Monrovia, CA 91016,609 W Foothill Boulevard
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Monrovia, CA 91016,609 W Foothill Boulevard
Monrovia, CA 91016,609 W Foothill Boulevard
Monrovia, CA 91016,609 W Foothill Boulevard
Monrovia, CA 91016,609 W Foothill Boulevard

$1,905,000

Est. payment /mo

$2,150,000

11.4%
Est.Price: ?

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609 W Foothill Boulevard Monrovia, CA 91016

3 Beds

SOLD DATE : 03/25/2025

Key Details

Sold Price $1,905,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PF25030671

Bedrooms 3

Property Sub-Type Res Income 2-4 Units

Property Description

Prime Investment Opportunity Dont miss this exclusive opportunity to acquire a well-maintained, low-operating-cost 8-unit apartment building in the heart of Monroviaa thriving rental market known for strong appreciation, excellent schools, and a robust job market. This fully leased property features a desirable unit mix of spacious 1-bed/1-bath (600 sqft) and 2-bed/1-bath (850 sqft) units. Positioned in a high-growth, centrally located area, this asset offers easy access to shopping, dining, entertainment, and major employment hubs. This property offers easy access to City of Hope, Arcadia, Azusa, Pasadena, and Downtown LA via nearby freeways and the Metro Gold Line. Additional amenities include onsite laundry and four double-car garages, adding convenience and value. With a proven income history, strong rental demand, and significant value-add potential, this property presents an ideal 1031 exchange opportunity or a strategic addition to your investment portfolio. Take advantage of low vacancy rates, potential for increased rents, and long-term appreciation in one of LA Countys most sought-after rental markets. A rare opportunity for investors looking for stability, growth, and excellent returns!

Location

State CA

County Los Angeles

Zoning Public Rec

Interior

Cooling Wall/Window

Exterior

View Y/N No

Building

Story 2

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MLS Router / San Diego MLS
Listed by Lynne Tran Magnolia Realty
Bought with Keller Williams Realty
Candi DeMoura

Candi DeMoura

Realtor | License ID: 01930846

+1(858) 900-1333

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