2% |
| 2011 | -- | $372,212 +0.8% |
| 2010 | -- | $369,431 -0.2% |
| 2009 | -- | $370,310 +29% |
| 2008 | -- | $287,089 -56% |
| 2007 | -- | $652,800 +115.7% |
| 2006 | -- | $302,684 |
| 2005 | -- | $302,684 +4% |
| 2004 | -- | $290,932 +1.9% |
| 2003 | -- | $285,600 +3.5% |
| 2002 | -- | $275,912 +4% |
| 2000 | -- | $265,200 |
Find assessor info on the county website
Neighborhood: 91016
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Nearby schools
GreatSchools rating
- 6/10Monroe Elementary SchoolGrades: K-6Distance: 0.3 mi
- 6/10Santa Fe Computer Science MagnetGrades: 7-8Distance: 0.9 mi
- 7/10Monrovia High SchoolGrades: 9-12Distance: 0.8 mi
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Estimated market value
$1,335,500
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Estimated market value
$1,335,500
- California
- Los Angeles County
- Monrovia
- 91016
- 228 W Olive Ave
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