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Additional details
Listed by CHRISTOPHER JOHNSON • LEE & ASSOC COMM R E SERV/PAS
$899,000
Est. payment /mo
1,355 SqFt
UPDATED:
12/24/2024 04:30 AM
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 1,355 sqft
Price per Sqft $663
MLS Listing ID WS-24220728
Style Craftsman
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 rentals in this neighborhood.
Location
State CA
County Los Angeles
Zoning MORM*
Interior
Interior Features Ceiling Fan(s)
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Laundry Dryer Included, Gas Dryer Hookup, Outside, Washer Hookup, Washer Included
Exterior
Parking Features Driveway
Pool None
Community Features Biking, Foothills, Hiking, Horse Trails, Mountainous
Building
Lot Description Lot 6500-9999
Sewer Public Sewer
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