425 E Walnut AVE Active

Monrovia,CA 91016

$ 899000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRWS24220728

Style Craftsman

Originating Board California Regional MLS

Year Built 1910

Lot Size 6,541 Sqft

Property Description

Back on the market! Owner is conducting approximately $40,000 worth of upgrades since we last fell out of escrow: full re-wire of both buildings, new sewer line system and cleanout replacements for both units, foundation reinforcement work and other small fixes. The property will be delivered with tenants in place. Both tenants are on month-to-month leases. The current rental income is as follows: 2B1.5B Front House: $2175, 1B1B back unit: $1500. 425 E Walnut Ave in Monrovia, CA. Built in 1910, this Craftsman-style property comprises a 2-bedroom, 1.5-bathroom main house with an additional office that can serve as a third bedroom, plus a detached 1-bedroom, 1-bathroom back unit, offering significant versatility for investors or owner-occupants. The main house and the back unit total approximately 1,355 rentable square feet on a parcel of ±6,539 square feet zoned RM3000/PUD. Both units feature washer and dryer hookups, and the property offers ample driveway parking for residents. The detached back unit also includes a private fenced yard, perfect for rental income or guest accommodations. Located in a desirable Monrovia neighborhood, just 3.5 blocks from the vibrant downtown area, this property is ideally situated with convenient access to the 210 and 605 Freeways, making

Location

State CA

County Los Angeles

Area 639 - Monrovia

Rooms

Kitchen Other

Interior

Heating Wall Furnace

Cooling Window / Wall Unit

Laundry Gas Hookup,30,Other,Washer,Dryer

Exterior

Parking Features Other

Garage Spaces 3.0

Pool None

Building

Story One Story

Water District - Public

Architectural Style Craftsman

Others

Tax ID 8517015018

Special Listing Condition Not Applicable

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