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$2,248,000   Price Analysis
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522 Linwood Ave
Monrovia, CA 91016
7 bed 7 bath 4,061 SqFt ($553/SqFt)
0.26 acre lot. Built 1955
Listed 2023-04-08, Taxes $24,238
Ⓧ USDA Ineligible
due to price & location

near Monrovia

We are pleased to present for sale a Six unit multi-family investment located in the most desirable location of the city of Monrovi

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 Contemporary roof was installed in 2017. The highly desirable single-story property consists of a mixture of 1 x 2 Bedroom + 2 Bathroom unit with i ts 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.


Presented by Steven Huang at
Coldwell Banker Dynasty/Arc.
Listing Agent Photo

Property MLS #WS23055931 from CRMLS

Bedrooms: 7

Laundry Features: Community

Cooling Features: Wall/Window Unit(s)
Heating Features: Forced Air
Heating: Yes

Full Bathrooms: 7

Lot Description: Front Yard
Lot Size Acres: 0.256
Lot Size Source: Assessor
Lot Size Square Feet: 11151

Parking Features: Parking YN: Yes, Parking Features: Assigned, Carport

Number of Units: 6
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 1
Bedrooms in Unit-5: 1
Bedrooms in Unit-6: 1
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Total Bathrooms in Unit-5: 1
Total Bathrooms in Unit-6: 1

Gardener Expense: 960.00
Maintenance Expense: 3320.00

Community Features: Sidewalks

Source Listing Status: Active
County: Los Angeles
Source Property Type: Residential Income
Insurance Expense: 2180.00
Area: 639 - Monrovia
Source Neighborhood: 639 - Monrovia
New Taxes Expense: 30000.00
Number of Separate Electric Meters: 7
Number of Separate Gas Meters: 7
Number of Separate Water Meters: 1
Parcel Number: 8505013013
Postal Code Plus 4: 2676
Professional Management Expense: 5505.00
Trash Expense: 3045.00
Zoning: MORH
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$1,036,774 + $691,182
$1,727,956
$24,238
2021$1,016,446 + $677,630
$1,694,076
$23,772
2020$1,006,024 + $670,682
$1,676,706
$23,071
2019$986,299 + $657,532
$1,643,831
$22,685
2018$966,960 + $644,640
$1,611,600
$22,155
2017$348,743 + $332,890
$681,633
$10,555
2016$341,905 + $326,363
$668,268
$10,336
2015$336,770 + $321,461
$658,231
$10,128
2014$330,174 + $315,165
$645,339
$10,060
2013$328,682 + $313,741
$642,423
$9,999
2012$322,238 + $307,590
$629,828
$9,855
2010$315,920 + $301,559
$617,479
$9,413
2009$314,304 + $300,018
$614,322
$9,254
2009$313,559 + $299,306
$612,865
$9,254
2008$308,142 + $294,136
$602,278
$9,064
2007$302,100 + $288,369
$590,469
$8,893

Relisted 2024-05-30
$2,248,000
CRMLS
Listing removed 2024-05-16
$0
CRMLS
Price Changed 2023-09-30
$2,248,000
CRMLS
Price Changed 2023-06-08
$2,249,000
CRMLS
Listed 2023-04-08
$2,400,000
CRMLS
Listing removed 2018-06-27
$2,100
CRMLS
Price Changed for rent 2018-04-10
$2,100
CRMLS
Listed for rent 2018-01-11
$2,200
CRMLS
Listing removed 2017-10-26
$2,200
CRMLS
Listed for rent 2017-09-29
$2,200
CRMLS
Sold 2017-05-24
$1,580,000
Public Record
Listing removed 2017-05-24
$1,550,000
TheMLSCLAW
Listed 2017-04-23
$1,550,000
TheMLSCLAW
Sold 2017-02-03
$1,130,000
Public Record
Sold 1985-11-19
$270,000
Public Record

Net Operating Income: 65484.00

Total Square Feet Living: 4061
Year Built: 1955
Building Features: 1
Common Walls: 2+ Common Walls
Property Age: 69
Property Attached: Yes
Levels or Stories: One
Building Total Stories: 1
Structure Type: Apartment
Year Built Source: Assessor

Electric Expense: 597.00
Sewer: Water Sewer Expense: 3971.00
Water Source: Public

Monroe Elementary School is a public elementary school located approximately 0.4 miles away.
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Monrovia High School is a public high school located approximately 0.4 miles away.
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Santa Fe Computer Science Magnet is a public middle school located approximately 1.3 miles away.
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Calvary Road Baptist Academy is a private elementary, middle and high school located approximately 0.4 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.