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$ 899,000
Est. payment /mo
Active
425 E Walnut Avenue Monrovia, CA 91016
3 Beds
1,355 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,355 sqft
Price per Sqft $663
MLS Listing ID CRWS25068327
Bedrooms 3
HOA Y/N No
Year Built 1910
Lot Size 6,541 Sqft
Acres 0.15
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
Zoning MORM
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Laundry Dryer, Washer
Exterior
Exterior Feature Other
Utilities Available Sewer Connected
Total Parking Spaces 3
Building
New Construction No
Others
Tax ID 8517015018
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Listed by CHRISTOPHER JOHNSON • LEE & ASSOC COMM R E SERV/PAS