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. Current code compliant railings have been newly installed. Truly a pride of ownership investment opportunity.
Listed by Ernie Boehr
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License #00821926
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Compass
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ernie.boehr@compass.com
Last updated December 15, 2025
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Source: CRMLS #AR24226394
Listing Facts
TypeMulti-family
NeighborhoodUpper San Gabriel Valley
Days on Prevu455
Amenities
Air Conditioning
Parking
Location
Mortgage Calculator
Listing History
11/01/2025
Status changed to Active
$2,695,000
10/27/2025
Status changed to Temporarily Off Market
$2,695,000
10/26/2025
Status changed to Removed from Feed
$2,695,000
10/25/2025
Status changed to Temporarily Off Market
$2,695,000
10/24/2025
Status changed to Removed from Feed
$2,695,000
10/24/2025
Status changed to Temporarily Off Market
$2,695,000
10/22/2025
Status changed to Removed from Feed
$2,695,000
10/13/2025
Price Decreased
$2,695,000
10/04/2025
Status changed to Active
$2,950,000
10/03/2025
Status changed to Removed from Feed
$2,950,000
09/20/2025
Status changed to Active
$2,950,000
09/19/2025
Status changed to Removed from Feed
$2,950,000
09/18/2025
Status changed to Active
$2,950,000
09/16/2025
Status changed to Removed from Feed
$2,950,000
09/11/2025
Status changed to Active
$2,950,000
09/08/2025
Status changed to Removed from Feed
$2,950,000
09/07/2025
Status changed to Active
$2,950,000
09/05/2025
Status changed to Removed from Feed
$2,950,000
09/04/2025
Status changed to Active
$2,950,000
09/03/2025
Status changed to Removed from Feed
$2,950,000
08/31/2025
Status changed to Active
$2,950,000
08/28/2025
Status changed to Removed from Feed
$2,950,000
06/28/2025
Status changed to Active
$2,950,000
06/27/2025
Status changed to Removed from Feed
$2,950,000
11/02/2024
Listed by Compass
$2,950,000
Property Details for 516 Linwood Avenue
Association
Amenities
Community Features: Street Lights
Exterior
Construction
Number Of Units Total: 9
Property Attached: Yes
Stories Total: 2
Year Built: 1954
Architectural Style: See Remarks
Common Walls: 2+ Common Walls
Construction Materials: Stucco
Entry Level: 12
Entry Location: 1,2
Features
Road Frontage Type: City Street
View: Mountain(s), Neighborhood
Measurements
Building Area Total: 6,090
Building Area Units: Square Feet
Lot Features: Flag Lot, Landscaped, Street Level
Lot Size Acres: 0.25
Lot Size Area: 10,992
Lot Size Source: Public Records
Lot Size Square Feet: 10,992
Lot Size Units: Square Feet
Financial
Residential Income
Cap Rate: 5.0
Gross Income: $189,840.00
Operating Expense: $46,830.00
Taxes
Parcel Number: 8505013014
Interior
Features
Flooring: See Remarks
Interior Features: Unfurnished
Other
Location
Tax Lot: 8
Parking
Parking
Carport Spaces: 9
Carport: Yes
Parking Features: Carport
Parking Total: 9
Utilities
Equipment
Cooling: Central Air
Has Cooling: Yes
Electric: Standard
Heating: Central
Has Heating: Yes
Laundry Features: Common Area
Sewer: Public Sewer
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Water Source: Public
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There is bedrooms in this multi-family home at 516 Linwood Avenue.
Does this multi-family home have parking?
Yes, there are 9 parking spaces available for 516 Linwood Avenue.
How does 516 Linwood Avenue compare to other multi-family homes in Upper San Gabriel Valley?
This multi-family home is listed 20% above the average price for multi-family homes in Upper San Gabriel Valley and has been on the market for 373 more days than the typical home in this area.
516 Linwood Avenue is a -bedroom multi-family home for sale in Monrovia CA 91016. On Prevu for 455 days at $2,695,000. This includes a recent price decrease of $255,000. This home is located in Upper San Gabriel Valley. The median listing price for multi-family homes in this area is $1,395,000. The home offers air conditioning and parking. Browse more multi-family home listings in Los Angeles County.
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.