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239 E Olive AvenueMonrovia, CA 91016

For Sale

$875,000

Smart Buyer Rebate $8,750

Rare opportunity to own a duplex in near the heart of Monrovia, two blocks away from vibrant Myrtle Ave. Two separate homes on one lot with no common walls. Both the front and rear units are rented to long-term tenants paying below market rent. The front unit is a two level home with driveway parking. The rear unit is a single-level, 3 bedroom, 2 bathroom home with a detached garage which is currently being used for storage. The front unit is accessed from E. Olive Ave, while the rear unit features an oversized detached, two-car, garage accessible from the rear. Each unit is separately metered for gas and electricity. With significant upside potential, this is a great development opportunity.

Listed by Tom Safa

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License #01881300

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Safa Real Estate

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tom@safarealestate.com

Last updated November 16, 2025

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Source: CRMLS #AR25259449

Listing Facts

  • TypeMulti-family
  • NeighborhoodUpper San Gabriel Valley
  • Days on Prevu6

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

11/14/2025
Listed by Safa Real Estate
$875,000

Property Details for 239 E Olive Avenue

Association

Amenities

  • Community Features: Suburban

Exterior

Construction

  • Number Of Units Total: 2
  • Stories Total: 2
  • Year Built: 1920
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Entry Location: 1

Measurements

  • Building Area Total: 2,516
  • Building Area Units: Square Feet
  • Lot Features: Front Yard
  • Lot Size Acres: 0.18
  • Lot Size Area: 7,945
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 7,945
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Gross Income: $50,400.00
  • Operating Expense: $4,553.00

Taxes

  • Parcel Number: 8516028027

Other

Location

  • Tax Block: Q
  • Tax Lot: 22

Parking

Parking

  • Garage Spaces: 2
  • Garage: Yes
  • Parking Total: 2

Utilities

Equipment

  • Laundry Features: See Remarks
  • Water Source: Public

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.