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!
***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!
Property Details
Price:
$899,000
MLS #:
WS25068327
Status:
Active Under Contract
Baths:
0
Address:
425 E Walnut Avenue
Type:
Residential Income
Subtype:
Duplex
Neighborhood:
639monrovia
City:
Monrovia
Listed Date:
Mar 28, 2025
State:
CA
ZIP:
91016
Lot Size:
6,541 sqft / 0.15 acres (approx)
Year Built:
1910
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Schools
Interior
Cooling
Wall/ Window Unit(s)
Heating
Wall Furnace
Laundry Features
Dryer Included, Washer Included
Exterior
Architectural Style
Craftsman
Community Features
Biking, Foothills, Hiking, Horse Trails, Park
Parking Features
Driveway
Parking Spots
3.00
Roof
Shingle
Financial
Map
Community
- Address425 E Walnut Avenue Monrovia CA
- Area639 – Monrovia
- CityMonrovia
- CountyLos Angeles
- Zip Code91016
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425 E Walnut Avenue
Monrovia, CA
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