231 E Walnut
Monrovia, CA 91016
2
Bed
1
Bath
1,204Sqft
7,577Sqft(Lot)
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
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 2Bathroom Information
Total Baths: 2 Full Baths: 1 Half Baths: 1Water/Sewer
Water Source: Public Sewer: Public Sewer -
Interior Features
Interior Features: All Bedrooms Down Property Appliances: Dryer Fireplace: None -
Cooling Features
None Air ConditioningHeating Source
Wall Furnace Has HeatingFireplace
Fireplace Features: None Has Fireplace: 0
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Building Information
Year Built: 1960 -
Pool Features
NoneLaundry Features
Washer Hookup
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1739 -
Lot Size Source: Assessor Lot Size Square Feet: 7577
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Listing Price Information
Original List Price: 875,000 Listing Contract Date: 2026-03-30 -
Lease Information
Listing Agreement: Exclusive Right To Sell
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Tax Information
Parcel Number: 8516031023
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Other Property Info
Source Listing Status: Active Source Neighborhood: 639 - Monrovia Directions: North of Huntington Source Property Type: Residential Area: 639 - Monrovia Property SubType: Single Family Residence -
Building and Construction
Property Age: 66 Common Walls: No Common Walls Structure Type: Single Family Residence Year Built Source: Assessor Total Square Feet Living: 1204 Entry Level: 1 Entry Location: 1 Levels or Stories: One Building Total Stories: 1 Structure Type: House
At $726.74 per sq.ft.,this listing is priced below average compared to other homes from Monrovia.
The average homes price in Monrovia is $370202.62 with avg. price / sq.ft of $2102.04.
The average homes price in Los Angeles County is $373818.81 with avg. price / sq.ft of $2100.74.
How much is this property worth?
Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.
Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1076 Norumbega, Monrovia, CA, 91016 | $1,768,000 | 3 | 2 | 2,713 | 2,713 SqFt |
| 771 Norumbega Drive, Monrovia, CA, 91016 | $1,788,000 | 3 | 2 | 2,489 | 2,489 SqFt |
| 785 Norumbega Drive, Monrovia, CA, 91016 | $1,498,000 | 4 | 2 | 2,676 | 2,676 SqFt |
| 136 Madeline, Monrovia, CA, 91016 | $1,898,000 | 6 | 6 | 3,678 | 3,678 SqFt |
| 108 S Mountain #A, Monrovia, CA, 91016 | $933,000 | 4 | 1 | 1,658 | 1,658 SqFt |
| 603 Park Rose Avenue, Monrovia, CA, 91016 | $949,000 | 3 | 2 | 2,121 | 2,121 SqFt |
| 1035 E Huntington Dr., Monrovia, CA, 91016 | $182,000 | 2 | 2 | 1,140 | 1,140 SqFt |
| 1020 Mountain #24, Monrovia, CA, 91016 | $190,000 | 2 | -- | 1,248 | 1,248 SqFt |
| 376 Hill Street, Monrovia, CA, 91016 | $1,249,000 | 3 | 1 | 1,745 | 1,745 SqFt |
| 1091 Briarcliff Road, Monrovia, CA, 91016 | $1,739,000 | 3 | 2 | 2,095 | 2,095 SqFt |
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ByOwner last updated this listing 04/06/2026 @ 21:48
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