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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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
Listed by Jim Rock with COMPASS (626) 484-7006
For Sale

424 E Foothill Boulevard

424 E Foothill Boulevard, Monrovia, CA 91016

$2,988,000
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.

Studio

5,094 Sq.Ft. LIVING AREA

0.33 Acres lot

Jim  Rock

Jim Rock

Features & Amenities

Interior

  • total bedrooms0
  • Laundry room Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Inside, Laundry Room, Stacked
  • Flooring Laminate, Tile
  • Fireplace None
  • APPLIANCES Electric Range, Gas Range, Gas Water Heater, Refrigerator, Range Hood, Tankless Water Heater, Vented Exhaust Fan, Water Heater, Washer
  • other interior Features Built-in Features, Ceramic Counters, Quartz Counters, Recessed Lighting, Storage, Solid Surface Counters, Bedroom on Main Level

Area & Lot

  • Status For Sale
  • Living Area5,094 Sq.Ft.
  • Total Area5,094 Sq.Ft.
  • Lot Area0.33 Acres
  • MLS® IDP1-26034
  • TypeResidential
  • YEAR BUILT1948
  • NeighborhoodMonrovia
  • Architecture StylesTraditional

Exterior

  • STORIES2
  • Garage Space5.0
  • water SourcePublic
  • utilitiesCable Available, Cable Connected, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Connected, Underground Utilities, Water Connected
  • PoolNone
  • roofComposition, Shingle
  • lot featuresDesert Back, Desert Front, Front Yard, Garden, Greenbelt, Irregular Lot, Landscaped, Level, Near Park, Near Public Transit, Rocks, Sprinklers None, Street Level, Walkstreet
  • parkingDoor-Single, Garage, On Site, Off Street, Garage Faces Rear, One Space, Side By Side
  • HEAT TYPECentral, Forced Air, Solar
  • AIR CONDITIONINGCentral Air
  • sewerPublic Sewer, Sewer Tap Paid
  • SubstructureSlab
  • Disability FeaturesParking, See Remarks
  • security FeaturesCarbon Monoxide Detector(s), Smoke Detector(s)
  • Green featuresSolar
  • other exterior FeaturesLighting, Rain Gutters

Financial

  • Sales Price$2,988,000
  • Real Estate Tax $23,183/yr
  • Maintenance Fee $1,800/mo
  • Zoning Multi-Family MORH
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Schedule a Showing

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Thank you for your interest in 424 E Foothill Boulevard, Monrovia, CA 91016. We are reviewing your request and will be in touch shortly!

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Monrovia

34.1443° N, 118.0019° W

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