201 West Walnut Avenue

Monrovia, CA 91016

$1,740,000
Last Sold Price
7
Beds
6
Baths
3,427 Sq. Ft.
$508 / Sq. Ft.
3,427
Sq. Ft.
$508
per Sq. Ft.

Description

Great investment property in the city of Monrovia. Surrounded by greenery, the triplex features a total of 3 units with the main house in front (1 unit- single house style) and back house (2 units- townhomes style). The main house has an attached garage plus 2 additional car spaces and a spacious balcony. The back house each has their own detached 2 car space garage. All 3 units are currently rented at way below market price so there is a huge upside rent potential and the property requires little...Great investment property in the city of Monrovia. Surrounded by greenery, the triplex features a total of 3 units with the main house in front (1 unit- single house style) and back house (2 units- townhomes style). The main house has an attached garage plus 2 additional car spaces and a spacious balcony. The back house each has their own detached 2 car space garage. All 3 units are currently rented at way below market price so there is a huge upside rent potential and the property requires little maintenance. Utilities are paid by tenants except for common area. Great investment choice! Walking distance to historical area Old Town Monrovia. Don't miss out!
  1. Listed by Heidi Mao • DRE #01007529 • Brokerage DRE #01884917 • Keller Williams Signature

Property Details for 201 West Walnut Avenue

View
None
Parking Spaces Total
10
Private Pool
No
Cooling Type
Central Forced Air
Total Units
3.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
3427

Location

Listing Courtesy of Keller Williams Signature, Heidi Mao, DRE #01007529

Sold By Keller Williams Signature, Heidi Mao, DRE #01007529

Add your commute
LISTING UPDATED: 12/23/2021 05:10 AM

Property Details for 201 West Walnut Avenue

StatusClosed
MLS #TR21183880
Days on Market75
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1987
CountyLos Angeles County

Location

Listing Courtesy of Keller Williams Signature, Heidi Mao, DRE #01007529

Sold By Keller Williams Signature, Heidi Mao, DRE #01007529

Add your commute

Building Information for 201 West Walnut Avenue

Building/Complex201 W Walnut AveFloor-Stories-Residences-Pet Policy-Year Built1987Building Size-

Payment Calculator

$11,483 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,496

Property Taxes

$1,987

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 201 West Walnut Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $84,600
  • Gross Scheduled Income: $84,600
  • Net Operating Income: $80,125
  • Financing: Cash to New Loan
Expense Details
  • Operating Expense: $4,475
  • Fuel Expense: $0
  • Electric Expense: $2,075
  • Insurance Expense: $1,800
  • Trash Expense: $0
  • Water Sewer Expense: $600
  • Total Expenses: $4,475
Tax / Assessment Info
  • Tax Block: U
  • Tax Tract Number: 431...
  • Tax Census Tract: 4311.00
  • CFD/Mello-Roos Fee: $1,134
  • Tax Lot: 24
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Room Type: Kitchen, Living Room, Master Bedroom
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Bedroom Features: Master Bedroom
  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup
  • Laundry Utilities: Gas & Electric Dryer HU
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Fireplace: N/K
  • Cooling: Central Air
  • Heating Type: Central
  • Heating: Central
  • Heat Equipment: Forced Air Unit
Exterior Features
  • Structure Type: Triplex
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: 2-5 Units/Acre
  • Lease Considered: No
  • Number Of Units: 3
  • Available For Lease: No
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Sewer/Septic: Unknown
  • Utilities: Electricity Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 6
  • Parking: Yes
  • Parking Garage: Garage
  • Uncovered Spaces: 4
  • Open Other Spaces Total: 4
  • Parking Garage Spaces: 6
  • Carport Spaces: 0
  • Attached Garage: Yes
  • Parking Features: Garage
Property / Structure Info
  • Residential Styles: All Other Attached
  • Residential Unit Location: 1 common wall
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,500
  • Unit Type Total Rent: $2,500
  • Unit Type Pro Forma: 3000
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,350
  • Unit Type Total Rent: $2,350
  • Unit Type Pro Forma: 2600
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,200
  • Unit Type Total Rent: $2,200
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 3
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 0
  • Number With Dishwasher: 3
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Number With Disposal: 3

Property History for 201 West Walnut Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 201 West Walnut Avenue

Taxable ValueLand$1,020,000Additions$754,800Total$1,774,800
Tax Record2023$23,846 ($1,987 / month)
Home Facts
Total Finished SqFt3,427 SqFtAbove Grade Finished SqFt3,427 SqFtLot Size7,722 SqFtStyleTriplexYear Built1987ZoningMORH*CountyLOS ANGELESAPN8516-034-030

Schools near 201 West Walnut Avenue

This home is within Monrovia Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Monroe Elementary School
PublicK to 5

Santa Fe Computer Science Magnet
Public6 to 8

Monrovia High School
Public9 to 12

Canyon Oaks High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Signature, Heidi Mao, DRE #01007529

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.