Property Detail

624 Foothill

Monrovia CA 91016

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$1,275,000

Status: Active

Property Details

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.

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