425 E Walnut Avenue
Monrovia, CA 91016
- – beds
- – baths
- – sqft
- 6,541 sqft lot
- 1910 build
- – on site
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 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.
Last checked:
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Last updated Jan 17, 2025
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MLS# WS24220728 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1910
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Year Built Source:Assessor
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New Construction:No
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Building Area Total:1355.00
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Building Area Units:Square Feet
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Total Number Of Units:2
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# of Buildings:2
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Architectural Style:Craftsman
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Stories Total:1
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Entry Level:1
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Common Walls:No Common Walls
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# of Separate Gas Meters:2
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# of Separate Water Meters:1
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# of Separate Electric Meters:2
Interior
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Features:Ceiling Fan(s)
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Levels:One
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Entry Location:front door
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Room Type:Basement
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Laundry:Dryer Included, Gas Dryer Hookup, Outside, Washer Hookup, Washer Included
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Laundry:1
Location
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Directions:Exit the 210 Freeway Myrtle Ave. Exit and head North onto S Myrtle Ave. and make a rigth turn onto E Walnut Ave.
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Latitude:34.14395200
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Longitude:-117.99382100
The Property
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Property Type:Residential Income
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Subtype:Duplex
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Zoning:MORM*
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Lot Features:Lot 6500-9999
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Lot Size Area:6541.0000
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Lot Size Acres:0.1502
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Lot Size SqFt:6541.00
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Lot Size Source:Assessor
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Fencing:Wood
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Fence:Yes
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Additional Parcels:No
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Other Structures:Shed(s), Storage
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Block:17
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Tax Census Tract:4311.00
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Tax Lot:18
The Listing
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Special Listing Conditions:Standard
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Parcel Number:8517015018
Heating & Cooling
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Heating:1
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Heating:Wall Furnace
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Cooling:Yes
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Cooling:Wall/Window Unit(s)
Utilities
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:6 Burner Stove
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Included:Yes
The Community
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Features:Biking, Foothills, Hiking, Horse Trails, Mountainous
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Association:No
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Pool:None
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Senior Community:No
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Private Pool:No
Parking
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Parking:Yes
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Parking:Driveway
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Parking Spaces:3.00
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Uncovered Spaces:3.00
Extra Units
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Average 1 Bed Area:355
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Average 2 Bed Area:1000
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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12/23/24
Dec 23, 2024
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Listed / Active | CRMLS_CA | $899,000 | |
|
12/10/24
Dec 10, 2024
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Sold Subject To Contingencies | CRMLS_CA | $899,000 | |
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11/26/24
Nov 26, 2024
|
Listed / Active | CRMLS_CA | $899,000 |
