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    516 Linwood Ave Monrovia, CA 91016

    For Sale
    $2,695,000

    Apartment - Monrovia, CA

    Type:Apartment
    Property size:
    6,090 SF
    Lot size:
    10,992.00 Acres
    Days on Market:
    46
    Last Refresh:
    Dec 15 at 8:06 am

    Property Features for 516 Linwood Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Apartment
    Standard status
    Active
    Zoning
    MORH*
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3
    Bedrooms
    3
    Bathrooms
    2
    APN
    8505013014
    Parking
    9
    Parking features
    Carport
    Interior features
    Unfurnished, None, Panel Doors
    Exterior features
    Community Features Included: Street Lights, Landscaped, Level With Street, Lot 10000-19999 Sqft, Flag Lot
    Size
    6,090 SF
    Lot size
    10,992.00 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1954
    Floors in Building
    2
    Number of units
    9
    Building materials
    Stucco
    Architectural style
    Other

    DPP (626) 683-0777 [email protected]

    Listing agent Ernie Boehr (626) 683-0777 License #00821926

    Listing date Oct 31, 2025

    MLS# AR24226394 Listing URL

    Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Monrovia Apartment Building For Sale

    Under single ownership since its original construction in 1954, this apartment building has been well-maintained. All units feature central A/C, individual water heaters, a living room with a dining area, and storage. Carport parking is available, with one space per unit, along with a storage cabinet. A Speed Queen coin-operated community laundry is also on-site. Current code-compliant railings have been newly installed. The property is located in Monrovia, California. The property size is 6090 square feet, situated on a lot of 0.2523 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Monrovia
    County
    Los Angeles
    State
    California
    Longitude
    -118.01061
    Latitude
    34.149725

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    FAQs

    What type of property is this?
    Apartment building - Well-maintained Monrovia apartment building with central A/C and carport parking.
    Where is this apartment building located?
    The property is located at 516 Linwood Ave Monrovia, CA.
    What is the asking price?
    The asking price for this property is $2,695,000.
    What are key features of this property?
    This property features: - Central A/C in all units; - Carport parking with storage cabinet (one space per unit); - Individual water heaters for each unit
    (626) 683-0777
    Request Owner's contact information
    516 Linwood Ave Monrovia, CA 91016
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    Monrovia, CA 91016
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    516 Linwood Ave Monrovia, CA 91016
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