311 W Walnut Ave Monrovia, CA 91016
Estimated payment $5,404/month
Highlights
- Ductless Heating Or Cooling System
- Laundry Room
- 1-Story Property
- Monrovia High School Rated A
- Level Lot
About This Home
This 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.
Listing Agent
Keller Williams Realty Brokerage Phone: 626-824-2267 License #01168881 Listed on: 09/03/2025
Co-Listing Agent
Keller Williams Realty Brokerage Phone: 626-824-2267 License #01890828
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,668
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
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 | $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 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/07/2025 11/07/25 | Pending | -- | -- | -- |
| 10/17/2025 10/17/25 | For Sale | $999,950 | 0.0% | $574 / Sq Ft |
| 09/19/2025 09/19/25 | Off Market | $999,950 | -- | -- |
| 09/03/2025 09/03/25 | For Sale | $999,950 | -- | $574 / Sq Ft |
Purchase History
| Date | Type | Sale Price | 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: California Regional Multiple Listing Service (CRMLS)
MLS Number: AR25198434
APN: 8506-002-025
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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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