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$ 2,228,000
Est. payment /mo
New
522 W Linwood Avenue Monrovia, CA 91016
5 Beds
5 Baths
0.26 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID AR26167821
Bedrooms 5
Lot Size 0.256 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
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 new 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.
Location
State CA
County Los Angeles
Zoning Assessor
Direction N. Huntington Drive
Interior
Heating Forced Air Unit
Cooling Wall/Window
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 8505013013
Acceptable Financing Cash
Listing Terms Cash
Listed by Van Tuyet To, DRE#01749625 CBD Investment Inc.
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