425 E Walnut Avenue, Monrovia, CA 91016

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Glen Henderson

[email protected] +1(619) 889-7646

$899,000

Est. payment - /mo

3 Beds

3 Baths

6,541 Sqft Lot

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UPDATED:

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

Type of Financing Cash

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

Air Conditioning 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

CFD/Mello-Roos Fee $721

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Listed by CHRISTOPHER JOHNSON • LEE & ASSOC COMM R E SERV/PAS

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Glen Henderson

+1(619) 889-7646

Broker Associate | CA BRE #01384181

Broker Associate CA BRE #01384181

San Diego Communities

425 E Walnut Avenue Monrovia, CA 91016

Glen Henderson

Key Details

Location

Interior

Exterior

Building

Others

Get More Information