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425 E Walnut Avenue Monrovia, CA 91016
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Key Details
Sold Price $850,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
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
Interior
Cooling Wall/Window
Exterior
View Y/N No
Building
Story 1
Others
Acceptable Financing Cash
Listing Terms Cash
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Bought with CHRISTOPHER JOHNSON LEE & ASSOC COMM R E SERV/PAS
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