$2,695,000
-$255,000516 Linwood Avenue, Monrovia CA 91016
Multi-Family (9 Units)
Property type
580 days
On market
$443
Price per sqft
0 cars
Garage
1954
Year built
10,992 sqft
Lot size
Home highlights
Open Houses
Overview
SIGNIFICANT PRICE REDUCTION!! 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....
Listing provided by: Ernie Boehr DRE #00821926, Compass
Listing updated: May 26, 2026 at 06:58pm.
Last checked: Jun 5, 2026 at 04:00am
Source: CRMLS #AR24226394
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 2 | 2 | 1 | — | $4,350 | $52,200 | $62,400 | Unfurnished |
| 7 | 1 | 1 | — | $11,470 | $137,640 | $176,400 | Unfurnished |
# of Buildings: 1
# of Units Total: 9
Separate Electric Meters: 9
Separate Gas Meters: 9
Separate Water Meters: 1
Rent Control: No
Financial Snapshot
Gross Rent Multiplier
14.2x
List Price / Annual Gross Rent
Cap Rate
5%
NOI / List Price
Gross Scheduled Income: $189,840
Operating Expense: $46,830
Net Operating Income: $143,010
Annual Operating Expenses
Insurance: $10,830
Licenses: $300
Maintenance: $22,761
Professional Management: $11,400
Trash: $4,236
Water / Sewer: $5,367
Interior
Interior Features: Unfurnished
Room Type: Other
Cooling: Central Air
Heating: Central
Fireplace: None
Laundry: Common Area
Accessibility: None
Entry Location: 1, 2
Exterior
Property Attached: Yes
Stories Total: 2
Door Features: Panel Doors
Construction Materials: Stucco
Common Walls: Two Common Walls Or More
Lot Features: Flag Lot, Landscaped, Street Level
Pool: None
Spa: None
Water Source: Public
Sewer: Public Sewer
Electric: Standard
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View: Mountains, Neighborhood
Road Frontage Type: City Street
Road Surface Type: Paved
Garage and Parking
Parking: Carport
Garage Spaces: 0
Carport Spaces: 9
Parking Total: 9
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 8505013014
Additional Parcels: No
Tax Lot: 8
Zoning: MORH*
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Street Lights
Nearby Schools
Nearby schools around the 516 Linwood Avenue, Monrovia, CA 91016. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$2,156,000
Total Interest
$2,749,859
Total Payment
$4,905,859
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$16,585
per month
Property History for 516 Linwood Avenue
Monrovia Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 91016.
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