Seller's Agent in 2026
Espi Bagwell
Keller Williams Realty
(626) 204-3300
42 in this area
114 Total Sales
311 W Walnut Ave Monrovia, CA 91016
4
Beds
3
Baths
1,742
Sq Ft
5,332
Sq Ft Lot
Highlights
- Ductless Heating Or Cooling System
- Laundry Room
- 1-Story Property
- Monrovia High School Rated A
- Level Lot
About This Home
As of January 2026This well-maintained triplex presents a unique opportunity for an owner-occupant or an investor looking to add a quality asset to their portfolio. The property features two connected, side-by-side units, each with one bedroom, a full bathroom, a living room, and a kitchen. Both units are equipped with wall window AC units for comfort. The third, vacant and detached unit has been recently remodeled and is ready for its new resident. This unit offers a spacious and open layout with a bright living room, a separate dining area, and a well-appointed kitchen with a stove. It includes two generously sized bedrooms, a full bathroom, and modern amenities like an in-unit stackable washer and dryer, new vinyl flooring, and energy-efficient mini-split systems for heating and cooling. Ideally situated a short distance from the vibrant Old Town Monrovia, offering easy access to a variety of shops, restaurants, the public library, and local parks.
Last Agent to Sell the Property
Keller Williams Realty Brokerage Phone: 626-824-2267 License #01168881 Listed on: 09/03/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1952
Lot Details
- 5,332 Sq Ft Lot
- 1 Common Wall
- Level Lot
Home Design
- Triplex
- Entry on the 1st floor
Interior Spaces
- 1,742 Sq Ft Home
- 1-Story Property
- Built-In Range
- Laundry Room
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Utilities
- Ductless Heating Or Cooling System
- Cooling System Mounted To A Wall/Window
Listing and Financial Details
- Legal Lot and Block 23 / D
- Assessor Parcel Number 8506002025
Community Details
Overview
- 2 Buildings
- 3 Units
Building Details
- 2 Leased Units
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $1,800
- Insurance Expense $2,500
- Trash Expense $2,700
- Water Sewer Expense $2,700
- Operating Expense $9,700
- Gross Income $36,900
- Net Operating Income $27,200
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 3, 2025
Closed on
Jan 21, 2026
Sold by
Larson Family Apartments Llc
Bought by
Tipping Richard E
Seller's Agent
Espi Bagwell
Keller Williams Realty
Buyer's Agent
Todd Lethbridge
TODD REAL ESTATE
List Price
$999,950
Sold Price
$1,550,000
Premium/Discount to List
$550,050
55.01%
Views
56
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-96.76%
Original Mortgage
$1,007,500
Outstanding Balance
$1,007,500
Interest Rate
6.21%
Mortgage Type
New Conventional
Estimated Equity
-$48,500
Purchase Details
Closed on
Aug 20, 2019
Sold by
Larson Lyle D and Larson Patricia B
Bought by
Larson Family Apartments Llc
Purchase Details
Closed on
Jul 16, 2019
Sold by
Staniford Joseph W and Staniford Lannie
Bought by
Larson Family Apartments Llc
Purchase Details
Closed on
Jul 11, 2019
Sold by
Bergman Lee and The Lee Bergman Trust
Bought by
Larson Family Apartments Llc
Purchase Details
Closed on
Dec 11, 2014
Sold by
Butzer Larson Lyle Dean and Butzer Larson Patti
Bought by
The Larson Family Trust
Purchase Details
Closed on
Feb 19, 2013
Sold by
Staniford Joseph W and Staniford Lannie
Bought by
Joseph Warren Staniford and Joseph Lannie Jo
Purchase Details
Closed on
Jun 6, 2008
Sold by
Bergman Lee Ann and Larson Lee Ann
Bought by
Bergman Lee and The Lee Bergman Trust
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,550,000 | Chicago Title Company | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | First American Title Company | |
| Interfamily Deed Transfer | -- | First American Title Company | |
| Interfamily Deed Transfer | -- | First American Title Company | |
| Interfamily Deed Transfer | -- | First American Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,007,500 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/30/2026 01/30/26 | Sold | $1,550,000 | +55.0% | $890 / Sq Ft |
| 11/07/2025 11/07/25 | Pending | -- | -- | -- |
| 10/17/2025 10/17/25 | For Sale | $999,950 | -35.5% | $574 / Sq Ft |
| 09/19/2025 09/19/25 | Off Market | $1,550,000 | -- | -- |
| 09/03/2025 09/03/25 | For Sale | $999,950 | -- | $574 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $1,668 | $55,212 | $19,191 | $36,021 |
| 2024 | $1,668 | $54,130 | $18,815 | $35,315 |
| 2023 | $1,640 | $53,070 | $18,447 | $34,623 |
| 2022 | $1,606 | $52,031 | $18,086 | $33,945 |
| 2021 | $1,570 | $1,015,411 | $606,216 | $409,195 |
| 2020 | $1,546 | $50,490 | $17,551 | $32,939 |
| 2019 | $1,528 | $49,501 | $17,207 | $32,294 |
| 2018 | $1,468 | $48,531 | $16,870 | $31,661 |
| 2016 | $1,407 | $46,649 | $16,216 | $30,433 |
| 2015 | $1,384 | $45,949 | $15,973 | $29,976 |
| 2014 | $1,391 | $45,050 | $15,661 | $29,389 |
Source: Public Records
Agents Affiliated with this Home
-
Espi Bagwell
-
Amanda Arroyo
A
Seller Co-Listing Agent in 2026
Amanda Arroyo
Keller Williams Realty
(626) 533-0778
41 in this area
104 Total Sales
-
Todd Lethbridge
T
Buyer's Agent in 2026
Todd Lethbridge
TODD REAL ESTATE
(626) 533-4867
7 in this area
16 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: AR25198434
APN: 8506-002-025
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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