Skip To Content

522 Linwood Avenue

Monrovia, CA 91016
  • $2,248,000
  • STATUS: Active
  • ON SITE: 177 Days
  • ID#: WS23055931
Price Reduced
UPDATED: 240 min ago
$2,248,000
  • 0
    BEDS
  • 0.26
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1955
County:

School Ratings & Info

Listing Agent(s): Steve Hang of Coldwell Banker Dynasty/Arc (626-446-8999) and Van Tuyet To of Coldwell Banker Dynasty Arc.(626-446-8999)


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 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.

Monthly Payment Calculator



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-10-03T00:28:54.443. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Romero Home Team | eXp Realty. Licensed in the State of California, USA.
www.romerohometeam.com/homes/138395650
Print Image

522 Linwood Avenue Monrovia, CA 91016

  • Price: $2,248,000
  • Status: Active
  • On Site: 177 Days
  • Updated: 240 min ago
  • ID#: WS23055931
0
Beds
0
Baths
0
½ Baths
0.26
Acres
1955
Built
Neighborhood:
639 - Monrovia
County:
Los Angeles
Area:
639 - Monrovia
Property 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 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.
Exterior Features

Carport YN Yes Lot Features Front Yard Number Of Separate Electric Meters 7 Parking Features AssignedCarport Parking Total 0 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls Cooling Wall/Window Unit(S) Cooling YN Yes Fireplace Features None Fireplace YN No Heating Forced Air Heating YN Yes

Property Features

Additional Parcels YN No Common Interest Community Apartment Community Features Sidewalks Electric Expense 597 Fuel Expense 0 Garage YN No Gross Income 1200 Gross Scheduled Income 110100 Insurance Expense 2180 Land Lease YN No Laundry Features Common Area Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan Maintenance Expense 3320 Net Operating Income 65484 New Construction YN No New Taxes Expense 30000 Number Of Separate Gas Meters 7 Number Of Separate Water Meters 1 Operating Expense 45820 Property Sub Type Apartment Rent Control YN No Senior Community YN No Sewer Unknown Special Listing Conditions Standard Total Actual Rent 9425 Trash Expense 3045 Water Sewer Expense 3971 Water Source Public Zoning Morh*



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-10-03T00:28:54.443. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Romero Home Team | eXp Realty. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_371214094-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_371214094-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_371214094-2.jpg
Logo
Romero Home Team | eXp Realty
865 Aerovista Pl, Suite 120
San Luis Obispo CA, 93401
Listing Agent(s): Steve Hang of Coldwell Banker Dynasty/Arc (626-446-8999) and Van Tuyet To of Coldwell Banker Dynasty Arc.(626-446-8999)