$988,000
OPEN SUN 1PM - 5PM

531 W Walnut Ave Monrovia, CA 91016

Estimated payment $6,014/month

Total Views 577
4 Beds
3 Baths
1,755 Sq Ft
$563 Price per Sq Ft

Highlights

  • Hot Property
  • Mountain View
  • Breakfast Area or Nook
  • Monrovia High School Rated A
  • No HOA
  • 4-minute walk to Lucinda Garcia Park

About This Home

A charming California bungalow in a sought-after Monrovia location, blending classic character with thoughtful updates and a versatile layout. Light-filled throughout, the home features hardwood flooring and an inviting flow from the living room to the dining area and into the kitchen, creating a warm and connected living space. The kitchen has been refreshed with new vinyl flooring and a dishwasher, along with a cozy breakfast nook for everyday dining. The main residence offers four bedrooms, includes a flexible office or den, ideal for working from home or additional living space. The spacious primary bedroom includes a ceiling fan and French doors that open directly to the backyard, enhancing indoor-outdoor living. A standout feature is the separate in-law suite or potential rental unit, complete with its own private entrance, offering excellent flexibility for extended family, guests, or income potential. Additional highlights include a fireplace in the living room, and a tankless water heater. Per the previous owner, the home was rebuilt in 1990. Conveniently located near Old Town Monrovia, with close proximity to popular dining, shopping, parks, and local amenities, this home offers both charm and practicality in a prime setting.

Listing Agent

Ash Rizk

Coldwell Banker Realty Brokerage Phone: 626-393-5695 License #01503342 Listed on: 04/21/2026

Coldwell Banker Realty

Open House Schedule

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1924

Lot Details

  • 5,118 Sq Ft Lot
  • Density is up to 1 Unit/Acre

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,755 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Mountain Views
  • Breakfast Area or Nook
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 3 Full Bathrooms

Location

  • Suburban Location

Utilities

  • Central Heating and Cooling System
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 21
  • Tax Tract Number 7898
  • Assessor Parcel Number 8506013022
  • $637 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1924

Lot Details

5,118 Sq Ft Lot

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 8506013022
  • Year Built: 1924
  • Special Features: OpenHouse

Interior Features

  • Fireplace: No
  • Living Area: 1755.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 562.96
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Mountain(s)
  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Private Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5118.00
  • Lot Size Acres: 0.1175

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5118.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 21
  • Tax Tract Number: 7898
  • TaxOtherAnnualAssessmentAmount: 637.00

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $9,740 $727,107 $476,286 $250,821
2024 $9,740 $712,851 $466,948 $245,903
2023 $9,516 $698,875 $457,793 $241,082
2022 $9,240 $685,172 $448,817 $236,355
2021 $9,059 $671,738 $440,017 $231,721
2019 $8,625 $651,816 $426,967 $224,849
2018 $8,410 $639,037 $418,596 $220,441
2016 $8,087 $614,225 $402,343 $211,882
2015 $5,904 $449,392 $253,332 $196,060
2014 $5,843 $440,590 $248,370 $192,220
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/21/2026 04/21/26 For Sale $988,000 +63.3% $563 / Sq Ft
02/10/2015 02/10/15 Sold $605,000 +2.7% $345 / Sq Ft View Prior Sale
02/10/2015 02/10/15 Pending -- -- --
01/17/2015 01/17/15 For Sale $589,000 -- $336 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $605,000 Chicago Title Company
Grant Deed $430,000 Equity Title
Interfamily Deed Transfer -- Chicago Title Company
Interfamily Deed Transfer -- Equity Title
Grant Deed $187,500 Equity Title Company
Grant Deed $166,000 First American Title Company
Interfamily Deed Transfer -- First American Title Company
Trustee Deed $155,000 World Title Company
Grant Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $322,500 New Conventional
Previous Owner $87,700 New Conventional
Previous Owner $150,000 No Value Available
Previous Owner $149,400 No Value Available
Closed $18,750 No Value Available
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR26073428

California Regional Multiple Listing Service (CRMLS)

APN: 8506-013-022

Your Personal Tour Guide

Ask me questions while you tour the home.