311 W Walnut Avenue Monrovia, CA ^$ 999,950

311 W Walnut Avenue

^$ 999,950

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311 W Walnut Avenue

Monrovia, CA, 91016

^$ 999,950

Studio Baths1.0 Sq 1,742

Monthly Estimate*

^$ 6,238

Listed by Keller Williams Realty

311 W Walnut Avenue, Monrovia, CA 91016 - Image 1

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311 W Walnut Avenue, Monrovia, CA 91016 - Image 8

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Studio

Multi-Family Home for sale in Monrovia, CA

for $999,950 with 1 full bath. This 1,742 square foot home was built in 1952 on a lot size of 0.1224.

This well-maintained triplex presents a unique opportunity for an owner-occupant or an investor looking to add a quality asset to their portfolio. The property features two connected, side-by-side units, each with one bedroom, a full bathroom, a living room, and a kitchen. Both units are equipped with wall window AC units for comfort. The third, vacant and detached unit has been recently remodeled and is ready for its new resident. This unit offers a spacious and open layout with a bright living room, a separate dining area, and a well-appointed kitchen with a stove. It includes two generously sized bedrooms, a full bathroom, and modern amenities like an in-unit stackable washer and dryer, new vinyl flooring, and energy-efficient mini-split systems for heating and cooling. Ideally situated a short distance from the vibrant Old Town Monrovia, offering easy access to a variety of shops, restaurants, the public library, and local parks.

Multi-Family Pending

Price

^$ 999,950

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1224

Year Built

1952

Town/City

Monrovia

County/Region

Los Angeles

MLS | Web ID

AR25198434

Days on Market

114

Features

General

Sewer Public Sewer

Cooling Ductless See Remarks Wall/Window Unit(s)

Appliances Built-In Range

Zoning MORM*

Garage Spaces 0

Pool Features None

Year Built 1952

Stories Count 1

Levels One

Property Subtype Triplex

Gross Income 36900

Community Features Sidewalks

County Los Angeles

Net Operating Income 27200

Operating Expense 9700

Insurance Expense 2500

New Construction false

Property Type Residential Income

Garage Y/N false

Special Listing Conditions Standard Trust

Status Pending

Directions North of Huntington Dr. West of Magnolia Ave.

City Monrovia

Entry Location 1

Senior Community Y/N false

Number Of Units Total 3

MLS Area 639 - Monrovia

Lot Size Units Square Feet

Lot Size Square Feet 5332

Number of Units Leased 2

Listing Terms Cash Cash to New Loan

Property Attached Y/N true

Land Lease Y/N false

Electric Expense 0

Fuel Expense 0

Trash Expense 2700

Water Sewer Expense 2700

Additional Parcels Y/N false

Rent Control Y/N false

Building Area Units Square Feet

Standard Status Pending

Year Built Source Assessor

Tax Lot 23

Property Sub Type Additional Triplex

Interior

Total Stories 1

Common Walls 1 Common Wall

Air Conditioning Y/N true

Laundry Features See Remarks

Entry Level 1

Exterior

Parking Features None

Lot Features Street Level

Water Source Public

Total Parking 0

Lot Size Area 5332

Number of Buildings 2

Building Area Total 1742

Lot Size Acres 0.1224

Private Pool false

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 3

Number of Separate Electric Meters 3

* Excluded Features

List By

Keller Williams Realty

Broker

espi.bagwell@kw.com

Affordability Calculator

$6,238

Per Month

Monthly Principal & Interest: $6,238
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Monrovia, CA

Average List Price ^$2,228,779

Percent of Sale Price 123%

About Monrovia, CA

37,168 Population

0% Since 2002

^$71,396 Median Income

39.93 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/20/2025	$999,950		Listed Price

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311 W Walnut Avenue, Monrovia, CA, 91016 is a Multi-Family Home for sale at $999,950 with 1,742 sqft and a lot size of 0.1224. 311 W Walnut Avenue is a studio with 1.0 baths and was built in 1952. The property's zip code is 91016 which is in Monrovia, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 12/26/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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311 W Walnut Avenue

Multi-Family Home for sale in Monrovia, CA

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