727 W Foothill Boulevard, Monrovia, CA 91016
Property · 2 recorded sales since 2018
Sold May 2022
Listing Agent: German Ghibaudo (DRE #01327678) · Listing Office: Century 21 Ludecke Inc. · Contact: 626-445-0123 · Bought with: Sherry Carr · DPP · MLS #AR22075868 · Source: CRMLS
About this property
Great income property and investment opportunity in the wonderful foothills of Monrovia. This 4 unit property has been well maintained and cared for. The property sits in one of the best communities in the San Gabriel Valley. Nestled in the Foothills, and within close proximity to mass transit, with a bounty of restaurants and great shopping. The units are fully rented with long term tenants. The rents are low with plenty of room to increase. The area is sought after by tenants for its location and access to all highways. The property is extremely low maintenance, it is made up of 4 units, (1) - 2 bedroom/1 bath unit w/about 900 square feet and (3) - 1 bedroom/1 bath units w/about 600 square feet each. Each unit has one carport with alley access. The property also features a laundry room with coin operated washer and dryer that are included. The location offers easy access to local freeways 210 and 605, and Old Town Monrovia along with the Arcadia Mall. Monrovia rentals are extremely attractive, and good tenants are easy to find.
Listing description from the May 2022 sale, as reported to CRMLS.
Sale history
