609 W Foothill Boulevard Monrovia, CA 91016

Multi-Family (2-4 Units) MLS #: PF25030671 Courtesy Of Magnolia Realty

$2,150,000

3 beds | 2 baths | 5,790 sq ft
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Estimated monthly payments: $9,398/mo.* (recalculate)

Property InformationDescription

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!
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Features

  • Age: Over 50 Years Old
  • Architecture Style: Other
  • Cooling System: Window Unit(s) A/C

MAP & DIRECTIONS

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609 W Foothill Boulevard, Monrovia, CA 91016
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School Information

609 W Foothill Boulevard, Monrovia, CA 91016

Elementary School
N/A
Middle School
Grades 6-8 | Public School
CLIFTON MIDDLE SCHOOL
Monrovia, CA 91016
226 S Ivy Ave
626.­471.2600
Distance: 0.8 mi
School Rating
A
Student:Teacher Ratio
23:1
Total Students
702
High School
Grades 9-12 | Public School
MONROVIA HIGH SCHOOL
Monrovia, CA 91016
845 W Colorado Blvd
626.­471.2800
Distance: 0.5 mi
School Rating
B+
Student:Teacher Ratio
24:1
Total Students
1601
Other Nearby Schools Distance Type Grades School Rating
Mayflower Elementary School 0.2 mi Public KG-5 B
Monroe Elementary School 0.5 mi Public KG-5 C
Calvary Road Baptist Academy 0.6 mi Private KG-12
Foothills Middle School 0.8 mi Public 6-8 A
Wild Rose School Of Creative Arts 1.1 mi Public KG-5 C+
Rancho Learning Center (alternative) 1.1 mi Public 1-12 C+
Canyon Early Learning Center 1.1 mi Public
Highland Oaks Elementary School 1.2 mi Public KG-5 A-
Arroyo Pacific Academy 1.3 mi Private KG-12
Immaculate Conception Catholic School 1.4 mi Private KG-8
Excelsior School 1.4 mi Private 9-12
First Avenue Middle School 1.4 mi Public 6-8 A
Santa Fe Computer Science Magnet School 1.5 mi Public 6-8 B-
Montessori Academy Of Arcadia 1.5 mi Private PK-TKG
Bradoaks Elementary Science Academy 1.6 mi Public KG-5 C-
Barnhart School 1.6 mi Private KG-8
Mountain Park 1.7 mi Public KG-12 C-
Canyon Oaks High School 1.7 mi Public 9-12 D
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Monrovia, CA 91016

Median Age: 40.5
Married: 44%
Number of Households: 14,940
Households with Children: 29.8%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
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