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Elite Real Estate Group
info@elitereg805.com$1,975,000
Est. payment /mo
10,136 Sqft Lot
UPDATED:
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID AR25226216
HOA Y/N No
Year Built 1959
Lot Size 10,136 Sqft
Property Sub-Type Apartment
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
Area 641 - Monterey Park
Interior
Fireplace No
Laundry Laundry Room
Exterior
Garage Spaces 9.0
Garage Description 9.0
Pool None
Community Features Urban
Total Parking Spaces 9
Private Pool No
Building
Lot Description 6-10 Units/Acre
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 5274020014
Energy Description 480.0
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
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Listed by Donald La DONALD LA REALTY 626-888-2995
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Elite Real Estate Group
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