Properties

Monrovia, CA 91016 516 Linwood Avenue

516 Linwood Avenue Monrovia, CA - Image 1516 Linwood Avenue Monrovia, CA - Image 2516 Linwood Avenue Monrovia, CA - Image 3
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Presented By: Ernie Boehr with Compass; ernie.boehr@compass.com
  • MLS# AR24226394
  • 11/01/2024
  • Get pre-approved
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  • Baths • 1
  • SQFT • 6,090

Home Details

SIGNIFICANT PRICE REDUCTION!! Under single ownership since original construction in 1954, this property has enjoyed good care and maintenance over the years. All units have central A/C, individual water heaters, living room with dining area and nice storage. Carport parking with storage cabinet, one space per unit, is provided, along with Speed Queen coin-op community laundry. Current code compliant railings have been newly installed. Truly a pride of ownership investment opportunity.
Presented By: Ernie Boehr with Compass; ernie.boehr@compass.com

Interior Features for 516 Linwood Avenue

Other Interior Features

Air Conditioning Y/NYes
Common Walls2+ Common Walls
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringSee Remarks
Heating Y/NYes
Interior AmenitiesUnfurnished
Laundry FeaturesCommon Area
Total Stories2

Other Rooms

Entry Level12

General for 516 Linwood Avenue

AccessibilityNone
Additional Parcels Y/NNo
Architectural StyleSee Remarks
Building Area UnitsSquare Feet
Cap Rate5
Carport Spaces9
Carport Y/NYes
CityMonrovia
Community FeaturesStreet Lights
Construction MaterialsStucco
CoolingCentral Air
CountyLos Angeles
DirectionsS/Foothill, W/Mayflower
ElectricStandard
Entry Location1, 2
Garage Spaces
Garage Y/NNo
Gross Income189840
HOANo
HOA Fee$
HeatingCentral
Insurance Expense10830
Land Lease Y/NNo
Listing TermsConventional
Lot Size Square Feet10992
Lot Size UnitsSquare Feet
MLS Area639 - Monrovia
MaintenanceExpense22761
Net Operating Income143010
New ConstructionNo
Number Of Units Total9
Operating Expense46830
Pool FeaturesNone
PostalCityMONROVIA
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidential Income
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublic Sewer
Spa FeaturesNone
Special Listing ConditionsTrust
Standard StatusActive
StatusActive
Tax Lot8
Trash Expense4236
UtilitiesElectricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
ViewMountain(s), Neighborhood
Water Sewer Expense5367
Year Built1954
Year Built SourcePublic Records
ZoningMORH*

Exterior for 516 Linwood Avenue

Building Area Total6090
Door FeaturesPanel Doors
Lot FeaturesFlag Lot, Landscaped, Street Level
Lot Size Acres0.2523
Lot Size Area10992
Lot Size SourcePublic Records
Number of Buildings1
Number of Separate Electric Meters9
Number of Separate Gas Meters9
Number of Separate Water Meters1
Parking FeaturesCarport
Private PoolNo
Road Frontage TypeCity Street
Road Surface TypePaved
SpaNo
Total Parking9
Water SourcePublic

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $2,695,000
MLS#AR24226394
List Date 11/01/2024
Property Type Multi-Family
Phone 888.795.6274
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