609 W Foothill Blvd
Monrovia, CA 91016
Prime Investment Opportunity Don t miss this exclusive opportunity to acquire a well-maintained, low-operating-cost 8-unit apartment building in the heart of Monrovia a thriving rental market known for strong appreciation, excellent schools, and a robust job market.
Sales Price $1,905,000
Monrovia Apartment
Beds
3
Baths
2
Home Size
5790 Sq. Ft.
Lot Size
9145 Sq. Ft.
Prime Investment Opportunity Don t miss this exclusive opportunity to acquire a well-maintained, low-operating-cost 8-unit apartment building in the heart of Monrovia a 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 County s most sought-after rental markets. A rare opportunity for investors looking for stability, growth, and excellent returns!
Quick Facts
- 23 days on market
- Built in 1953
- Total parking spaces 8Car
- Assigned
- Apartment
- Community | Monrovia
- MLS# | PF25030671PF
Features
- Wall/Window Unit(s) Cooling
- Wall Heat
The multiple listings information is provided by The MLS™/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2014 The MLS™/CLAW. All Rights Reserved. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate and should be independently verified.
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