Seller's Agent in 2020
Stephen Biskup
Sotheby's International Realty
(626) 428-6010
14 Total Sales
511 E Walnut Ave Monrovia, CA 91016
5
Beds
3
Baths
3
Sq Ft
13,207
Sq Ft Lot
Highlights
- No HOA
- Laundry Room
- 5-minute walk to Recreation Park
- Clifton Middle School Rated A-
About This Home
As of March 2020Rare 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.
Last Agent to Sell the Property
Sotheby's International Realty License #01854478 Listed on: 02/21/2020
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1949
Lot Details
- 13,208 Sq Ft Lot
- No Common Walls
- Front Yard Sprinklers
Parking
- 4 Car Garage
Home Design
- 3 Sq Ft Home
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Laundry Located Outside
Additional Features
- Exterior Lighting
- Urban Location
Listing and Financial Details
- Tenant pays for electricity, gas
- Legal Lot and Block 13 / 17
- Tax Tract Number 17
- Assessor Parcel Number 8517015026
Community Details
Overview
- No Home Owners Association
- 3 Buildings
- 3 Units
Building Details
- 2 Leased Units
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,629
- Trash Expense $267
- Water Sewer Expense $356
- New Taxes Expense $1,599
- Operating Expense $3,851
- Gross Income $27,600
- Net Operating Income $23,434
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
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/16/2020 03/16/20 | Sold | $1,135,000 | +5.6% | $378,333 / Sq Ft |
| 02/29/2020 02/29/20 | Pending | -- | -- | -- |
| 02/21/2020 02/21/20 | For Sale | $1,075,000 | -- | $358,333 / 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 |
|---|---|---|---|---|
| 2021 | -- | $1,146,758 | $479,921 | $666,837 |
| 2020 | $1,618 | $49,473 | $16,105 | $33,368 |
| 2019 | $1,600 | $48,504 | $15,790 | $32,714 |
| 2018 | $1,409 | $47,554 | $15,481 | $32,073 |
| 2016 | $1,347 | $45,710 | $14,881 | $30,829 |
| 2015 | $1,325 | $45,024 | $14,658 | $30,366 |
| 2014 | $1,333 | $44,143 | $14,371 | $29,772 |
Source: Public Records
Agents Affiliated with this Home
-
Stephen Biskup
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PF20038997
APN: 8517-015-026
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
- 526 E Olive Ave Unit A
- 418 E Olive Ave
- 415 E Walnut Ave
- 520 E Lime Ave
- 244 E Lime Ave
- 210 E Walnut Ave Unit J
- 318 S Canyon Blvd
- 401 E Cherry Ave
- 424 E Foothill Blvd
- 603 Park Rose Ave
- 1406 S California Ave Unit D
- 938 Huntington Dr Unit K
- 835 E Foothill Blvd
- 824 Ocean View Ave
- 149 Grand Ave
- 108 S Mountain Ave Unit A
- 115 N Mountain Ave Unit A
- 113 N Ivy Ave Unit 113 & 115
- 930 Ocean View Ave Unit E
- 210 W Lime Ave
- 517 E Walnut Ave
- 515 E Walnut Ave
- 521 E Walnut Ave
- 513 E Walnut Ave
- 717 Gladys Ave
- 525 E Walnut Ave
- 509 E Walnut Ave
- 529 E Walnut Ave
- 505 E Walnut Ave
- 518 E Olive Ave
- 508 E Olive Ave
- 512 E Olive Ave
- 533 E Walnut Ave
- 518 E Walnut Ave
- 501 E Walnut Ave
- 510 E Walnut Ave
- 522 E Walnut Ave
- 514 E Walnut Ave
- 530 E Walnut Ave
- 523 Royal Oaks Dr
Your Personal Tour Guide
Ask me questions while you tour the home.