231 E Walnut Ave, Monrovia, CA 91016 (MLS # CV26067905)
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Welcome to this charming 2-bedroom, 1.5 bathroom home situated on an expansive lot full of opportunity. This property offers the perfect blend of comfort, space, and future potential. The existing home features a functional layout with plenty of natural light, making it ideal for homeowners or investors alike. What truly sets this property apart is the oversized lot, providing ample room for expansion, outdoor living, or the addition of a second unit (ADU) due to the property being zoned RM 3500 / PUD which could allow for one unit per 3500 sq ft of lot size. Whether you're looking to create additional rental income, accommodate extended family, or build your dream backyard retreat, the possibilities here are endless. Conveniently located with easy access to nearby amenities, this is a rare chance to own a property with both immediate livability and long-term upside. Situated in the award winning Mayflower Elementary and Clifton Middle schools. Don't miss out on this versatile investment opportunity!
| DAYS ON MARKET | 1 | LAST UPDATED | 3/30/2026 |
|---|---|---|---|
| YEAR BUILT | 1960 | COMMUNITY | 639 - Monrovia |
| COUNTY | Los Angeles | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| Elementary School | Mayflower |
|---|---|
| Jr. High School | Clifton |
| High School | Monrovia |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| APPLIANCES | Dryer |
| AREA | 639 - Monrovia |
| HEAT | Wall Furnace |
| LOT | 7575 sq ft |
| LOT DESCRIPTION | Back Yard, Desert Front, Front Yard |
| LOT DIMENSIONS | 7577 |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| VIEW | Yes |
| VIEW DESCRIPTION | Mountain(s), Neighborhood |
| WATER | Public |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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