425 E Walnut Ave 2 Unit Apartment Building Offered at £697,656 at a 2.90% Net Initial Yield in Monrovia, CA 91016

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.