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    440 Foothill Blvd Monrovia, CA 91016

    Sponsored
    For Sale
    $850,000

    Prime Monrovia location, two-unit building, ample parking.

    Property size:
    1,542 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional mixed-use property, located at 440 Foothill Boulevard in Monrovia, California, presents a compelling investment opportunity. The 1,542 square foot building sits on a 0.14-acre lot and features two units, each with its own bathroom. Ten parking spaces are conveniently located at the rear of the property. The property boasts a highly desirable location in Monrovia, situated on a main thoroughfare with significant traffic volume. Its proximity to schools and shopping centers, coupled with its walkability to downtown Monrovia, ensures high visibility and accessibility. An established, long-term tenant, Shaffer Awards, currently occupies the building. The property's strategic location and existing tenancy make it an attractive investment prospect. Note that the adjacent property at 448 W Foothill Blvd. is also available for purchase, offering the potential for a larger, combined investment. The asking price for this exceptional opportunity is $850,000. Please do not disturb the tenants.

    Property Features for 440 Foothill Blvd

    General Information

    Property type
    Mixed-use properties
    Square Feet
    1,542 SF
    Lot Size
    6,098 SF

    Building Details

    Year Built
    1960
    Property Profile Location Intelligence

    Current Use by Public Records

    The Daily Hustle Barber Shop

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Monrovia
    County
    Los Angeles
    State
    California
    Longitude
    -118.0093
    Latitude
    34.15105

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    FAQs

    What type of property is this?
    Mixed-use property - Prime Monrovia location, two-unit building, ample parking.
    Where is this mixed-use property located?
    The property is located at 440 Foothill Blvd Monrovia, CA.
    What is the asking price?
    The asking price for this property is $850,000.
    (626) 653-5188
    Request Owner's contact information
    440 Foothill Blvd Monrovia, CA 91016
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    Monrovia, CA 91016
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    440 Foothill Blvd Monrovia, CA 91016
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