1402 South Alta Vista Avenue

Monrovia, CA 91016

$3,088,000
Last Sold Price
9
Beds
12
Baths
4,982 Sq. Ft.
$620 / Sq. Ft.
4,982
Sq. Ft.
$620
per Sq. Ft.

Description

This is an exclusive opportunity to acquire 1402-1408 S. Alta Vista Ave. Monrovia, 4 Units CONDOMINIUMS, currently all leased out as income property. All units have 3 bedrooms & 2.5 baths and was recently built in 2019. Each unit has its own private 2 car garage with gated access. The kitchens feature stainless steel dishwasher and range and modern style cabinets. Spacious living area and each unit either has its own private yard or private balcony space. Long term, stable and high quality tenants....This is an exclusive opportunity to acquire 1402-1408 S. Alta Vista Ave. Monrovia, 4 Units CONDOMINIUMS, currently all leased out as income property. All units have 3 bedrooms & 2.5 baths and was recently built in 2019. Each unit has its own private 2 car garage with gated access. The kitchens feature stainless steel dishwasher and range and modern style cabinets. Spacious living area and each unit either has its own private yard or private balcony space. Long term, stable and high quality tenants. Great location, convenient to freeways, major hospitals, restaurants, supermarkets and City parks. Low maintenance income property. Tenant pays for all utilities, including trash. The condos are subdivided and the sale comes with 4 APNs, which can be sold individually in the future.
  1. Listed by Janet Chan • DRE #01818618 • Brokerage DRE #01899892 • Advanta Properties, Inc

Property Details for 1402 South Alta Vista Avenue

Parking Spaces Total
8
Private Pool
No
Cooling Type
Central Forced Air
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
4982
Assessor Parcel Number
8508-003-071

Location

Listing Courtesy of Advanta Properties, Inc, Janet Chan, DRE #01818618

Sold By Keller Williams Realty, Joycelynn Tan, DRE #02083894

Add your commute
LISTING UPDATED: 06/29/2023 05:43 AM

Property Details for 1402 South Alta Vista Avenue

StatusClosed
MLS #AR23095521
Days on Market14
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2019
CountyLos Angeles County

Location

Listing Courtesy of Advanta Properties, Inc, Janet Chan, DRE #01818618

Sold By Keller Williams Realty, Joycelynn Tan, DRE #02083894

Add your commute

Building Information for 1402 South Alta Vista Avenue

Building/Complex1402 S Alta Vista AveFloor-Stories3Residences-Pet Policy-Year Built2019Building Size-

Payment Calculator

$17,174 per month

30 year fixed, 7.25% Interest

Principal and Interest

$16,852

Property Taxes

$322

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1402 South Alta Vista Avenue

Rental Info
Rental Info
  • Tenant Pays: All Utilities, Trash Collection
Income / Expense / Tax Details
Income Details
  • Gross Income: $163,800
  • Gross Scheduled Income: $163,800
  • Net Operating Income: $144,445
  • Financing: Cash
Expense Details
  • Operating Expense: $19,355
  • Gardener Expense: $720
  • Fuel Expense: $0
  • Electric Expense: $91
  • Insurance Expense: $2,199
  • Maintenance Expense: $530
  • Other Expense: $14,921
  • Other Expense Description: Taxes 22
  • Trash Expense: $0
  • Water Sewer Expense: $894
  • Total Expenses: $19,355
Tax / Assessment Info
  • Tax Tract Number: 0
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 0
Community / Development
Community / Development
  • Community Features: Curbs
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Central Air
Exterior Features
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Additional Parcels Description: 8508003072, 8508003073, 8508003074
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two, Multi/Split
  • Water: Public
  • Sewer: Sewer Paid
  • Sewer/Septic: Sewer Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 8
  • Parking Garage Spaces: 8
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $6,550
  • Unit Type Total Rent: $6,550
  • Unit Type Pro Forma: 6850
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $3,300
  • Unit Type Total Rent: $3,300
  • Unit Type Pro Forma: 3400
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $3,350
  • Unit Type Total Rent: $3,350
  • Unit Type Pro Forma: 3400
  • Unit Type Type: 3
Unit Information
  • Number Of Units Leased: 4
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 5
  • Number With Dishwasher: 4
  • Number With Range: 4
  • Number With Disposal: 4

Property History for 1402 South Alta Vista Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1402 South Alta Vista Avenue

Taxable ValueLand$153,382Additions$115,024Total$268,406
Tax Record2023$3,865 ($322 / month)
Home Facts
Beds3Total Finished SqFt970 SqFtAbove Grade Finished SqFt970 SqFtLot Size8,744 SqFtStyleCondominiumYear Built2019ZoningMORH*CountyLOS ANGELESAPN8508-003-071

Schools near 1402 South Alta Vista Avenue

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 - 9 to 12
Rating
School
Distance
Bradoaks Elementary School
PublicK to 5

Santa Fe Computer Science Magnet
Public6 to 8

Monrovia High School
Public9 to 12

Canyon Oaks High School
Public9 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

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

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 Advanta Properties, Inc, Janet Chan, DRE #01818618

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.