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In-PersonVirtual Tour
$ 1,975,000
Est. payment | /mo
3 Beds
10,137 Sqft Lot
$ 1,975,000
Est. payment | /mo
3 Beds
10,137 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID AR25226216
Bedrooms 3
Lot Size 10,137 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
First time on the market in 62 years! Rare opportunity to acquire an 8-unit multifamily property located in the highly desirable city of Monterey Park, California. Available for the first time since 1963, the property features consistent tenant demand and long-term ownership pride. The building consists of one (2-bedroom / 2-bath) unit and seven (1-bedroom / 1-bath) units. The property has been meticulously maintained and offers a reliable income stream with significant long-term upside potential. All units and separately metered for electricity and gas. Individual laundry room for added convenience. Easy access to 60 FWY, 0.6 miles to Elder Park, 0.6 miles to Topgolf Montebello, 1.9 miles to Costco Wholesale.
Location
State CA
County Los Angeles
Zoning Public Rec
Direction 109 E Hammel St, Monterey Park, CA 91755
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Tax ID 5274020014
Listed by Donald La DONALD LA REALTY
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "