522 Linwood Avenue

Monrovia, CA 91016

$2,248,000
Price
7
Beds
7
Baths
4,061 Sq. Ft.
$554 / Sq. Ft.
4,061
Sq. Ft.
$554
per Sq. Ft.

Description

We are pleased to present for sale a Six unit multi-family investment located in the most desirable location of the city of Monrovia, property sitting on a large lot of approximately 11,151 square feet. It is within a short distance to downtown Monrovia, Foothill Blvd, Major Supermarket, schools, etc. A New roof was installed in 2017. The highly desirable single-story property consists of a mixture of 1 x 2 Bedroom + 2 Bathroom unit with its own laundry hook-up and one split mini air condition. 5...We are pleased to present for sale a Six unit multi-family investment located in the most desirable location of the city of Monrovia, property sitting on a large lot of approximately 11,151 square feet. It is within a short distance to downtown Monrovia, Foothill Blvd, Major Supermarket, schools, etc. A New roof was installed in 2017. The highly desirable single-story property consists of a mixture of 1 x 2 Bedroom + 2 Bathroom unit with its own laundry hook-up and one split mini air condition. 5 x 1 Bedroom + 1 Bathroom units. Most units have been renovated with laminate wood floorings, newer screen doors and newer bathroom vanity. All units are on separate electrical and gas meters including the common area. Rental Upside Potential. On-Site Coin-op Laundry Room for added income. Separate water heaters for each unit. 1 car carport offered to each unit.
  1. Listed by STEVE HANG • DRE #01260352 • Brokerage DRE #01280398 • COLDWELL BANKER DYNASTY/ARC • 626 688 3731
  2. Listed by Van Tuyet To • DRE #01749625 • Brokerage DRE #01280398 • Coldwell Banker Dynasty Arc.

Property Details for 522 Linwood Avenue

Parking Spaces Total
0
Private Pool
No
Cooling Type
Wall/Window
Total Units
6.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
4061
Assessor Parcel Number
8505-013-013

Location

Listing Courtesy of COLDWELL BANKER DYNASTY/ARC, STEVE HANG, DRE #01260352; Coldwell Banker Dynasty Arc., Van Tuyet To, DRE #01749625
Add your commute
LISTING UPDATED: 01/25/2024 12:49 PM

Property Details for 522 Linwood Avenue

StatusActive
MLS #WS23055931
Days on Market396
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1955
CountyLos Angeles County

Location

Listing Courtesy of COLDWELL BANKER DYNASTY/ARC, STEVE HANG, DRE #01260352; Coldwell Banker Dynasty Arc., Van Tuyet To, DRE #01749625
Add your commute

Building Information for 522 Linwood Avenue

Building/Complex522 Linwood AveFloor-Stories1Residences-Pet Policy-Year Built1955Building Size-

Payment Calculator

$14,346 per month

30 year fixed, 7.25% Interest

Principal and Interest

$12,268

Property Taxes

$2,078

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 522 Linwood Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $1,200
  • Gross Scheduled Income: $110,100
  • Net Operating Income: $65,484
  • Laundry Income: $1,200
Expense Details
  • Operating Expense: $45,820
  • New Taxes Expense: $30,000
  • Gardener Expense: $960
  • Fuel Expense: $0
  • Licenses Expense: $222
  • Electric Expense: $597
  • Insurance Expense: $2,180
  • Maintenance Expense: $3,320
  • Professional Management Expense: $5,505
  • Trash Expense: $3,045
  • Water Sewer Expense: $3,971
  • Total Expenses: $44,295
Tax / Assessment Info
  • Tax Tract Number: 17307
  • Tax Census Tract: 4310.03
  • CFD/Mello-Roos Fee: $2,415
  • Tax Lot: 7
Community / Development
Community / Development
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Community
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Wall/Window Unit(s)
  • Heating Type: Forced Air
  • Heating: Forced Air
  • Heat Equipment: Forced Air Unit
Exterior Features
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Front Yard
  • Number Of Units: 6
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Unknown
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Assigned, Carport
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
  • Parking Features: Assigned, Carport
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,150
  • Unit Type Total Rent: $2,150
  • Unit Type Pro Forma: 2300
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,450
  • Unit Type Total Rent: $1,450
  • Unit Type Pro Forma: 1700
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,450
  • Unit Type Total Rent: $1,450
  • Unit Type Pro Forma: 1700
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,475
  • Unit Type Total Rent: $1,475
  • Unit Type Pro Forma: 1700
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,450
  • Unit Type Total Rent: $1,450
  • Unit Type Pro Forma: 1700
  • Unit Type Type: 5
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,450
  • Unit Type Total Rent: $1,450
  • Unit Type Pro Forma: 1700
  • Unit Type Type: 6
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1
  • Number With Carpet: 6
  • Number Wall AC: 6

Property History for 522 Linwood Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 522 Linwood Avenue

Taxable ValueLand$705,005Additions$1,057,509Total$1,762,514
Tax Record2023$24,940 ($2,078 / month)
Home Facts
Total Finished SqFt4,166 SqFtAbove Grade Finished SqFt4,166 SqFtLot Size11,151 SqFtStyleMulti-Family Res (5+ Units)Year Built1955ZoningMORH*CountyLOS ANGELESAPN8505-013-013

Schools near 522 Linwood Avenue

This home is within Monrovia Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Monroe Elementary School
PublicK to 5

Santa Fe Computer Science Magnet
Public6 to 8

Monrovia High School
Public9 to 12

Mountain Park School
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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522 Linwood Avenue is a multi-family home for sale in Monrovia, CA 91016. This property was listed for sale on April 7, 2023 by COLDWELL BANKER DYNASTY/ARC, it's currently listed at $2,248,000. It has been on the market for a total of 396 days and was last sold on May 11, 2017. This listing's school district is Monrovia Unified School District. Nearby schools include Monroe Elementary School, Santa Fe Computer Science Magnet and Monrovia High School. 522 Linwood Avenue is a 7-bed, 7-bath, 4,061 sqft multi-family home built in 1955.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of COLDWELL BANKER DYNASTY/ARC, STEVE HANG, DRE #01260352; Coldwell Banker Dynasty Arc., Van Tuyet To, DRE #01749625

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.