424 E Foothill Boulevard
424 E Foothill Boulevard
424 E Foothill Boulevard
424 E Foothill Boulevard
424 E Foothill Boulevard
424 E Foothill Boulevard
424 E Foothill Boulevard
424 E Foothill Boulevard
424 E Foothill Boulevard
424 E Foothill Boulevard
424 E Foothill Boulevard
424 E Foothill Boulevard
424 E Foothill Boulevard
424 E Foothill Boulevard
424 E Foothill Boulevard
424 E Foothill Boulevard
424 E Foothill Boulevard
424 E Foothill Boulevard
424 E Foothill Boulevard
424 E Foothill Boulevard
424 E Foothill Boulevard
424 E Foothill Boulevard
424 E Foothill Boulevard
424 E Foothill Boulevard
424 E Foothill Boulevard
424 E Foothill Boulevard
424 E Foothill Boulevard
424 E Foothill Boulevard
424 E Foothill Boulevard
424 E Foothill Boulevard
424 E Foothill Boulevard
424 E Foothill Boulevard
424 E Foothill Boulevard
424 E Foothill Boulevard
424 E Foothill Boulevard
424 E Foothill Boulevard
424 E Foothill Boulevard
424 E Foothill Boulevard
424 E Foothill Boulevard
424 E Foothill Boulevard
424 E Foothill Boulevard
424 E Foothill Boulevard
424 E Foothill Boulevard
424 E Foothill Boulevard
424 E Foothill Boulevard
424 E Foothill Boulevard
424 E Foothill Boulevard
424 E Foothill Boulevard
424 E Foothill Boulevard
424 E Foothill Boulevard
424 E Foothill Boulevard
424 E Foothill Boulevard
424 E Foothill Boulevard
424 E Foothill Boulevard
424 E Foothill Boulevard
424 E Foothill Boulevard
424 E Foothill Boulevard
424 E Foothill Boulevard
424 E Foothill Boulevard
424 E Foothill Boulevard
424 E Foothill Boulevard
424 E Foothill Boulevard
424 E Foothill Boulevard
424 E Foothill Boulevard
424 E Foothill Boulevard
424 E Foothill Boulevard
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Listed by Jim Rock with COMPASS (626) 484-7006
$2,988,000

424 E Foothill Boulevard

5,094 Sq.Ft. 0.33 Acres

Description

We are proud to present this exceptionally clean, low-maintenance 7-unit apartment complex, ideally located in one of North Monrovia's most desirable neighborhoods just east of the Old Town area. This rare pride-of-ownership multifamily opportunity consists of three buildings--a main 5-unit building and two detached bungalow units--offering an attractive and flexible unit mix with strong tenant appeal.The property features three 1-bedroom/1-bath units, two 2-bedroom/1-bath units, and two spacious 2-bedroom/2-bath units. The 1-bedroom and 2-bedroom/1-bath units each include a single-car garage and share a common on-site laundry room, which also provides additional income. The 2-bedroom/2-bath bungalow units were constructed from the ground up approximately five years ago and offer modern amenities including in-unit stacked washer and dryers, forced air heating and central air conditioning, tankless water heaters, and fully paid solar systems--helping reduce operating costs while enhancing tenant comfort. One bungalow also features a large private fenced patio.The 2-bedroom/1-bath units have been thoughtfully upgraded with mini-split heating and air conditioning systems along with numerous additional improvements throughout the property. The main building includes upgraded electrical panels, five single-car garages, and consistent maintenance that reflects years of careful ownership.Located in a high-performing rental market with an exceptional long-term occupancy history, the property offers a quiet residential environment while remaining conveniently close to shopping, dining, parks, schools, and major commuter routes. This is truly one of the best-condition multifamily assets available in the surrounding area.An uncommon level of operational transparency is provided, with complete rent rolls and detailed historical documentation available, giving buyers confidence in underwriting and long-term performance.

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Location

424 E Foothill Boulevard, Monrovia, CA 91016

Status

For Sale
Jim Rock

Jim Rock

TITLE

REALTOR®, Partner

Monrovia

Monrovia is the fourth oldest city in Los Angeles County and has two historical preservation groups to boot.

Property Amenities

Interior
Laundry room Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Inside, Laundry Room, Stacked
Fireplace None
Appliances Electric Range, Gas Range, Gas Water Heater, Refrigerator, Range Hood, Tankless Water Heater, Vented Exhaust Fan, Water Heater, Washer
Flooring Laminate, Tile
Other Interior Features Built-in Features, Ceramic Counters, Quartz Counters, Recessed Lighting, Storage, Solid Surface Counters, Bedroom on Main Level
Area & Lot
Total area 5,094 Sq.Ft.
Lot Area 0.33 Acres
Living area 5,094 Sq.Ft.
MLS® ID P1-26034
Year Built 1948
Architecture Styles Traditional
Type Residential
Status For Sale
Exterior
Stories 2
Pool None
Air conditioning Central Air
Heat type Central, Forced Air, Solar
Green Feature Solar
Disability Features Parking, See Remarks
Water Source Public
Garage Space 5.0
Security Features Carbon Monoxide Detector(s), Smoke Detector(s)
Sewer Public Sewer, Sewer Tap Paid
Other Exterior Features Lighting, Rain Gutters
Parking Door-Single, Garage, On Site, Off Street, Garage Faces Rear, One Space, Side By Side
Lot Features Desert Back, Desert Front, Front Yard, Garden, Greenbelt, Irregular Lot, Landscaped, Level, Near Park, Near Public Transit, Rocks, Sprinklers None, Street Level, Walkstreet
Roof Composition, Shingle
Utilities Cable Available, Cable Connected, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Connected, Underground Utilities, Water Connected
Finance
Sales Price $2,988,000
Maintenance Fee $1,800 monthly
Real Estate Tax $23,183 yearly
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