$1,300,000
720 Ocean View, Monrovia CA 91016
Multi-Family (Duplex)
Property type
1 day
On market
$954
Price per sqft
0 cars
Garage
1922
Year built
9,005 sqft
Lot size
Home highlights
Open Houses
Overview
Rare North Monrovia Craftsman Duplex with Additional Bonus Space! Situated in one of North Monrovia's most desirable neighborhoods, this charming 1922 Craftsman property offers character, versatility, and investment potential just moments from Canyon Park, hiking trails, the Wilderness Preserve, and vibrant Old Town Monrovia. Rich in architectural detail, the front residence...
Listing provided by: Donna Baker DRE #01308772, JohnHart Corp., Gina Ammon DRE #01498679 626-408-1280, JohnHart Corp.
Listing updated: Jun 8, 2026 at 09:09pm.
Last checked: Jun 8, 2026 at 09:30pm
Source: CRMLS #AR26124600
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 1 | 1 | — | $2,700 | $2,700 | $2,700 | Unfurnished |
| 1 | 0 | 1 | — | $1,950 | $1,950 | $1,950 | Unfurnished |
# of Buildings: 1
# of Units Total: 2
Separate Electric Meters: 1
Separate Gas Meters: 2
Separate Water Meters: 1
Dishwasher: 2
Ranges: 2
Refrigerator: 2
Rent Control: No
Units Leased: 2
Total Actual Rent: $4,650
Tenant Pays: Cable Tv, Electricity, Gas, Telephone
Financial Snapshot
Gross Rent Multiplier
23.3x
List Price / Annual Gross Rent
Cap Rate
3.59%
NOI / List Price
Gross Scheduled Income: $55,800
Operating Expense: $9,133
Net Operating Income: $46,667
Annual Operating Expenses
Electric: $0
Gardener: $2,864
Fuel: $0
Insurance: $2,108
Maintenance: $1,422
Trash: $805
Water / Sewer: $1,934
Interior
Interior Features: Crown Molding, Recessed Lighting
Flooring: Laminate, Vinyl, Wood
Cooling: Central Air, Wall Window Units
Heating: Central
Appliances: Dishwasher, Gas Range, Refrigerator
Fireplace: Decorative, Living Room
Laundry: Laundry Room
Entry Location: 1
Exterior
Architectural Style: Craftsman
Property Attached: Yes
Stories Total: 1
Roof: Composition
Foundation: Raised
Construction Materials: Wood Siding
Common Walls: One Common Wall
Direction Faces: North
Lot Features: Back Yard, Front Yard, Lawn, Landscaped, Level, Near Park, Sprinkler System, Street Level
Pool: None
Water Source: Public
Sewer: Public Sewer
View: Mountains, Neighborhood
Garage and Parking
Parking: Converted Garage, One Space, Side By Side, Uncovered
Garage Spaces: 0
Parking Total: 0
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 8518042006
Additional Parcels: No
Tax Lot: 17
Tax Block: B
Community
Senior Community: No
Community Features: Foothills, Sidewalks, Park
Nearby Schools
Nearby schools around the 720 Ocean View, Monrovia, CA 91016. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,040,000
Total Interest
$1,326,463
Total Payment
$2,366,463
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$8,078
per month
Property History for 720 Ocean View
Monrovia Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 91016.
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