S
Seller's Agent in 2025
Shao Chen
Lee & Associates Commercial Real Estate Services, Inc. - Pasadena
(626) 535-9888
1 in this area
8 Total Sales
425 E Walnut Ave Monrovia, CA 91016
3
Beds
3
Baths
1,355
Sq Ft
6,541
Sq Ft Lot
Highlights
- Craftsman Architecture
- Attic
- Cooling System Mounted To A Wall/Window
- Clifton Middle School Rated A-
- Hiking Trails
- 3-minute walk to Julian Fisher Park
About This Home
As of September 2025This charming Craftsman-style Monrovia duplex is back and better than ever. Since its last market appearance, the property has undergone extensive upgrades including: full re-wiring of the front house (with permits), a major sewer line replacement of the front and rear unit (with permits), foundational beam and support work approved by a licensed contractor.
***The property will be delivered with tenants in place.*** Both tenants are on month-to-month leases. Front house is paying $2175/mo and back unit is paying $1500/mo.
This opportunity is perfect for investors looking for a value-add deal in non-rent controlled Monrovia (State rent control may still apply), buyer to investigate. Don’t miss your chance at this upgraded and well-located income property just blocks from Downtown Monrovia!
Last Agent to Sell the Property
Lee & Associates Commercial Real Estate Services, Inc. - Pasadena Brokerage Phone: 310-350-3810 License #01923629 Listed on: 03/28/2025
Last Buyer's Agent
CHRISTOPHER JOHNSON
LEE & ASSOC COMM R E SERV/PAS License #01934154
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1910
Lot Details
- 6,541 Sq Ft Lot
- No Common Walls
- Density is 2-5 Units/Acre
Home Design
- Duplex
- Craftsman Architecture
- Entry on the 1st floor
- Shingle Roof
Interior Spaces
- 1,355 Sq Ft Home
- 1-Story Property
- Attic
- Basement
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- 3 Open Parking Spaces
- 3 Parking Spaces
- Parking Available
- Driveway
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- Natural Gas Connected
Listing and Financial Details
- Tenant pays for all utilities
- Legal Lot and Block 18 / 17
- Tax Tract Number 24000
- Assessor Parcel Number 8517015018
- $721 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 2 Units
- Foothills
Recreation
- Park
- Horse Trails
- Hiking Trails
- Bike Trail
Building Details
- 2 Leased Units
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $2,033
- Maintenance Expense $800
- Water Sewer Expense $1,761
- New Taxes Expense $12,137
- Operating Expense $16,730
- Gross Income $44,100
- Net Operating Income $27,370
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 28, 2025
Closed on
Aug 26, 2025
Sold by
Hinds Revocable Family Trust and Moca Linda
Bought by
Gleason Trevor James and Byargard Kim William
Seller's Agent
Shao Chen
Lee & Associates Commercial Real Estate Services, Inc. - Pasadena
Buyer's Agent
CHRISTOPHER JOHNSON
LEE & ASSOC COMM R E SERV/PAS
List Price
$899,000
Sold Price
$850,000
Premium/Discount to List
-$49,000
-5.45%
Views
394
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,175
Avg. Annual Appreciation
1.07%
Original Mortgage
$726,495
Interest Rate
6.72%
Mortgage Type
FHA
Purchase Details
Listed on
Mar 28, 2025
Closed on
Jul 24, 2025
Sold by
Mispagel Colleen Erin
Bought by
Byagard Kim William
Seller's Agent
Shao Chen
Lee & Associates Commercial Real Estate Services, Inc. - Pasadena
Buyer's Agent
CHRISTOPHER JOHNSON
LEE & ASSOC COMM R E SERV/PAS
List Price
$899,000
Sold Price
$850,000
Premium/Discount to List
-$49,000
-5.45%
Views
394
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$726,495
Interest Rate
6.72%
Mortgage Type
FHA
Purchase Details
Closed on
Dec 4, 2007
Sold by
Hinds Carol Joan and Hinds Family Revocable Trust
Bought by
Hinds Carol J and The Qtip C Trust Of The Hinds
Purchase Details
Closed on
Jun 28, 2005
Sold by
Hinds Robert M
Bought by
Hinds Robert Miles and Hinds Carol Joan
Purchase Details
Closed on
Jan 19, 1999
Sold by
Family Trust Hinds Robert M And Carol J Trs H
Bought by
Hinds Robert M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,600
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $850,000 | Commonwealth Land Title Compan | |
| Quit Claim Deed | -- | Commonwealth Land Title Compan | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Gift Deed | -- | First Southwestern Title Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $726,495 | FHA | |
| Previous Owner | $94,600 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/10/2025 09/10/25 | Sold | $850,000 | -5.5% | $627 / Sq Ft |
| 03/28/2025 03/28/25 | For Sale | $899,000 | -- | $663 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $1,706 | $77,660 | $30,832 | $46,828 |
| 2024 | $1,706 | $76,138 | $30,228 | $45,910 |
| 2023 | $1,674 | $74,646 | $29,636 | $45,010 |
| 2022 | $1,636 | $73,183 | $29,055 | $44,128 |
| 2021 | $1,601 | $71,749 | $28,486 | $43,263 |
| 2020 | $1,569 | $71,014 | $28,194 | $42,820 |
| 2019 | $1,549 | $69,623 | $27,642 | $41,981 |
| 2018 | $1,468 | $68,258 | $27,100 | $41,158 |
| 2016 | $1,408 | $65,609 | $26,049 | $39,560 |
| 2015 | $1,382 | $64,624 | $25,658 | $38,966 |
| 2014 | $1,384 | $63,359 | $25,156 | $38,203 |
Source: Public Records
Agents Affiliated with this Home
-
Shao Chen
-
C
Buyer's Agent in 2025
CHRISTOPHER JOHNSON
LEE & ASSOC COMM R E SERV/PAS
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: WS25068327
APN: 8517-015-018
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
Nearby Homes
- 418 E Olive Ave
- 422 Almond Ave
- 401 E Cherry Ave
- 1020 S Mountain Ave Unit 15
- 1406 S California Ave Unit C
- 1408 S California Ave Unit C
- 717 S Magnolia Ave
- 1304 Mountain Ave Unit 118
- 311 W Walnut Ave
- 835 E Foothill Blvd
- 824 Ocean View Ave
- 1035 E Huntington Dr Unit 67
- 121 N Mountain Ave Unit A
- 137 N Myrtle Ave
- 267 Linwood Ave Unit E
- 11 Deodar Ln
- 421 W Colorado Blvd
- 334 Linwood Ave
- 540 Hacienda Dr
- 18 Dovetail Ln