713 West Colorado Boulevard

Monrovia, CA 91016

$1,095,000
Price
2
Beds
2
Baths
1,544 Sq. Ft.
$709 / Sq. Ft.
1,544
Sq. Ft.
$709
per Sq. Ft.

Description

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....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.
  1. Listed by Vinny Jain • DRE #01413466 • Brokerage DRE #01905917 • Ingenious Asset Group, Inc. • 310-433-6214

Property Details for 713 West Colorado Boulevard

Architectural Style
Traditional
Parking Spaces Total
2
Private Pool
No
Cooling Type
Wall/Window
Total Units
2.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
1544

Open Houses

Sunday, May 19th

1:00 PM - 4:00 PM

PublicView Details

Location

Listing Courtesy of Ingenious Asset Group, Inc., Vinny Jain, DRE #01413466
Add your commute
LISTING UPDATED: 05/09/2024 01:14 PM

Property Details for 713 West Colorado Boulevard

StatusActive
MLS #SR24086672
Days on Market17
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1952
Lot Size0.17 AC / 7,472 SF
CountyLos Angeles County

Location

Listing Courtesy of Ingenious Asset Group, Inc., Vinny Jain, DRE #01413466
Add your commute

Building Information for 713 West Colorado Boulevard

Stories1Residences-Year Built1952Building Size-Lot Size0.17 AC / 7,472 SF

Payment Calculator

$6,217 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,976

Property Taxes

$241

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 713 West Colorado Boulevard

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $32,490
  • Gross Scheduled Income: $34,200
  • Net Operating Income: $13,865
Expense Details
  • Operating Expense: $18,625
  • Insurance Expense: $1,000
  • Trash Expense: $1,100
  • Total Expenses: $18,625
Tax / Assessment Info
  • Tax Tract Number: 7547
  • Tax Census Tract: 4310.03
  • CFD/Mello-Roos Fee: $772
  • Tax Lot: 3
Community / Development
Community / Development
  • Community Features: Gutters, Sidewalks
Property / Structure Info
Interior Features
  • Appliances: Dishwasher, Gas Range, Range Hood, Refrigerator
  • Equipment: Dishwasher, In Kitchen, Refrigerator
  • Interior Features: Ceiling Fan(s), Recessed Lighting
  • Room Type: Living Room
  • Laundry: Yes
  • Laundry Features: In Kitchen
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Wall/Window Unit(s)
  • Heating Type: Electric, Wall
  • Heat Source: Electric
  • Heating: Electric, Wall Furnace
  • Flooring: Tile
Exterior Features
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Construction Materials: Frame, Stucco
  • Exterior Construction: Frame, Stucco
  • Exterior: Stucco
  • Exterior Features: Rain Gutters
  • Roof: Shingle
  • Entry Location: Living Room
  • Fence: Yes
  • Fence: Wood
  • Fencing: Wood
  • Other Structures: Shed(s)
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: Front Yard, Lawn, Level with Street, Rectangular Lot, Walkstreet
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Topography: Level
  • Road Frontage Type: City Street
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Electric: Electricity Available, Sewer Available, Water Available
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking: Yes
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
  • Parking Features: Covered
Unit Information
Unit 1
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,425
  • Unit Type Total Rent: $2,850
  • Unit Type Pro Forma: 4400
  • Unit Type Type: 1
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2

Property History for 713 West Colorado Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 713 West Colorado Boulevard

Taxable ValueLand$52,494Additions$113,637Total$166,131
Tax Record2023$2,892 ($241 / month)
Home Facts
Total Finished SqFt1,544 SqFtAbove Grade Finished SqFt1,544 SqFtLot Size7,470 SqFtStyleDuplexYear Built1952ZoningMORM*CountyLOS ANGELESAPN8505-023-003

Schools near 713 West Colorado Boulevard

This home is within Monrovia Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Monroe Elementary School
PublicK to 5

Santa Fe Computer Science Magnet
Public6 to 8

Monrovia High School
Public9 to 12

Mountain Park School
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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713 West Colorado Boulevard is a multi-family home for sale in Monrovia, CA 91016. This property was listed for sale on May 1, 2024 by Ingenious Asset Group, Inc., it's currently listed at $1,095,000. This listing's school district is Monrovia Unified School District. Nearby schools include Monroe Elementary School, Santa Fe Computer Science Magnet and Monrovia High School. 713 West Colorado Boulevard is a 2-bed, 2-bath, 1,544 sqft multi-family home built in 1952.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Ingenious Asset Group, Inc., Vinny Jain, DRE #01413466

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.