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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.

Request a Showing — 609 W Foothill Blvd

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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
Connect with an agent
(6)

Elle Davidson

Partner - First Time Buyer Specialist, Probate Specialist | DRE #01881696

Listed By Lynne Tran · Magnolia Realty

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