$2,950,000

516 Linwood Ave Monrovia, CA 91016

Estimated payment $18,668/month

Total Views 27,273
3 Beds
2 Baths
6,090 Sq Ft
$484 Price per Sq Ft

Highlights

  • Mountain View
  • No HOA
  • Landscaped
  • Monrovia High School Rated A
  • Laundry Room
  • Central Heating and Cooling System

About This Home

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.

Listing Agent

Ernie Boehr

Compass Brokerage Email: ernie.boehr@compass.com License #00821926 Listed on: 11/02/2024

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 0.25 Acre Lot
  • Two or More Common Walls
  • Landscaped
  • Level Lot
  • Flag Lot

Property Views

  • Mountain
  • Neighborhood

Home Design

  • Apartment
  • Entry on the 12th floor
  • Stucco

Interior Spaces

  • 6,090 Sq Ft Home
  • 2-Story Property
  • Panel Doors
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • 9 Parking Spaces
  • 9 Carport Spaces
  • Parking Available

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 17307
  • Assessor Parcel Number 8505013014
  • $3,307 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 9 Units

Amenities

  • Laundry Facilities

Building Details

  • 9 Separate Electric Meters
  • 9 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $10,830
  • Maintenance Expense $22,761
  • Professional Management Expense $11,400
  • Trash Expense $4,236
  • Water Sewer Expense $5,367
  • Operating Expense $46,830
  • Gross Income $75
  • Net Operating Income $95,595

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Price Per Unit: 327778
  • Professional Management Expense: 11400.00
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Water Sewer Expenses: 5367.00
  • Zoning: MORH*
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 8505013014
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Unfurnished
  • Stories: 2
  • Entry Location: 1,2
  • Common Walls: 2+ Common Walls
  • Appliances: No
  • Door Features: Panel Doors
  • Entry Level: 12
  • Price Per Square Foot: 484.40

Exterior Features

  • View: Mountain(s), Neighborhood
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Carport Spaces: 9.00
  • Parking: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 9.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 4236.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Level with Street, Lot 10000-19999 Sqft, Flag Lot
  • Lot Size Sq Ft: 10992.00
  • Lot Size Acres: 0.2523

Multi Family

  • Average1 Bed Area: 650 Square Feet
  • Average2 Bed Area: 750 Square Feet
  • Gross Income: 75.00
  • Gross Scheduled Income: 142425.00
  • Insurance Expense: 10830.00
  • Laundry Income: 75.00
  • Lot Size Area: 10992.0000 Square Feet
  • Maintenance Expense: 22761.00
  • Net Operating Income: 95595.00
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Gas Meters: 9
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 9
  • Operating Expense: 46830.00
  • Rent Control: No
  • Total Expenses: 46830.00

Tax Info

  • Tax Census Tract: 4310.03
  • Tax Lot: 8
  • Tax Tract Number: 17307
  • TaxOtherAnnualAssessmentAmount: 3307.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2024 11/02/24 For Sale $2,950,000 -- $484 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR24226394

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Monrovia 91016

516 Linwood Ave, Monrovia, CA

This home is located at 516 Linwood Ave, Monrovia, CA 91016 and is currently priced at $2,950,000, approximately $484 per square foot. This property was built in 1954. 516 Linwood Ave is a home located in Los Angeles County with nearby schools including Monroe Elementary School, Santa Fe Computer Science Magnet, and Monrovia High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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Ernie Boehr
Listing Agent
Ernie Boehr
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Compass
(626) 746-5965