425 E Walnut AVE Active Save Request In-Person Tour Request Virtual Tour
Monrovia,CA 91016
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
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