424 E Foothill Boulevard, Monrovia, CA 91016
Local realty services provided by:CENTURY 21 Allstars
424 E Foothill Boulevard,Monrovia, CA 91016
$2,988,000
- - Beds
- - Baths
- 5,094 sq. ft.
- Multi-family
- Active
Listed by: jim rock
Office: compass
MLS#:P1-26034
Source:CRMLS
Price summary
- Price:$2,988,000
- Price per sq. ft.:$586.57
About this home
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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Home facts
- Year built:1948
- Listing ID #:P1-26034
- Added:32 day(s) ago
- Updated:March 28, 2026 at 10:34 AM
Rooms and interior
- Flooring:Laminate, Tile
- Kitchen Description:Electric Range, Gas Range, Range Hood, Refrigerator, Vented Exhaust Fan
- Living area:5,094 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central, Forced Air, Solar
- Central air:Yes
Structure and exterior
- Roof:Composition, Shingle
- Year built:1948
- Building area:5,094 sq. ft.
- Lot area:0.33 Acres
- Lot Features:Desert Back, Desert Front, Front Yard, Garden, Greenbelt, Irregular Lot, Landscaped, Level with Street, Near Park, Near Public Transit, Rocks, Street Level, Walkstreet
- Architectural Style:Traditional
- Construction Materials:Frame, Stucco, Synthetic Stucco
- Exterior Features:Lighting, RainGutters
- Foundation Description:Slab
- Levels:2 Story
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected, Sewer Tap Paid
Finances and disclosures
- Price:$2,988,000
- Price per sq. ft.:$586.57
- Tax amount:$23,183 (2025)
Features and amenities
- Appliances:Electric Range, Washer
- Laundry features:Inside, Stacked, Washer
- Amenities:Carbon Monoxide (CO2) Detector, Ceramic Counters, Gas Water Heater, Koi Pond, Quartz Counters, Rain Gutters, Recessed Lighting, Solid Surface Counters, Storage, Tankless Water Heater, Water Heater
Parking
- Total parking spaces:15
- Parking description:Door-Single, Garage, Garage Faces Rear, Off Street, On Site, One Space, Side By Side
- Garage:Yes
- Garage spaces:5
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