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522 Linwood Ave
Monrovia, CA 91016
Multifamily Property For Sale
·
6 Units
Investment Highlights
- Unit F has been renovated with brand new kitchen, bathroom and 2 split A/C unit
- Separate electric and gas meter
- Long Term stable Tenants
- Excellent location, short distance to Foothill and Downtown monrovia
- Low Maintenance
Executive Summary
Exceptional six-unit investment opportunity in one of Monrovia's most sought-after neighborhoods. Situated on an approximately 11,151-square-foot lot, this attractive single-story property is conveniently located near Old Town Monrovia, Foothill Boulevard, shopping centers, restaurants, schools, parks, and public transportation. The property features an excellent unit mix consisting of one spacious two-bedroom, two-bathroom unit and five one-bedroom, one-bathroom units. The two-bedroom unit includes its own laundry hookups and split-system air conditioning. Most units have been updated with laminate flooring. The roof was replaced in 2017, and the property features recent upgraded electrical service, separate gas and electrical meters for each unit, individual water heaters, an on-site coin-operated laundry room, and one covered carport parking space per unit. Unit F has recently undergone an extensive renovation featuring laminate flooring, recessed lighting, dual-pane windows, a beautifully remodeled bathroom, an updated kitchen with quartz countertops and newer cabinetry, upgraded fixtures, and two split-system air-conditioning units. This well-maintained property offers strong in-place income, additional rental upside potential, and an outstanding location in the heart of Monrovia.
Property Facts
| Price Per Unit | $371,333 | Lot Size | 0.26 AC |
| Sale Type | Investment | Building Size | 4,166 SF |
| No. Units | 6 | Average Occupancy | 80% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built/Renovated | 1955/2026 |
| Building Class | C | Parking Ratio | 1.44/1,000 SF |
| Zoning | MORH | ||
| Price Per Unit | $371,333 |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.26 AC |
| Building Size | 4,166 SF |
| Average Occupancy | 80% |
| No. Stories | 1 |
| Year Built/Renovated | 1955/2026 |
| Parking Ratio | 1.44/1,000 SF |
| Zoning | MORH |
Property Taxes
| Parcel Number | 8505-013-013 | Improvements Assessment | $1,100,232 |
| Land Assessment | $733,487 | Total Assessment | $1,833,719 |
Property Taxes
Parcel Number
8505-013-013
Land Assessment
$733,487
Improvements Assessment
$1,100,232
Total Assessment
$1,833,719
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