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Description
Rare Income Investment Opportunity located in the heart of Monterey Park City! This 18,920 SqFt Lot features 7 single-story townhome-like apartment units. Features: One (1) 2B/2Bath w/private driveway, fenced back patio & front lawn, brand new 3 car parking garage (can park up to 8 cars); and Six (6) 1B/1Bath Large units each with its own 2 parking spaces, washer/dryer hook-ups, and Mini AC splits (Cooling & Heating). Additional bonuses: recent upgrades to copper plumbing, new sewer system, and brand-new pavers to the entire property. Each unit is individually metered. Four (4) of the units have been completely remodeled. Residents enjoy the convenience of this location, with walkable distance to retail amenities, the Atlantic Time Square and proximity to the 10 Fwy and downtown L.A! The property s excellent location with minimal maintenance makes a prime investment opportunity for a value-add strategy to deliver above average returns.
Location
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$3,000,000
2
6,660 Sq ft
Looking For Backup
MLS# IV23011705MR
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"All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed."
Updated: 1st April, 2023 3:16 PM (UTC)
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed."
Updated: 1st April, 2023 3:16 PM (UTC)
Listing Agent: Danny Hy
Listing Office: Keller Williams Realty