516 Linwood Avenue

Monrovia, CA 91016

$2,950,000
Price
3
Beds
9
Baths
6,090 Sq. Ft.
$484 / Sq. Ft.
6,090
Sq. Ft.
$484
per Sq. Ft.

Description

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.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

  1. Ernie Boehr

    Ernie Boehr

    Listing Agent

    Compass

    DRE #00821926

    ernie.boehr@compass.com

    P: (626)-233-5203

Property Details for 516 Linwood Avenue

Architectural Style
See Remarks
View
Mountain(s), Neighborhood
Parking Spaces Total
9
Private Pool
No
Cooling Type
Central Forced Air
Total Units
9.0
Building Type
Attached
Lot Size Source
Public Records
LISTING UPDATED: 12/06/2024 03:12 AM

Property Details for 516 Linwood Avenue

StatusActive
MLS #AR24226394
Days on Market48
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1954
CountyLos Angeles County

Building Information for 516 Linwood Avenue

Building/Complex516 Linwood AveFloor-Stories2Residences-Pet Policy-Year Built1954Building Size-

Property Information for 516 Linwood Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $75
  • Gross Scheduled Income: $142,425
  • Net Operating Income: $95,595
  • Laundry Income: $75
Expense Details
  • Operating Expense: $46,830
  • Licenses Expense: $300
  • Insurance Expense: $10,830
  • Maintenance Expense: $22,761
  • Professional Management Expense: $11,400
  • Trash Expense: $4,236
  • Water Sewer Expense: $5,367
  • Total Expenses: $46,830
Tax / Assessment Info
  • Tax Tract Number: 17307
  • Tax Census Tract: 4310.03
  • CFD/Mello-Roos Fee: $3,307
  • Tax Lot: 8
Community / Development
Community / Development
  • Accessibility Features: None
  • Disability Access: None
  • Community Features: Street Lights
Property / Structure Info
Interior Features
  • Appliances: None
  • Equipment: Community, None
  • Interior Features: Unfurnished
  • Room Type: See Remarks
  • Laundry: Yes
  • Laundry Features: Community
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Central Air
  • Heating Type: Central
  • Heating: Central
  • Flooring: See Remarks
Exterior Features
  • Door Features: Panel Doors
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Exterior: Stucco
  • Entry Location: 1,2
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: Landscaped, Level with Street, Lot 10000-19999 Sqft, Flag Lot
  • Number Of Units: 9
  • Land Lease: No
  • Land Lease Type: Fee
  • Topography: Level
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Electric: Standard
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Carport
  • Parking Garage Spaces: 0
  • Carport Spaces: 9
  • Parking Features: Carport
Unit Information
Unit 1
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $4,025
  • Unit Type Total Rent: $48,300
  • Unit Type Pro Forma: 62400
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 7
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $8,155
  • Unit Type Total Rent: $97,860
  • Unit Type Pro Forma: 184800
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Gas Meters: 9
  • Number Of Separate Water Meters: 1

Property History for 516 Linwood Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 516 Linwood Avenue

Taxable ValueLand$31,214Additions$115,098Total$146,312
Tax Record2024$5,211 ($434 / month)
Home Facts
Total Finished SqFt6,090 SqFtAbove Grade Finished SqFt6,090 SqFtLot Size10,989 SqFtStyleMulti-Family Res (5+ Units)Year Built1954ZoningMORH*CountyLOS ANGELESAPN8505-013-014

Schools near 516 Linwood Avenue

This home is within Monrovia Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Monroe Elementary School
PublicK to 5

Santa Fe Computer Science Magnet
Public6 to 8

Monrovia High School
Public9 to 12

Mountain Park School
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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516 Linwood Avenue is a multi-family home for sale in Monrovia, CA 91016. This property was listed for sale on November 1, 2024 by Compass, it's currently listed at $2,950,000. This listing's school district is Monrovia Unified School District. Nearby schools include Monroe Elementary School, Santa Fe Computer Science Magnet and Monrovia High School. 516 Linwood Avenue is a 3-bed, 9-bath, 6,090 sqft multi-family home built in 1954.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Ernie Boehr, DRE #00821926

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.