25
See all 25 photos
$899,000
Est. payment /mo
3 Beds
3 Baths
Active
425 E Walnut Avenue Monrovia, CA 91016
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID WS25068327
Bedrooms 3
Property Sub-Type Res Income 2-4 Units
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. Dont miss your chance at this upgraded and well-located income property just blocks from Downtown Monrovia!
Location
State CA
County Los Angeles
Community Horse Trails
Zoning Assessor
Direction Take the 210 Freeway exit on Mytle Ave. and head north on Myrtle. Make a right turn onto E Walnut Ave.
Interior
Cooling Wall/Window
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Tax ID 8517015018
Listed by CHRISTOPHER JOHNSON LEE & ASSOC COMM R E SERV/PAS