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Monrovia, CA 91016 522 Linwood Avenue

$2,249,000

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Presented By: STEVE HANG with COLDWELL BANKER DYNASTY/ARC; 626 688 3731
  • MLS# WS23198898
  • 10/25/2023
  • Request Tour
  • Request Info
  • FootageSQFT • 4,061

Home Details

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.
Presented By: STEVE HANG with COLDWELL BANKER DYNASTY/ARC; 626 688 3731

Interior Features for 522 Linwood Avenue

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesCommonArea
Street SuffixAvenue
Total Stories1

Other Rooms

Entry Level1

General for 522 Linwood Avenue

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityMonrovia
CoolingWallWindowUnits
CountyLos Angeles
Days on Market64
DirectionsN. Huntington Drive
Electric Expense597.0
Garage Y/NNo
HOA / Comm AssnNo
HeatingForcedAir
Home Warranty Y/NNo
Insurance Expense2180.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, CashtoNewLoan
Lot Size Square Feet11151.0
MLS Area639 - Monrovia
MaintenanceExpense3320.0
MobileHomeRemainsYNNo
Net Operating Income65484.0
New ConstructionNo
Occupancy DescriptionTenant
Operating Expense45820.0
Private PoolNo
Property Attached Y/NNo
Property Sub Type AdditionalMultiFamily
Property SubTypeMultiFamily
Property TypeCommercialSale
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Street NameLinwood
Total Units6
Trash Expense3045.0
View Y/NNo
Water Sewer Expense3971.0
Waterfront Y/NNo
Year Built1955
Year Built SourceAssessor

Exterior for 522 Linwood Avenue

Building Area Total4061.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesFrontYard
Lot Size Acres0.256
Lot Size Area11151.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings1
Open Parking Y/NNo
SpaNo
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $2,249,000
MLS#WS23198898
List Date 10/25/2023
Property Type Commercial
Phone 714.964.3311
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*According to the National Association of Realtors