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Sold on 12/04/2025
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307 E Olive, Monrovia, CA 91016

$1,023,000

Last sold 12/04/2025 after 70 Days

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    bed

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    bath

Multi-family not for sale

About 307 E Olive

Property type Multi-family
Year built 1918
HOA fee $0/month
Lot size 8,000 Sqft
Rental estimate
Property description
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.
Listed by
Listing Agent - Doris Requena Casas
Listing Agent Contact: 818-523-6951
Listing Office - Keller Williams Luxury
Source: CRMLS mls logo
MLS#SR25226060 • last updated 10 months ago
Movoto checked CRMLS for data 6 minutes ago
Overview
Levels/Style One
Type Residential Income
SubType Triplex
Status Closed
Lot Size (Acres) 0.1837
Lot Size (SqFt) 8000
Year Built 1918
Interior
Laundry Outside
Accessibility Features Grab Bars In Bathroom(s), Parking
Exterior
Foundation Raised
Building Area Square Feet, 2079
Roof Shingle
Parking Paved, On Site, Oversized, Shared Driveway
# Uncovered Spaces 6
# Parking Spaces 6
Lot Description 2-5 Units/Acre
Amenities / Utilities
Fireplaces None
Sewer/ Septic Public Sewer
Water Source Public
Pool None
Location
View Mountain(s), Neighborhood
County Los Angeles
Community Features Urban
Directions Off Of Myrtle And Olive.
APN 8516029012
Multifamily Details
Expense: Trash 4873.8
Total Expenses 8329.8
Expense: Electric 3456
Lot/ Land Details
Road Frontage City Street
Road Surface Paved
We are not permitted to show value estimates for this property.
  • Dec 2025
    mls logo MLS # SR25226060
  • Dec 4, 2025 Sold
    $1,023,000 (-0.5%)
  • Oct 24, 2025 Active
    —
  • Sep 25, 2025 Listed
    $1,199,999
  • Dec 2025
    Public Records
  • Dec 4, 2025 Sold
    $1,028,000 (-14.3%)
  • Year Property taxes Tax assessment
  • 2024
    $4,979 +2.1%
    $300,222 +2.0%
  • 2023
    $4,877 +2.7%
    $294,336
  • 2022
    $4,750 +2.0%
    $294,336 +4.04%
  • 2021
    $4,654 +2.6%
    $282,907
  • 2020
    $4,535 +6.2%
    $282,907 +3.06%
  • 2018
    $4,271 +1.8%
    $274,518 +4.04%
  • 2017
    $4,197 +2.3%
    $263,860 +2.0%
  • 2016
    $4,104 +2.1%
    $258,687
  • 2015
    $4,021
    —
  • 307 E Olive
    $1.02M
  • $1.09M
  • 91016
    $1.03M +1% y/y
  • Monrovia
    $1.03M +1% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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CRMLS Multiple Listing Service™ system
The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
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