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    Property profile & analytics

    440 Foothill Blvd Monrovia, CA 91016

    • Office buildings
    • 1,542 SF
    • 0.14 lot acres
    For Sale
    View listing
    $850,000
    Value Estimation
    Location Intelligence
    Property ID
    US09-9140752
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • The Daily Hustle / Barber Shop

    Property Details for 440 Foothill Blvd

    Year built
    1960
    Construction
    WOOD
    Lot size
    0.14 lot acres
    Property size
    1,542 SF
    Zone code
    MOCG*
    Property type
    Office buildings
    APN
    8505-010-029
    APU
    8505010029

    Description

    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.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $305,000

    • CAP approach

      CAP return
      Estimation
      6%
      $370,000
      6.5%
      $425,000
      7%
      $420,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $425,000
      Geo Method
      $410,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $415,000
      Retail
      $405,000
      Mixed-Use
      $410,000
      Hospitality
      $360,000
      Educational
      $410,000
      Residential Income
      $415,000
      Energy
      $420,000
      Income-Based Land
      $390,000
      Food Service
      $330,000

    Location Insight

    • Map
    • Local Demand
    City
    Monrovia
    County
    Los Angeles
    State
    California
    Longitude
    -118.009
    Latitude
    34.151
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $6,663
    $290,145
    $174,085
    $464,230
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      35,512 SF

      404 Huntington Dr

      OFFICE BUILDING • 35,512 SF
      404 Huntington Dr, Monrovia, CA 91016-3731
      View Details
    • Value Estimation by Request
      14,300 SF

      100 Huntington Dr

      OFFICE BUILDING • 14,300 SF
      100 Huntington Dr, Monrovia, CA 91016-3458
      View Details
    • Value Estimation by Request
      53,954 SF

      181 Huntington Dr

      OFFICE BUILDING (MULTI-STORY) • 53,954 SF
      181 Huntington Dr, Monrovia, CA 91016-3456
      View Details
    • Value Estimation by Request
      16,991 SF

      110 Huntington Dr

      OFFICE BUILDING • 16,991 SF
      110 Huntington Dr, Monrovia, CA 91016-3415
      View Details
    • Value Estimation by Request
      3,493 SF

      2053 Myrtle Ave

      OFFICE BUILDING • 3,493 SF
      2053 Myrtle Ave, Monrovia, CA 91016-4836
      View Details
    • Value Estimation by Request
      2,448 SF

      603 Myrtle Ave

      OFFICE BUILDING • 2,448 SF
      603 Myrtle Ave, Monrovia, CA 91016-3405
      View Details

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    Similar Nearby for Lease

    • Contact for pricing

      Leased Office Building in Monrovia

      100% leased office building located in Monrovia, California.
      519-521 S Myrtle Ave, Monrovia, CA 91016
      View Details
    • $2 SF/Yr
      4,350 SF

      Well-Maintained Office Building For Rent

      Office building featuring private offices, workspaces, conference room, and kitchenettes.
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      View Details
    • $1.90 SF/Yr
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      Monrovia Office Space For Rent

      Office building near Old Town Monrovia with mountain views.
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    • $1.70 SF/Yr
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      Office and Warehouse Space Available

      Multi-tenant building with office and warehouse space for rent.
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      View Details
    • $1.40 SF/Yr
      4,600 SF

      Freestanding Office Building Available

      Freestanding office building for rent, divisible to 2,500 SF.
      128 W Walnut Ave, Monrovia, CA 91016
      View Details
    • $1.85 SF/Yr
      2,471 SF

      Arcadia Professional Office Space

      Professional office space available for lease in Arcadia.
      1001 W Foothill Blvd, Monrovia, CA 91016
      View Details
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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
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