511 E Walnut Ave Monrovia, CA 91016

Rare 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.