231 E Walnut Ave Monrovia, CA 91016
Highlights
- Mountain View
- Bonus Room
- Living Room
- Mayflower Elementary School Rated A
- No HOA
- Laundry Room
About This Home
Welcome to this charming 2-bedroom, 1.5 bathroom home situated on an expansive lot full of opportunity. This property offers the perfect blend of comfort, space, and future potential. The existing home features a functional layout with plenty of natural light, making it ideal for homeowners or investors alike. What truly sets this property apart is the oversized lot, providing ample room for expansion, outdoor living, or the addition of a second unit (ADU) due to the property being zoned RM 3500 / PUD which could allow for one unit per 3500 sq ft of lot size. Whether you’re looking to create additional rental income, accommodate extended family, or build your dream backyard retreat, the possibilities here are endless. Conveniently located with easy access to nearby amenities, this is a rare chance to own a property with both immediate livability and long-term upside. Situated in the award winning Mayflower Elementary and Clifton Middle schools. Don’t miss out on this versatile investment opportunity!
Listing Agent
CENTURY 21 ADAMS & BARNES Brokerage Phone: 626-589-3870 License #01427306 Listed on: 03/30/2026
Home Details
Home Type
- Single Family
Year Built
- Built in 1960
Lot Details
- 7,577 Sq Ft Lot
- Desert faces the front of the property
- South Facing Home
- Back and Front Yard
Property Views
- Mountain
- Neighborhood
Home Design
- Entry on the 1st floor
Interior Spaces
- 1,204 Sq Ft Home
- 1-Story Property
- Living Room
- Bonus Room
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
Laundry
- Laundry Room
- Dryer
Parking
- 3 Parking Spaces
- 3 Carport Spaces
Outdoor Features
- Exterior Lighting
- Rain Gutters
Schools
- Mayflower Elementary School
- Clifton Middle School
- Monrovia High School
Additional Features
- Suburban Location
- Wall Furnace
Community Details
- No Home Owners Association
- Foothills
Listing and Financial Details
- Legal Lot and Block 20 / R
- Tax Tract Number 1
- Assessor Parcel Number 8516031023
- $583 per year additional tax assessments
- Seller Considering Concessions
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,341 | $300,586 | $225,364 | $75,222 |
| 2024 | $4,341 | $294,694 | $220,946 | $73,748 |
| 2023 | $4,244 | $288,916 | $216,614 | $72,302 |
| 2022 | $4,125 | $283,252 | $212,367 | $70,885 |
| 2021 | $4,043 | $277,699 | $208,203 | $69,496 |
| 2019 | $3,861 | $269,465 | $202,029 | $67,436 |
| 2018 | $3,749 | $264,182 | $198,068 | $66,114 |
| 2016 | $3,603 | $253,926 | $190,378 | $63,548 |
| 2015 | $3,526 | $250,113 | $187,519 | $62,594 |
| 2014 | $3,497 | $245,214 | $183,846 | $61,368 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/30/2026 03/30/26 | For Sale | $875,000 | -- | $727 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV26067905
APN: 8516-031-023
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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