609 W Foothill Boulevard Active

Monrovia,CA 91016

$ 2150000

3 Beds

2 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PF25030671

Bedrooms 3

Lot Size 9,145 Sqft

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!
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

Area Monrovia (91016)

Zoning Public Rec

Interior

Cooling Wall/Window

Exterior

Parking Features Unit1:Assigned

Building

Lot Description Curbs,Sidewalks

Story 2

Others

Acceptable Financing Cash,Conventional,Exchange

Space Rent $5,230

Listing Terms Cash,Conventional,Exchange

View More
Favorite Go Tour