501 E Walnut Avenue, Monrovia, California 91016
  • $775,000

Overview

Property ID: PF20113590
  • Duplex, Residential
  • Property Type
  • 6
  • Bedrooms
  • 2
  • Bathrooms
  • 1921
  • Year Built

Description

A duplex located in the heart of Monrovia has 2 detached homes situated on a large approx. 7, 000 sq.ft. lot. The property needs work but it has strong bones! The front house has 3 bedrooms plus an office, 1 bath, a spacious living room and kitchen. The second home has 2 bedrooms and 1 bath. The 2 car open parking at the back of the property has an entry to the alley. The houses are on separate gas and electric meters. Each house pays their own utilities, thus low maintenance. Owner lives in the back house and will vacate the property at close of escrow 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 duplex is primed for any savvy investor to fix the two houses and maximize the rental income. Buyers need to do their due diligence.

  • Address: 501 E Walnut Avenue
  • State/county: CA
  • Zip/Postal Code: 91016
  • Country: US

Details

Updated on April 30, 2021 at 1:25 pm
  • Property ID PF20113590
  • Price $775,000
  • Land Area 0.1507 Acres
  • Bedrooms 6
  • Bathrooms 2
  • Year Built 1921
  • Property Type Duplex, Residential
  • Property Status Closed

Additional details

  • Listing Terms Cash, Cash to New Loan, Conventional
  • Sewer Public Sewer
  • Cooling Evaporative Cooling
  • County Los Angeles
  • Property Type Residential
  • Pool None
  • Community Features Street Lights, Sidewalks

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