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$ 899,000
Est. payment /mo
Active
425 E Walnut AVE Monrovia, CA 91016
6,541 Sqft Lot
UPDATED:
01/09/2025 03:33 PM
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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Listed by CHRISTOPHER JOHNSON • LEE & ASSOC COMM R E SERV/PAS