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    311 W Walnut Ave Monrovia, CA 91016

    Under Contract
    For Sale
    $999,950

    Triplex - Monrovia, CA

    Type:Triplex
    Property size:
    1,742 SF
    Lot size:
    5,332.00 Acres
    Days on Market:
    27
    Last Refresh:
    Dec 5 at 2:06 pm

    Property Features for 311 W Walnut Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Triplex
    Standard status
    Active Under Contract
    Zoning
    MORM*
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Bedrooms
    4
    Bathrooms
    3
    APN
    8506002025
    Parking features
    None
    Exterior features
    Community Features Included: Sidewalks, Level With Street
    Appliances
    Range
    Size
    1,742 SF
    Lot size
    5,332.00 Acres

    Utilities

    Cooling system
    Ductless, Multi Units, Wall/Window Unit(s), Window Unit(s)

    Building Details

    Year built
    1952
    Floors in Building
    1
    Number of units
    3
    Architectural style
    Other

    West Foothills Market Center, Inc [email protected]

    Listing agent Espi Bagwell (626) 204-3300 License #01168881

    Listing date Nov 9, 2025

    MLS# AR25198434 Listing URL

    Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Monrovia Triplex Near Old Town

    This well-maintained triplex offers an opportunity for either an owner-occupant or an investor seeking a quality asset. The property includes two connected, side-by-side units, each featuring one bedroom, a full bathroom, a living room, and a kitchen. Both units are equipped with wall window AC units. The third, detached unit has been recently remodeled and is vacant. 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 bedrooms, a full bathroom, in-unit stackable washer and dryer, new vinyl flooring, and energy-efficient mini-split systems for heating and cooling. The property is situated a short distance from Old Town Monrovia, providing access to shops, restaurants, the public library, and local parks. The property is a multifamily residential income property with a lot size of 0.122 acres and a building size of 1742 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Monrovia
    County
    Los Angeles
    State
    California
    Longitude
    -118.0058037
    Latitude
    34.14389

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    FAQs

    What type of property is this?
    Triplex - Well-maintained triplex near Old Town Monrovia with remodeled unit.
    Where is this triplex located?
    The property is located at 311 W Walnut Ave Monrovia, CA.
    What is the asking price?
    The asking price for this property is $999,950.
    What are key features of this property?
    This property features: - Prime location near Old Town Monrovia's shops, restaurants, library, and parks.; - Triplex offers flexibility for owner-occupancy or investment.; - Recently remodeled, vacant, detached unit is move-in ready.
    (626) 204-3300
    Request Owner's contact information
    311 W Walnut Ave Monrovia, CA 91016
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    Monrovia, CA 91016
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    311 W Walnut Ave Monrovia, CA 91016
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