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$899,000
Est. payment /mo
6,541 Sqft Lot
UPDATED:
12/24/2024 01:08 AM
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRWS24220728
Style Craftsman
Originating Board California Regional MLS
Year Built 1910
Lot Size 6,541 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
Location
State CA
County Los Angeles
Area 639 - Monrovia
Rooms
Kitchen Other
Interior
Heating Wall Furnace
Cooling Window / Wall Unit
Laundry Gas Hookup, 30, Other, Washer, Dryer
Exterior
Parking Features Other
Garage Spaces 3.0
Pool None
Building
Story One Story
Water District - Public
Architectural Style Craftsman
Others
Tax ID 8517015018
Special Listing Condition Not Applicable
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Listed by CHRISTOPHER JOHNSON • LEE & ASSOC COMM R E SERV/PAS
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Sharad Gupta
Broker | License ID: 02213637
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