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Sold on 09/12/2025
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425 E Walnut Ave, Monrovia, CA 91016

$881,000

Last sold 09/12/2025 for $850K

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    bed

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    bath

Multi-family not for sale
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About 425 E Walnut Ave

Property type Multi-family
Year built 1910
HOA fee $0/month
Lot size 6,541 Sqft
Movoto estimate
Rental estimate
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. Don’t miss your chance at this upgraded and well-located income property just blocks from Downtown Monrovia!
Listed by
Listing Agent - Shao Chen
Listing Agent Contact: 310-350-3810
Listing Office - Lee & Associates Commercial Real Estate Services, Inc. - Pasadena
Source: CRMLS mls logo
MLS#WS25068327 • last updated 9 months ago
Movoto checked CRMLS for data 1 minute ago
Overview
Levels/Style One, Craftsman
Type Residential Income
SubType Duplex
Status Closed
Lot Size (Acres) 0.1502
Lot Size (SqFt) 6541
Year Built 1910
Interior
Exterior
Building Area Square Feet, 1355
Roof Shingle
Parking Driveway
# Uncovered Spaces 3
# Parking Spaces 3
Lot Description 2-5 Units/Acre
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source Public
Pool None
Location
County Los Angeles
Community Features Biking, Foothills, Hiking, Horse Trails, Park
Zoning MORM*
Directions Take The 210 Freeway Exit On Mytle Ave. And Head North On Myrtle. Make A Right Turn Onto E Walnut Ave.
APN 8517015018
Multifamily Details
Tenant Pays All Utilities
Operating Expense 4594
Cap Rate 3.04
Expense: Insurance 2033
Total Expenses 16730
Expense: Maintenance 800
Expense: Water/ Sewer 1761
Gross Income 44100
Gross Scheduled Income 44100
$881K
Range: $775K-$986K
Last 30 days 
Rental est.: $1,842/month
Gross rent multiplier: 38.5
  • Jan 2026
    mls logo MLS # WS25068327
  • Jan 14, 2026 Sold
    $850,000
  • Jul 20, 2025 Active
    —
  • Mar 28, 2025 Listed
    $899,000
  • Sep 2025
    Public Records
  • Sep 12, 2025 Sold
    $850,000 (-5.5%)
  • Mar 2025
    mls logo MLS # WS24220728
  • Mar 5, 2025 Listed
    —
  • Feb 19, 2025 Active
    —
  • Dec 23, 2024 Listed
    —
  • Dec 10, 2024 Active
    —
  • Nov 26, 2024 Listed
    —
  • Nov 12, 2024 Active
    —
  • Oct 22, 2024 Listed
    $899,000
  • Year Property taxes Tax assessment
  • 2024
    $1,706 +1.9%
    $76,138
  • 2023
    $1,674 +2.4%
    $76,138 +2.0%
  • 2022
    $1,636 +2.2%
    $74,646 +4.04%
  • 2021
    $1,601 +2.0%
    $71,749
  • 2020
    $1,569 +6.9%
    $71,749 +3.05%
  • 2018
    $1,468 +1.5%
    $69,623 +4.04%
  • 2017
    $1,446 +2.7%
    $66,920 +2.0%
  • 2016
    $1,408 +1.8%
    $65,609
  • 2015
    $1,382
    —
  • 425 E Walnut Ave
    $850K
  • $1.09M
  • 91016
    $1.03M +1% y/y
  • Monrovia
    $1.03M +1% y/y
No chart available
Statistics calculated by Movoto

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5/10
Wild Rose Elementary School
public Grades K-5
Monrovia Unified School District
8/10
Clifton Middle School
public Grades 6-8
Monrovia Unified School District
7/10
Monrovia High School
public Grades 9-12
Monrovia Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

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CRMLS Multiple Listing Service™ system
The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
Based on information from California Regional Multiple Listing Service, Inc. as of 10/22/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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