624 W Foothill, Monrovia, CA 91016
- $1,275,000
- List Price
- $1,275,000
- Status
- ACTIVE
- MLS#
- AR26204341
- Year Built
- 1951
- Lot Size
- 7,452
- Acres
- 0.17
- Days on Market
- 1
- Property Type
- Multifamily
- Property Sub Type
- Quadruplex
Property Description
Single-story fourplex offers an exceptional, low-maintenance addition to any savvy investor's portfolio. The property comprises four identical, thoughtfully proportioned units—each 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 expenditures—including a newer roof, fresh exterior paint, and lush, updated landscaping that elevates curb appeal—this asset drastically minimizes immediate maintenance overhead while securing long-term value and immediate cash-flow stability.
Additional Information
- Pool Description
- None
- Cooling
- Yes
- Cooling Description
- Wall/Window Unit(s)
- Garage Spaces Total
- 4
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Detached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $60,600
- Operating Expense
- 13467
Listing courtesy of Listing Agent: Espi Bagwell (espi.bagwell@kw.com) from Listing Office: Keller Williams Realty.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.