Monrovia, CA 91016,425 E Walnut AVE
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Monrovia, CA 91016,425 E Walnut AVE
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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425 E Walnut AVE Monrovia, CA 91016

6,542 Sqft Lot


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID WS25068327

HOA Y/N No

Year Built 1910

Lot Size 6,542 Sqft

Property Sub-Type Duplex

Property Description

This charming Craftsman-style Monrovia duplex is back and better than ever. Since its last market appearance, the property has undergone extensive upgrades including: full re-wiring of the front house (with permits), a major sewer line replacement of the front and rear unit (with permits), foundational beam and support work approved by a licensed contractor.

***The property will be delivered with tenants in place.*** Both tenants are on month-to-month leases. Front house is paying $2175/mo and back unit is paying $1500/mo.

This opportunity is perfect for investors looking for a value-add deal in non-rent controlled Monrovia (State rent control may still apply), buyer to investigate. Don't miss your chance at this upgraded and well-located income property just blocks from Downtown Monrovia!

Location

State CA

County Los Angeles

Area 639 - Monrovia

Zoning MORM*

Interior

Interior Features Attic

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Appliance Dryer, Washer

Exterior

Parking Features Driveway

Pool None

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

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Roof Type Shingle

Total Parking Spaces 3

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Architectural Style Craftsman

Level or Stories One

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


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

Zach Cummins

Real Estate Advisor | License ID: DRE 02083898

+1(360) 393-0217

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425 E Walnut AVE