609 W Foothill Boulevard, Monrovia, CA 91016 - Berkshire Hathaway HomeServices California Properties

609 W Foothill Boulevard, Monrovia, CA 91016

$2,150,000 Approx. USD 0 beds, 0 baths

Listing Agent


Lynne Tran | lynnetran88@gmail.com
Lic#: 01845360
Broker: Courtesy of Magnolia Realty

Agent Remarks

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!

Listing Details

Property type: Apartment (Multi-Family)
Status: Pending
MLS# PF25030671
Price: $2,150,000
Beds: 0
Baths: 0
None fireplaces
Built in 1953
2 stories
0.21 acres
Lot size: 0.2099
County: Los Angeles
Zoning: MORH*
Parking description: Assigned
Lot description: Near Park,Near Public Transit,Rectangular Lot
Heating/cooling: Wall/Window Unit(s)
Heating description: Wall Furnace
MLS area: 639 - Monrovia

Last Updated: 3/12/2025

 Days On Market (DOM): 23

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This listing belongs to the 639 - Monrovia MLS area

Lat/Long: 34.151547, -118.011704.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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