425 E Walnut Ave, Monrovia, CA 91016 | Closed

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Off-Market Call for Pricing

Call for Pricing
  • (0)
  • Unknown Bedrooms
  • Unknown Bathrooms
  • Unknown Sq Ft
  • 6,541 Sq Ft
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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!

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


The income description goes here to explain

Expenses

Property Details

List Price $899,000
Property Type Duplex (2-units)
Usable Sqft Unknown
Number of Stories 1 stories
Parking Spots 0 spots
Year Built 1910
Last Sold September 10, 2025
Sold Price 850,000
APN # 8517015018
MLS # WS25068327
Property ID 321399053
Lot Sqft 6,541
Zoning MORM*
Total Units 2
Applicances Dryer,Washer%
Date Updated September 15, 2025
Date Created March 28, 2025
Unit # Beds Baths Current Rent Proforma Rent
Unit #1 $3,675 $0
Net Income (Yr) $ 27,370
Cap Rate3.04%

Listing Provided By

Shao Chen an agent of . Lic #01923629


© 2025 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of September 15, 2025 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.



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