855 W Walnut
Monrovia, CA, 91016
$898,000
MLS: AR26060534
Beds
2
Baths
1
Sq Ft
804
Lot
0.23 ac
Year Built
1941
MLS #
AR26060534
Days on Market
6
Listed
Mar 19, 2026
Description
Prime Arcadia-adjacent lot spanning over 10,000 square feet, offering excellent potential for multi-unit development. The parcel should accommodate up to five units (buyer to verify with City Hall). Ideal for builders, investors, or owner-users seeking to capitalize on strong rental demand in a highly desirable area. Convenient access to shopping, dining, transportation, and top-rated schools makes this an outstanding investment opportunity.
Location
Monrovia, Los Angeles County, CA 91016
Open on Google Maps ↗Listed by: Thomas Adams · Century 21 Adams & Barnes
Payment estimate
$6,538
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $89,800 · Loan: $808,200
- Principal & Interest
- $4,966
- Property tax (1.25%)
- $935
- Homeowners insurance
- $300
- Mortgage insurance
- $337
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Monrovia home with as little as 3.5% down using an FHA loan — roughly $31,430 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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