425 E Walnut Ave
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425 E Walnut Ave
2 Unit Apartment Building Offered at $1,264,354 CAD at a 2.90% Cap Rate in Monrovia, CA 91016
Executive Summary
Lee & Associates - Pasadena is pleased to present 425 E Walnut Ave in Monrovia. Built in 1910, this Craftsman-style property comprises a 2-bedroom, 1.5-bathroom main house with an additional office that can serve as a third bedroom, plus a detached 1-bedroom, 1-bathroom back unit, offering significant versatility for investors or owner-occupants. The main house and the back unit total approximately 1,355 rentable square feet on a parcel of ±6,539 square feet zoned RM3000/PUD. Both units feature washer and dryer hookups, and the property offers ample driveway parking for residents. The detached back unit also includes a private fenced yard, perfect for rental income or guest accommodations.
Property Facts
| Price | $1,264,354 CAD | Apartment Style | Garden |
| Price Per Unit | $632,177 CAD | Lot Size | 0.15 AC |
| Sale Type | Investment | Building Size | 6,539 SF |
| Cap Rate | 2.90% | Average Occupancy | 100% |
| No. Units | 2 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1910 |
| Price | $1,264,354 CAD |
| Price Per Unit | $632,177 CAD |
| Sale Type | Investment |
| Cap Rate | 2.90% |
| No. Units | 2 |
| Property Type | Multifamily |
| Apartment Style | Garden |
| Lot Size | 0.15 AC |
| Building Size | 6,539 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1910 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1.5 | 1 | - | 1,000 |
| 1+1 | 1 | - | 355 |
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Walk Score ®
Very Walkable (82)
zoning
| Zoning Code | RM3000/PUD |
| RM3000/PUD |
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Mauricio Olaiz -
Lee & Associates
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425 E Walnut Ave
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