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550 W Foothill Boulevard C, Monrovia, California 91016, Monrovia, 91016 - 2 bed, 2 bath

550 W Foothill Boulevard C, Monrovia, California 91016 home-pic-0
ACTIVE$620,000
550 W Foothill Boulevard C, Monrovia, California 91016
2Beds
2Baths
1,395Sqft
121,988Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Location & Accessibility: Ideally situated in the heart of Monrovia, offering easy access to Old Town's shopping, dining, and entertainment, nearby parks/trails, and convenient freeway (210, 605) and Gold Line access for commuting.
Top Cons:
High Monthly HOA Fees: The $520 monthly association fee is a significant recurring cost that potential buyers must factor into their budget, impacting overall affordability.

Compared to the nearby listings

Price:$620.0K vs avg $692.5K ($-72,510)42%
Size:1,395 sqft vs avg 1,340 sqft67%
Price/sqft:$444 vs avg $5708%

More Insights

Built in 1979 (46 years old).
Condition: The property, built in 1979, is well-maintained and move-in ready. The kitchen has updated granite countertops and stainless steel appliances, and the bathrooms feature double vanities. However, the style of these updates, including the dark wood cabinetry, light fixtures, and framed shower doors, suggests they were completed 15-20+ years ago rather than a recent renovation. The flooring and other elements are functional but show signs of being outdated, fitting the criteria for a property that has undergone regular upkeep and occasional updates but not a full modern overhaul.
Year Built
1979
Close
-
List price
$620K
Original List price
$649K
Price/Sqft
$444
HOA
$520
Days on market
-
Sold On
-
MLS number
TR25035418
Home ConditionFair
Features
Good View: Courtyard, Trees/Woods
Deck
Patio
ViewCourtyard, Trees/Woods

About this home

PRICE IMPROVEMENT!!! Welcome to this charming and well-maintained condo located in the heart of Monrovia. This spacious two level unit offers a perfect blend of comfort and convenient living, ideal for first-time homebuyers, downsizers, or investors. Second floor features high ceilings with a spacious open-concept, living room with fireplace, dining & bar area perfect for entertaining, updated kitchen with granite countertops, stainless steel stove, and plenty of cabinetry, private patio balcony for relaxation and outdoor dining. Upper primary bedroom suite with ample natural light, double vanity sinks in bathroom and an abundant closet space. First floor features a primary bedroom suite with full bathroom, large patio for fresh air and BBQing, indoor laundry area, large closet storage space, attached two car garage with direct access plus guest parking area available. Close access to community amenities such as the pool, spa, clubhouse, and well-maintained landscaping. Ideally situated on W. Foothill Blvd, this unit offers easy access, just minutes to Old Town Monrovia for shopping, dining, and entertainment. Enjoy the nearby parks and trails, and take advantage of Monrovia's vibrant community atmosphere. Convenient freeway access to the 210 & 605, and the Gold Line makes commuting a breeze. Don’t miss out on this fantastic opportunity! Schedule a viewing today to experience all that this beautiful condo has to offer.

Condition Rating
Fair
The property, built in 1979, is well-maintained and move-in ready. The kitchen has updated granite countertops and stainless steel appliances, and the bathrooms feature double vanities. However, the style of these updates, including the dark wood cabinetry, light fixtures, and framed shower doors, suggests they were completed 15-20+ years ago rather than a recent renovation. The flooring and other elements are functional but show signs of being outdated, fitting the criteria for a property that has undergone regular upkeep and occasional updates but not a full modern overhaul.
Pros & Cons

Pros

Prime Location & Accessibility: Ideally situated in the heart of Monrovia, offering easy access to Old Town's shopping, dining, and entertainment, nearby parks/trails, and convenient freeway (210, 605) and Gold Line access for commuting.
Spacious Two-Level Layout: Features a well-maintained, spacious two-level unit with high ceilings, an open-concept living area, and two primary bedroom suites, providing flexible living arrangements and ample space.
Updated Kitchen & Modern Features: The kitchen has been updated with granite countertops and stainless steel appliances, enhancing its modern appeal, complemented by a fireplace and private patio/balcony spaces.
Comprehensive Community Amenities: Residents benefit from access to desirable community amenities including a pool, spa, clubhouse, and well-maintained landscaping, adding significant lifestyle value.
Attached Two-Car Garage & Price Improvement: Includes a convenient attached two-car garage with direct access and guest parking, and a recent price improvement makes the property more competitively positioned in the market.

Cons

High Monthly HOA Fees: The $520 monthly association fee is a significant recurring cost that potential buyers must factor into their budget, impacting overall affordability.
Potential for Road Noise: Located directly on W. Foothill Blvd, a major thoroughfare, the unit may experience traffic noise, which could be a consideration for some buyers seeking quieter living.
Building Age: Built in 1979, while some areas are updated, the overall age of the building suggests that certain original systems (e.g., plumbing, electrical, HVAC) may be older and could require future maintenance or upgrades.

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