Unlock the possibilities at 307 E Olive Avenue, a classic 1918 triplex offering a rare chance to revive a true Monrovia charmer. The front residence is a charming Craftsman home featuring 3 bedrooms and 2 bathrooms, brimming with vintage character and architectural detail. Behind it are two additional 1-bedroom, 1-bath units, providing income potential or space for multi-generational living. Set on an expansive 8,000 square feet lot in the heart of Monrovia, this income-producing property blends vintage character. The property offers parking for up to 6 cars, a coveted amenity in this vibrant neighborhood. Just two blocks from vibrant Old Town Monrovia, enjoy boutique shopping, acclaimed dining, and lively Friday Night Street Fairs along Myrtle Avenue. Founded in 1887, Monrovia is celebrated as the fourth oldest city in Los Angeles County and is rich with architectural heritage. Outdoor enthusiasts will love nearby Monrovia Canyon Park, where oak-lined trails and cascading waterfalls showcase the natural beauty of the San Gabriel Mountains. The community has a highly regarded Monrovia Unified School District, including Wild Rose School of Creative Arts, Clifton Middle, and Monrovia High. Combining history, location, and multi-unit income potential, 307 E Olive Avenue presents an exceptional opportunity to restore and reimagine a piece of Monrovia’s enduring charm.
Sold for $1,023,000
Listed by: Keller Williams Luxury • Doris Requena Casas • Contact: 562-961-1400
Bought with: Coldwell Banker Realty
$1,023,000
307 E Olive Ave, Monrovia, CA 91016
5beds
4baths
2,079sqft
Triplex
Built in 1918
-- sqft lot
$1,226,400 Zestimate®
$492/sqft
$2,998 Estimated rent
Home value
$1,226,400
$1.12M - $1.34M
$2,998/mo
Zestimate® history
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List your homeWhat's special
Vintage characterArchitectural detail
Zillow last checked:
Listing updated:
Listed by:
Doris Requena Casas DRE #01827815 818-523-6951,
Keller Williams Luxury
Bought with:
Rick Cheng, DRE #01958923
Coldwell Banker Realty
Source: CRMLS,MLS#: SR25226060
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
Rooms
- Room types: Kitchen, Other
Other
- Features: Walk-In Closet(s)
Heating
- Wall Furnace
Cooling
- Wall/Window Unit(s)
Appliances
- Laundry: Outside
Features
- Walk-In Closet(s)
- Flooring: Carpet, Tile
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 2,079
- Total interior livable area: 2,079 sqft
Property
Parking
- Total spaces: 6
- Parking features: On Site, Oversized, Paved, Shared Driveway
- Uncovered spaces: 6
Accessibility
- Accessibility features: Grab Bars, Parking
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Pool features: None
- Has view: Yes
- View description: Mountain(s), Neighborhood
Lot
- Size: 8,000 Square Feet
- Features: 2-5 Units/Acre
Details
- Parcel number: 8516029012
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
- Attached to another structure: Yes
Materials
- Foundation: Raised
- Roof: Shingle
Condition
- New construction: No
- Year built: 1918
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Urban
Location
- Region: Monrovia
Financial & listing details
- Price per square foot: $492/sqft
- Tax assessed value: $306,225
- Annual tax amount: $5,102
- Date on market: 9/25/2025
- Cumulative days on market: 26 days
- Listing terms: Submit
- Total actual rent: 1350
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 12/4/2025 | Sold | $1,023,000-14.7%$492/sqft |
Source:  CRMLS #SR25226060 Report a problem | ||
| 10/24/2025 | Contingent | $1,199,999$577/sqft |
Source: CRMLS #SR25226060 Report a problem | ||
| 9/26/2025 | Listed for sale | $1,199,999+53233.3%$577/sqft |
Source: CRMLS #SR25226060 Report a problem | ||
| 9/30/2010 | Listing removed | $2,250$1/sqft |
Source: Superlative, Inc. #A10093209 Report a problem | ||
| 9/11/2010 | Listed for sale | $2,250$1/sqft |
Source: Superlative, Inc. #A10093209 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,102 +2.5% | $306,225 +2% |
| 2024 | $4,979 +2.1% | $300,222 +2% |
| 2023 | $4,877 +2.7% | $294,336 +2% |
| 2022 | $4,750 +2% | $288,565 +2% |
| 2021 | $4,654 +2.6% | $282,907 +1% |
| 2020 | $4,535 | $280,007 +2% |
| 2019 | $4,535 +6.2% | $274,518 +2% |
| 2018 | $4,271 | $269,136 +2% |
| 2017 | $4,271 +1.8% | $263,860 +2% |
| 2016 | $4,197 +2.3% | $258,687 +1.5% |
| 2015 | $4,104 +2.6% | $254,802 +2% |
| 2014 | $3,999 | $249,811 +4.5% |
| 2011 | -- | $239,028 +0.8% |
| 2010 | -- | $237,243 -0.2% |
| 2009 | -- | $237,807 +2% |
| 2008 | -- | $233,145 +4% |
| 2006 | -- | $224,093 |
| 2005 | -- | $224,093 +4% |
| 2004 | -- | $215,393 +1.9% |
| 2003 | -- | $211,446 +2% |
| 2002 | -- | $207,301 +4% |
| 2000 | -- | $199,253 |
Find assessor info on the county website
Neighborhood: 91016
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Nearby schools
GreatSchools rating
- 7/10Wild Rose Elementary SchoolGrades: K-6Distance: 0.4 mi
- 7/10Clifton Middle SchoolGrades: 7-8Distance: 0.3 mi
- 7/10Monrovia High SchoolGrades: 9-12Distance: 1.2 mi
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Estimated market value
$1,226,400
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Estimated market value
$1,226,400
- California
- Los Angeles County
- Monrovia
- 91016
- 307 E Olive Ave
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