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424 E Foothill BoulevardMonrovia, CA 91016

For Sale

$2,988,000

Smart Buyer Rebate $29,880

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.

Listed by Jim Rock

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License #01057765

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COMPASS

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(626) 484-7006

Last updated February 27, 2026

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Source: CRMLS #P1-26034

Listing Facts

  • TypeMulti-family
  • NeighborhoodUpper San Gabriel Valley
  • Days on Prevu18
  • Taxes$23,183/year

Amenities

  • Washer/Dryer
  • Air Conditioning
  • Parking

Location

Mortgage Calculator

Listing History

02/27/2026
Listed by COMPASS
$2,988,000

Property Details for 424 E Foothill Boulevard

Association

Amenities

  • Community Features: Foothills, Gutter(s), Street Lights, Suburban, Sidewalks, Park

Exterior

Construction

  • Number Of Units Total: 7
  • Property Condition: Updated/Remodeled, Turnkey
  • Roof: Composition, Shingle
  • Stories: 2
  • Stories Total: 12
  • Window Features: Double Pane Windows
  • Year Built: 1948
  • Architectural Style: Traditional
  • Builder Name: Mr Do It Right!
  • Common Walls: No Common Walls
  • Construction Materials: Frame, Stucco, Synthetic Stucco
  • Entry Level: 1
  • Entry Location: 1
  • Exterior Features: Lighting, Rain Gutters

Features

  • Direction Faces: North
  • Fencing: Good Condition, Grapestake, Wrought Iron
  • Other Structures: Storage
  • Road Frontage Type: City Street

Measurements

  • Building Area Total: 5,094
  • Lot Dimensions Source: Public Records
  • Lot Features: Desert Back, Desert Front, Front Yard, Garden, Greenbelt, Irregular Lot, Landscaped, Level, Near Park, Near Public Transit, Rocks, Sprinklers None, Street Level, Walkstreet
  • Lot Size Acres: 0.33
  • Lot Size Area: 14,512
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 14,512
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Gross Income: $196,200.00
  • Operating Expense: $40,500.00

Taxes

  • Parcel Number: 8517001022
  • Tax Annual Amount: $23,183.00
  • Tax Year: 2025

Interior

Features

  • Appliances: Electric Range, Gas Range, Gas Water Heater, Refrigerator, Range Hood, Tankless Water Heater, Vented Exhaust Fan, Water Heater, Washer
  • Flooring: Laminate, Tile
  • Interior Features: Built-in Features, Ceramic Counters, Quartz Counters, Recessed Lighting, Storage, Solid Surface Counters, Bedroom On Main Level

Other

Environmental

  • Green Energy Efficient: HVAC,Lighting,Water Heater,Windows

Features

  • Accessibility Features: Parking, See Remarks

Location

  • Subdivision Name: Not Applicable
  • Tax Lot: 1&2

Parking

Parking

  • Garage Spaces: 5
  • Garage: Yes
  • Open Parking Spaces: 10
  • Parking Features: Door-Single, Garage, On Site, Off Street, Garage Faces Rear, One Space, Side By Side
  • Parking Total: 15

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Electric: 220 Volts Other, Electricity - On Property, See Remarks, Standard
  • Heating: Central, Forced Air, Solar
  • Has Heating: Yes
  • Laundry Features: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Inside, Laundry Room, Stacked
  • Sewer: Public Sewer,Sewer Tap Paid
  • Utilities: Cable Available, Cable Connected, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Connected, Underground Utilities, Water Connected
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 424 E Foothill Boulevard.

Does this multi-family home have parking?

Yes, there are 5 parking spaces available for 424 E Foothill Boulevard.

What are the annual taxes for 424 E Foothill Boulevard?

Annual taxes for this multi-family home are estimated at $23,183.

How does 424 E Foothill Boulevard compare to other multi-family homes in Upper San Gabriel Valley?

This multi-family home is listed 33% above the average price for multi-family homes in Upper San Gabriel Valley and has been on the market for 64 less days than the typical home in this area.

424 E Foothill Boulevard is a -bedroom multi-family home for sale in Monrovia CA 91016. Listed on Prevu for 18 days at $2,988,000. This home is located in Upper San Gabriel Valley. The median listing price for multi-family homes in this area is $1,395,000. The home offers air conditioning, parking, and washer/dryer. View other multi-family home listings in Los Angeles County.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.