425 East Walnut Avenue
$899,000
3
3
1,355
1,355
$663
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...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.
- Listed by CHRISTOPHER JOHNSON • DRE #01934154 • Brokerage DRE #01934154 • LEE & ASSOC COMM R E SERV/PAS • pas_admin@lee-associates.com
Property Details for 425 East Walnut Avenue
Architectural Style
Craftsman
Parking Spaces Total3
Private PoolNo
Cooling TypeWall/Window
Total Units2.0
Building TypeDetached
Lot Size SourceAssessor
Living Area1355
LISTING UPDATED: 11/26/2024 05:25 AM
Property Details for 425 East Walnut Avenue
Status | Active |
---|---|
MLS # | WS24220728 |
Days on Market | 33 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1910 |
Lot Size | 0.15 AC / 6,541 SF |
County | Los Angeles County |
Building Information for 425 East Walnut Avenue
Stories1Residences-Year Built1910Building Size-Lot Size0.15 AC / 6,541 SF
Property Information for 425 East Walnut Avenue
Property History for 425 East Walnut Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 425 East Walnut Avenue
Taxable ValueLand$30,228Additions$45,910Total$76,138
Tax Record2024$1,706 ($142 / month)
Home Facts
Total Finished SqFt1,355 SqFtAbove Grade Finished SqFt1,355 SqFtLot Size6,549 SqFtStyleDuplexYear Built1910ZoningMORM*CountyLOS ANGELESAPN8517-015-018
Schools near 425 East Walnut Avenue
This home is within Monrovia Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 12 |
Rating | School | Distance |
---|---|---|
Wild Rose Elementary School PublicK to 5 | ||
Clifton Middle School Public6 to 8 | ||
Monrovia High School Public9 to 12 | ||
Mountain Park School PublicK to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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