609 W Foothill Boulevard, Monrovia, CA

$2,150,000

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3

Beds

2

Baths

0.21

Acres

About 609 W Foothill Boulevard

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!

Features of 609 W Foothill Boulevard

MLS® # PF25030671
Price $2,150,000
Bedrooms 3
Bathrooms 2.00
Acres 0.21
Type Residential Income
Sub-Type Res Income 2-4 Units
Status Closed

Community Information

Address 609 W Foothill Boulevard
City Monrovia
County Los Angeles
State CA
Zip Code 91016

Amenities

Is Waterfront No
Has Pool No
Pool N/K

Interior

Cooling Wall/Window
Fireplace Yes
Stories 2 Story

Exterior

Lot Description Curbs,Sidewalks

Additional Information

Date Listed January 29th, 2025
Days on Market 35
Zoning Public Rec
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeMagnolia Realty

Listing Map

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