CA > Monrovia
Monrovia, CA 91016,425 E Walnut AVE
Monrovia, CA 91016,425 E Walnut AVE
Monrovia, CA 91016,425 E Walnut AVE
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$899,000
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1,355 SqFt
Active

425 E Walnut AVE Monrovia, CA 91016

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UPDATED:

10/30/2024 12:17 AM

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,355 sqft

Price per Sqft $663

MLS Listing ID WS24220728

HOA Y/N No

Year Built 1910

Lot Size 6,542 Sqft

Property Description

Welcome to 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. The current rental income is as follows: 2B1.5B Front House: $2175, 1B1B back unit: $1500.

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 commuting easy. The property is close to Monrovia?s charming restaurants, local bars, and plenty of shopping options, adding to the desirability for renters. The location is also near popular recreational sites like the Monrovia Canyon Park, the Santa Anita Racetrack, and the Westfield Santa Anita Shopping Mall, which contribute to the rising demand for rentals in this neighborhood.

Location

State CA

County Los Angeles

Area 639 - Monrovia

Zoning MORM*

Rooms

Other Rooms Shed(s), Storage

Ensuite Laundry Washer Hookup, Gas Dryer Hookup, Outside

Interior

Interior Features Ceiling Fan(s)

Laundry Location Washer Hookup,Gas Dryer Hookup,Outside

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Appliance 6 Burner Stove, Dryer, Washer

Laundry Washer Hookup, Gas Dryer Hookup, Outside

Exterior

Garage Driveway

Fence Wood

Pool None

Community Features Biking, Foothills, Hiking, Horse Trails, Mountainous

Parking Type Driveway

Total Parking Spaces 3

Private Pool No

Building

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Architectural Style Craftsman

Level or Stories One

Additional Building Shed(s), Storage

New Construction No

Others

Senior Community No

Tax ID 8517015018

Acceptable Financing Cash, Cash to New Loan

Horse Feature Riding Trail

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

Lease Land No

California Regional MLS (CRMLS)
Listed by CHRISTOPHER JOHNSON • LEE & ASSOC COMM R E SERV/PAS • pas_admin@lee-associates.com

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