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Residential Income Property
For Sale
$2,228,000

522 W Linwood Avenue, Monrovia, CA 91016

Income-producing residential asset with assigned carport parking and a combination of forced-air and wall/window unit systems.

Property Size4,061 SF
Days on Market33

Property Features for 522 W Linwood Avenue

General Information

Standard status Active
Size 4,061 SF
Property subtype Residential Income
Zoning MORH*
Net Operating Income $81,980

Amenities

Sidewalks
Wall/Window Unit(s)
Forced Air
Assigned, Carport

Building Details

Building Size 4,061 SF
Year Built 1955
Buildings 1
Stories 1
Listing Agency: CBD Investment Inc.
Listed By: Van Tuyet To · License #01749625
Source: Evrealestate
Added: Jul 31 Changed: Aug 24 Last Checked: Sep 1 at 4:20PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBD Investment Inc.

Investment Insights

Based on property information with market context.

This residential income property was built in 1955 and includes assigned carport parking. Interior systems include forced-air equipment and wall/window unit(s), while no additional interior features are identified.

The property is located at 522 W Linwood Avenue in Monrovia, California, within Los Angeles County. Zoning is designated MORH*.

Key Highlights

  • 1955 construction
  • Assigned carport parking
  • Forced‑air system

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$65,345
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
2.93%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,306,900 $1.3M
Cap Rate 7%
$933,500 $933.5K
Cap Rate 9%
$726,056 $726.1K
Market Conditions
NOI Build-Up for 4,061 SF Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent. EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs. OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements. NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$129.1K $31.80/SF
− Vacancy
−$10.3K −$2.54/SF
EGI
$118.8K $29.26/SF
− OpEx
−$53.5K −$13.17/SF
NOI
$65.3K $16.09/SF
Area
Los Angeles County, CA
Vacancy
8.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,306,900
Cap Rate 7%
$933,500
Cap Rate 9%
$726,056

Alternative Uses

Best Use
Apartment 5plus
$933.5K
$816.8K – $1.09M (±1% cap)
NOI $65,345 @ 7.0% cap · market cap 2.93%
Second Best
no second resolved use
Theoretical Best
Office A
$2.17M
$1.90M – $2.54M (±1% cap)
NOI $152,197 @ 7.0% cap · market cap 6.83%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Residential income properties

Suggested Use

Top Pick Parking Lot & Garage Food Market Grocery & Convenience Store (Bike/Boat/Book/etc) Store Butcher Tech Support Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,045
Businesses Nearby

Demographics for 91016, CA

41,852
Population
16,171
Households
2.6
Avg Household Size
41
Median Age
44%
College-Educated
90%
High-School Grad
8.5 sq mi
ZIP Area
4,924
Density / Sq Mi
$99,555
Median Household Income
$51,120
Median Earnings
$2,008
Median Rent
$874,100
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential income property - Income-producing residential asset with assigned carport parking and a combination of forced-air and wall/window unit systems.
Where is this residential income property located?
The property is located at 522 W Linwood Avenue Monrovia, CA.
What is the asking price?
The asking price for this property is $2,228,000.
What are key features of this property?
This property features: 1955 construction; Assigned carport parking; Forced‑air system
More about this property
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