Description
Fantastic investment opportunity! this property located in the heart of monterey park offers a fantastic investment opportunity with a unique 5-unit apartment building. it includes a newly remodeled, vacant 2-bedroom, 2-bath front unit perfect for owner occupancy, along with all four 1-bedroom, 1-bath units all rented by reliable tenants. one of the four 1-bedroom unit is 450 sq. ft. and the rest of the three units are 750 sq. ft. each. the front 2-bedroom unit is 1,365 sq. ft. each unit has its own electric panel and gas meter. one unit has central a/c and heat, and the rest are window unit a/c and wall furnaces. the property provides eight assigned carport parking spaces secured by an electric gate, and a common laundry area with two metered washer and dryer for additional income. it’s efficiently managed and well-maintained, with the owner covering water, gardening, trash, and common area electricity costs. conveniently located between garfield and garvey ave., the building is near hk supermarket, abc café, bank of america, ts emporium herbs store, sun medical center, and garfield medical center, etc. with easy access to the 10 and 60 freeways. don't miss out on this incredible investment potenial!
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
46414365
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
Interior Features
- Property Appliances: Dryer,Washer
Cooling Features
- Central Air,Wall/Window Unit(s)
- Air Conditioning
Heating Source
- Central,Wall Furnace
- Has Heating
-
Exterior Features
Building Information
- Year Built: 1964
- Building Area Total: 4,065
Pool Features
- None
Laundry Features
- Common Area,Outside
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1529
- Lot Size Source: Assessor
- Lot Size Square Feet: 6661
-
Listing Information
Listing Price Information
- Original List Price: 1,890,000
- Listing Contract Date: 2024-07-19
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 5255006012
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Assigned
Homeowners Association
- Association Amenities: Controlled Access
Rental Info
- Lease Term: Negotiable
- Tenant Pays: Electricity,Gas
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 641 - Monterey Park
- Postal Code Plus 4: 1654
- Directions: West of Garfield Ave, North of Garvey Ave, South of Emerson Ave
- Zoning: MPR3YY
- Source Property Type: Residential Income
- Area: 641 - Monterey Park
- Property SubType: Apartment
Building and Construction
- Property Age: 60
- Common Walls: 2+ Common Walls
- Structure Type: Apartment
- Year Built Source: Assessor
- Entry Level: 1
- Entry Location: 1
- Property Attached: Yes
- Levels or Stories: Two
- Building Total Stories: 2
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BuyOwner last updated this listing 11/21/2024 @ 17:02
- MLS: TR24147777
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is for sale, it has 4,065 sqft, 6,661 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Monterey Park , in zip code 91754, this Los Angeles County Home are nearby neighborhoods.