835 E Foothill Boulevard, Monrovia, California 91016, Monrovia, 91016 - 0 bed, 0 bath
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Monrovia, California 91016
This triplex presents a High-Potential Investment Opportunity with a List Price of $1,396,800—positioned well below the $1,398,000 Fair Market Value by 0.09%. This valuation gap offers $1,200 in Instant Equity. Featuring a Fair Condition Rating, the property requires modernization to maximize rental yields. With a 2:1 parking-to-unit ratio and a prime North Monrovia location, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants looking to house-hack in a high-demand rental market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 835 E Foothill Boulevard Subject | $1,396,800* List Price | 0 | 0 | 2,571 | $544 | - |
A 132 Poinsettia Avenue Sold | $1,285,000 | 0 | 0 | 2,148 | $598 | 0.5 mi |
B 132 Poinsettia Avenue Sold | $1,285,000 | 5 | 4 | 2,148 | $598 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1954, this triplex is functional but significantly dated. While the living areas have received some updates like laminate flooring, the bathrooms show 30+ year old tile work and fixtures. The presence of older wall heaters and the lack of mention regarding recent HVAC or electrical upgrades suggest systems are aged. The property requires cosmetic and system modernization to achieve market-rate rents.
Situated in a highly sought-after neighborhood near Old Town Monrovia, the property offers easy access to premium dining, shopping, and community events, ensuring high tenant demand and long-term appreciation.
The triplex features a diverse mix of two-bedroom units and a studio, providing excellent flexibility for owner-occupants to house-hack or for investors to diversify their rental portfolio.
With a three-car garage and three additional parking spaces, the property offers a rare 2:1 parking-to-unit ratio, a significant competitive advantage that adds value for both tenants and owners.
Built in 1954, the property may require significant capital expenditures for system upgrades or modernizations to fully realize the mentioned rent increase potential.
Despite its North Monrovia location, the property lacks scenic views, which may limit its appeal to premium buyers or renters seeking the typical foothill experience.
Tucked into a highly sought after North Monrovia neighborhood, this charming triplex offers an excellent opportunity for both investors and owner occupants. Located just moments from the shops, dining, and vibrant community atmosphere of Old Town Monrovia, Great 3-Unit investment opportunity is located in a desirable area of North Monrovia. The front unit features 2 bedrooms, 1 bathroom, eat in kitchen and spacious living room. The second unit has 2 bedrooms and 2 bathrooms, eat in kitchen plus dining area and living room. The third unit is a studio with 1 bathroom & 1 bathroom and kitchen. Additionally there are porches and patios conveniently located throughout the property. Also included in this property is a 3 car garage (with laundry hookups) and 3 parking spaces. Conveniently located near public transportation, shopping center and parks. Great opportunity for investor, Rent increase potential.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 5.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 2,571 | 2,540 |
| Lot Size | 9,243 | 14,461 |
| Price | $1.40M | $1.19M |
| Price per sq ft | $543 | $599 |
| Built year | 1954 | 1947 |
| HOA | $0 | $0 |
| Days on market | 44 | 46 |
Jul 3, 2026
$1,396,800
Initial Listing
Jun 8, 2026
$1,398,000
Initial Listing
Jun 20, 2018
$890,000
Public Record
Jun 8, 2017
$810,000
Public Record
Mar 14, 2012
$540,000
Public Record
Oct 28, 2003
$492,000
Public Record
Sep 1, 1999
$279,000
Public Record