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Sold for $850,000 on 09/10/25
  • Listing Provided by: 

    Shao Chen DRE #01923629 310-350-3810,

    Lee & Associates Commercial Real Estate Services, Inc. - Pasadena

    Bought with: LEE & ASSOC COMM R E SERV/PAS
    $850,000

    425 E Walnut Ave, Monrovia, CA 91016

    3beds
    3baths
    1,355sqft
    Duplex
    Built in 1910
    -- sqft lot
    $840,700 Zestimate®
    $627/sqft
    $3,640 Estimated rent

    Home value

    $840,700

    $765,000 - $925,000

    $3,640/mo

    Zestimate® history
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    $5,184/mo

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    What's special

    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. Don’t miss your chance at this upgraded and well-located income property just blocks from Downtown Monrovia!

    Zillow last checked: 8 hours ago

    Listing updated: September 15, 2025 at 05:24am

    Listing Provided by:

    Shao Chen DRE #01923629 310-350-3810,

    Lee & Associates Commercial Real Estate Services, Inc. - Pasadena

    Bought with:

    CHRISTOPHER JOHNSON, DRE #01934154

    LEE & ASSOC COMM R E SERV/PAS

    Source: CRMLS,MLS#: WS25068327MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    Heating
    • Wall Furnace
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Included: Dryer, Washer
    Features
    • Attic
    • Has basement: Yes
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 1,355
    • Total interior livable area: 1,355 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Driveway
    • Uncovered spaces: 3
    Features
    • Levels: One
    • Stories: 1
    • Entry location: front door
    • Pool features: None
    Lot
    • Size: 6,541 sqft
    • Features: 2-5 Units/Acre
    Details
    • Parcel number: 8517015018
    • Zoning: MORM*
    • Special conditions: Standard
    • Horse amenities: Riding Trail

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Craftsman
    • Property subtype: Duplex
    Materials
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1910

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

    Community & neighborhood

    Community
    • Community features: Biking, Foothills, Hiking, Horse Trails, Park
    Location
    • Region: Monrovia

    HOA & financial

    Other financial information
    • Total actual rent: 3675

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan

    Price history

    DateEventPrice
    9/10/2025Sold$850,000-5.5%$627/sqft
    Source: CRMLS #WS25068327
    7/20/2025Contingent$899,000$663/sqft
    Source: CRMLS #WS25068327
    3/29/2025Listed for sale$899,000$663/sqft
    Source: CRMLS #WS25068327

    Public tax history

    YearProperty taxesTax assessment
    2025$1,739 +1.9%$77,660 +2%
    2024$1,706 +1.9%$76,138 +2%
    2023$1,674 +2.4%$74,646 +2%

    Find assessor info on the county website

    Neighborhood: 91016

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $840,700

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $840,700