624 W Foothill, Monrovia, CA 91016

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List Price
$1,275,000
Days on Market
3
Status
ACTIVE
MLS#
AR26204341
Bedrooms
4
Bathrooms
4
Lot Size(apprx.)
7,452
City
Monrovia
Property Type
Multifamily

Property Description

Single-story fourplex offers an exceptional, low-maintenance addition to any savvy investor's portfolio. The property comprises four identical, thoughtfully proportioned unitseach featuring 550 square feet of efficiently designed living space complete with a spacious living area, dedicated dining room, and fully equipped kitchen. One vacant unit stands ready for immediate occupancy or market-rate leasing, showcasing gleaming hardwood floors and a modern kitchen. The remaining three residences boast updated kitchens along with various individual property enhancements. Upside potential awaits in the clean basement, which offers an ideal layout for conversion into a coin-operated laundry. Convenient vehicle storage includes four garage spaces supplemented by tandem parking, providing a seamless standard of two dedicated parking spots per unit. Backed by extensive recent capital expendituresincluding a newer roof, fresh exterior paint, and lush, updated landscaping that elevates curb appealthis asset drastically minimizes immediate maintenance overhead while securing long-term value and immediate cash-flow stability. Single-story fourplex offers an exceptional, low-maintenance addition to any savvy investor's portfolio. The property comprises four identical, thoughtfully proportioned unitseach featuring 550 square feet of efficiently designed living space complete with a spacious living area, dedicated dining room, and fully equipped kitchen. One vacant unit stands ready for immediate occupancy or market-rate leasing, showcasing gleaming hardwood floors and a modern kitchen. The remaining three residences boast updated kitchens along with various individual property enhancements. Upside potential awaits in the clean basement, which offers an ideal layout for conversion into a coin-operated laundry. Convenient vehicle storage includes four garage spaces supplemented by tandem parking, providing a seamless standard of two dedicated parking spots per unit. Backed by extensive recent capital expendituresincluding a newer roof, fresh exterior paint, and lush, updated landscaping that elevates curb appealthis asset drastically minimizes immediate maintenance overhead while securing long-term value and immediate cash-flow stability.

Additional Information

Cooling
Window/Wall
Lot Size
7,452
Tenant Pays
Cable TV, Electricity, Gas/Propane

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Espi Bagwell (626-824-2267) from Listing Office: Keller Williams Realty.

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