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!
Sold for $875,000
Listing Provided by: CENTURY 21 ADAMS & BARNES
Bought with: Redfin Corporation
$875,000
231 E Walnut Ave, Monrovia, CA 91016
2beds
1,204sqft
Single Family Residence
Built in 1960
7,577 Square Feet Lot
$876,400 Zestimate®
$727/sqft
$3,162 Estimated rent
Home value
$876,400
$798,000 - $964,000
$3,162/mo
Zestimate® history
Owner options
List your home for rent
$3,162/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$3,162/mo
Rent Zestimate®
Refinance and save
$5,601/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$5,601/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Oversized lotFunctional layoutPlenty of natural lightOutdoor livingAmple room for expansion
Zillow last checked:
Listing updated:
Listing Provided by:
MICAH ADAMS DRE #01427306 626-589-3870,
CENTURY 21 ADAMS & BARNES
Bought with:
Sang Ur, DRE #01474940
Redfin Corporation
Source: CRMLS,MLS#: CV26067905
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Bedroom
- Features: All Bedrooms Down
Heating
- Wall Furnace
Cooling
- None
Appliances
- Included: Dryer
- Laundry: Washer Hookup
Features
- All Bedrooms Down
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 1,204 sqft
Property
Parking
- Total spaces: 3
- Parking features: Carport
- Carport spaces: 3
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Pool features: None
- Has view: Yes
- View description: Mountain(s), Neighborhood
Lot
- Size: 7,577 sqft
- Features: Back Yard, Desert Front, Front Yard
Details
- Parcel number: 8516031023
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1960
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Foothills, Gutter(s), Storm Drain(s), Street Lights, Suburban, Sidewalks
Location
- Region: Monrovia
Other
Other facts
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 5/14/2026 | Sold | $875,000$727/sqft |
Source:  CRMLS #CV26067905 Report a problem | ||
| 4/23/2026 | Contingent | $875,000$727/sqft |
Source: CRMLS #CV26067905 Report a problem | ||
| 3/30/2026 | Listed for sale | $875,000$727/sqft |
Source: CRMLS #CV26067905 Report a problem | ||
| 8/5/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 7/30/2021 | Listed for rent | $2,250$2/sqft |
Source: Zillow Rental Manager Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,446 +2.4% | $300,586 +2% |
| 2024 | $4,341 +2.3% | $294,694 +2% |
| 2023 | $4,244 +2.9% | $288,916 +2% |
| 2022 | $4,125 +2% | $283,252 +2% |
| 2021 | $4,043 +3% | $277,699 +1% |
| 2020 | $3,927 | $274,853 +2% |
| 2019 | $3,927 +4.8% | $269,465 +2% |
| 2018 | $3,749 | $264,182 +2% |
| 2017 | $3,749 +1.9% | $259,003 +2% |
| 2016 | $3,679 +2.1% | $253,926 +1.5% |
| 2015 | $3,603 +3% | $250,113 +2% |
| 2014 | $3,497 | $245,214 +2.5% |
| 2012 | -- | $239,322 +2% |
| 2011 | -- | $234,630 +0.8% |
| 2010 | -- | $232,878 -0.2% |
| 2009 | -- | $233,432 +2% |
| 2008 | -- | $228,856 +2% |
| 2007 | -- | $224,369 +2% |
| 2006 | -- | $219,970 |
| 2005 | -- | $219,970 +4% |
| 2004 | -- | $211,430 +1.9% |
| 2003 | -- | $207,556 +2% |
| 2002 | -- | $203,487 +26.2% |
| 2000 | -- | $161,300 |
Find assessor info on the county website
Neighborhood: 91016
Nearby schools
GreatSchools rating
- 10/10Mayflower Elementary SchoolGrades: K-6Distance: 1 mi
- 7/10Clifton Middle SchoolGrades: 7-8Distance: 0.4 mi
- 7/10Monrovia High SchoolGrades: 9-12Distance: 1.2 mi
Schools provided by the listing agent
- Elementary: Mayflower
- Middle: Clifton
- High: Monrovia
Source: CRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$876,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$876,400
- California
- Los Angeles County
- Monrovia
- 91016
- 231 E Walnut Ave
Nearby cities
Nearby zip codes
Other Monrovia Topics
