425 E Walnut Ave - Multi-Family FOR SALE


Monrovia, CA 91016
$899,000 USD
626-841-1864
425 E Walnut Ave, Monrovia, CA for Sale
$899,000 USD
Multi-Family - FOR SALE
1/20
null | 2.9% Cap Rate

425 E Walnut Ave
Monrovia, CA 91016


OVERVIEW

Lee & Associates - Pasadena is pleased to present 425 E Walnut Ave in Monrovia. Built in 1910, this Craftsman-style property comprises a 2-bedroom, 1.5-bathroom main house with an additional office that can serve as a third bedroom, plus a detached 1-bedroom, 1-bathroom back unit, offering significant versatility for investors or owner-occupants. The main house and the back unit total approximately 1,355 rentable square feet on a parcel of ±6,539 square feet zoned RM3000/PUD. Both units feature washer and dryer hookups, and the property offers ample driveway parking for residents. The detached back unit also includes a private fenced yard, perfect for rental income or guest accommodations.

FOR SALE DETAILS

PRICE

$899,000 USD

PRICE/SF

$137 USD /SF

# OF UNITS

2

PRICE/UNIT

$449,500

CAP RATE

2.9%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1910

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,539 SF

ZONING

RM3000/PUD

APN/PARCEL ID

8517-015-018

ASK ABOUT THIS PROPERTY

Mauricio OlaizLee & AssociatesMore Info
626-841-1864

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Mauricio OlaizLee & AssociatesMore Info
626-841-1864

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.