511 East Walnut Avenue
511 East Walnut Avenue
$1,135,000
4
3
1,794
1,794
$633
Closed 3/16/20
Description
Rare sought after triplex located in the heart of Monrovia. This property has 3 detached homes situated on a large approx. 13,205 sq.ft. lot. It is unusual to find a double lot of that size in Monrovia with zoning for 4 units so it’s possible to add another unit. The front house has 2 bedrooms, 1 bath, a spacious living room with excellent natural light, cute kitchen and large laundry room. The 2 other homes share laundry hookup. The second home has 2 bedrooms and 1 bath. The third home has 1 bedroom...Rare sought after triplex located in the heart of Monrovia. This property has 3 detached homes situated on a large approx. 13,205 sq.ft. lot. It is unusual to find a double lot of that size in Monrovia with zoning for 4 units so it’s possible to add another unit. The front house has 2 bedrooms, 1 bath, a spacious living room with excellent natural light, cute kitchen and large laundry room. The 2 other homes share laundry hookup. The second home has 2 bedrooms and 1 bath. The third home has 1 bedroom and 1 bath. The 3 carports at the back of the property have a separate gated entry to Gladys Avenue. The houses are on separate gas and electric meters for each unit and pay their own utilities, thus low maintenance. Owner lives in one unit so you can maximize the rent. Property is conveniently located close to grocery stores, restaurants, Old Town Monrovia, Metro and a short drive to the 210 and 605 freeways. This triplex is primed for any savvy investor to build an additional unit on the property. Please check with the city regarding requirements. Buyers to do their due diligence.
- Listed by Stephen Biskup • DRE #01854478 • Brokerage DRE #00899496 • Sotheby's International Realty
Property Details for 511 East Walnut Avenue
View
City Lights, Mountain(s)
Parking Spaces Total3
Private PoolNo
Total Units3.0
Building TypeDetached
Lot Size SourceAssessor
Living Area1794
Assessor Parcel Number8517-015-026
Location
LISTING UPDATED: 04/16/2020 05:19 AM
Property Details for 511 East Walnut Avenue
Status | Closed |
---|---|
MLS # | PF20038844 |
Days on Market | 8 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential |
Year Built | 1949 |
Lot Size | 0.30 AC / 13,208 SF |
County | Los Angeles County |
Location
Building Information for 511 East Walnut Avenue
Stories1Residences-Year Built1949Building Size-Lot Size0.30 AC / 13,208 SF
Payment Calculator
$7,121 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 511 East Walnut Avenue
Property History for 511 East Walnut Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 511 East Walnut Avenue
Taxable ValueLand$460,000Additions$370,000Total$830,000
Tax Record2023$11,122 ($927 / month)
Home Facts
Beds3Total Finished SqFt1,347 SqFtAbove Grade Finished SqFt1,347 SqFtLot Size13,208 SqFtStylePlanned Unit DevelopmentYear Built2022ZoningMORM*CountyLOS ANGELESAPN8517-015-027
Schools near 511 East 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 |
---|---|---|
Wild Rose Elementary School PublicK to 5 | ||
Clifton Middle School 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.
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