425 E Walnut Avenue Active Save Request In-Person Tour Request Virtual Tour
Monrovia,CA 91016
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
HOA Y/N No
Lot Size 6,541 Sqft
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!
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
Area Monrovia (91016)
Zoning Assessor
Interior
Cooling Wall/Window
Exterior
Community Features Horse Trails
Complex Features Horse Trails
Building
Story 1
Lot Size Range 4000-7499 SF
Level or Stories 1 Story
Others
Monthly Total Fees $60
Acceptable Financing Cash
Space Rent $2,175
Listing Terms Cash