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 on 04/16/24
Listing Provided by:
Megan Ferrell DRE #01705291 megan.ferrell@compass.com,
COMPASS
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
$1,312,500 Zestimate®
$836/sqft
$4,142 Estimated rent
Home value
$1,312,500
$1.22M - $1.42M
$4,142/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: April 17, 2024 at 02:12am
Listing Provided 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
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 sqft
- 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 & neighborhood
Security
- Security features: Carbon Monoxide Detector(s), Smoke Detector(s)
Community
- Community features: Curbs, Sidewalks
Location
- Region: Monrovia
Other
Other facts
- 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 | ||
| 3/31/2024 | Pending sale | $1,298,000$836/sqft |
Source: CRMLS #P1-16897 | ||
| 3/19/2024 | Listed for sale | $1,298,000+87.3%$836/sqft |
Source: CRMLS #P1-16897 | ||
| 11/22/2016 | Sold | $693,000-0.9%$446/sqft |
Source: Public Record | ||
| 9/13/2016 | Pending sale | $699,000$450/sqft |
Source: CENTURY 21 Golden Realty #316007435 | ||
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% |
Find assessor info on the county website
Neighborhood: 91016
Nearby schools
GreatSchools rating
- 6/10Monroe Elementary SchoolGrades: K-5Distance: 0.2 mi
- 6/10Santa Fe Computer Science MagnetGrades: 6-8Distance: 0.9 mi
- 8/10Monrovia High SchoolGrades: 9-12Distance: 0.8 mi
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Estimated market value
$1,312,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,312,500