Thank you
Raymond Tsai
KELLER WILLIAMS SIGNATURE RLTY
626-964-5500
Looking for a multi-family property in sought-after Monterey Park? This is the one! It's a GOOD DEAL for investors! The property includes a 3bed/2bath main house, along with a 2bed/1bath apartment above the garage. Rent out both units to get more income, or test out the short-term rental market. The 1544 sq ft main house is a single-level rancher with a big front porch and double entry doors. The layout is great, it only needs minor cosmetic upgrades to attract tenants in 2024. Just steps away from the kitchen, you'll find a covered back patio that spans the entire length of the house. You have plenty of room for alfresco dining & entertaining, and there’s a fenced-in yard for Fido, too. The isolated primary bedroom includes access to the patio as well. BONUS: This property sits at the edge of a hill, so no back neighbors! The garage layout is unique, as it allows the owner to access 3 bays, while the tenant has a separate driveway & 1-car garage at the back. The 800-sq ft garage apartment has a private back entrance and a covered patio with tree-top views. The interior was updated in 2020, with new floors and appliances. The corner windows bring in lots of natural light, and the kitchen has tons of cabinet & counter space. The large bedrooms share the updated hallway bathroom, complete with a custom-tiled tub surround. This house lives up to its street name, as the backyard overlooks the campus of East Los Angeles College. Since the school is across the street, you will always have tenants lined up to live this close to campus. There are lots of shopping & dining options along Atlantic Ave., which is within a 15-min walk or 3-min drive. Hop on the 60 Fwy or the 710 in no time at all! Two blocks away from Brightwood elementary school. Now is the time to invest in fast-growing Monterey Park! Or you could live in one & rent out the other for extra income.
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Total Bedrooms : 5
Total Baths: 3
Full Baths: 3
Water Source : Public
Sewer : Public Sewer
Fireplace: None
Wall/Window Unit(s)
Air Conditioning
Wall Furnace
Has Heating
Fireplace Features: None
Has Fireplace: 0
Year Built: 1968
None
Inside
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.1757
Lot Size Source: Assessor
Lot Size Square Feet: 7653
Original List Price: 1,100,000
Listing Contract Date: 2024-02-06
Listing Agreement: Exclusive Right To Sell
Parcel Number: 5252029037
Attached Garage: Yes
Lease Term: Negotiable
Source Listing Status: Pending
Source Neighborhood: 641 - Monterey Park
Postal Code Plus 4: 5118
Directions: Hillside St & College View Dr
Zoning: MPR3*
Source Property Type: Residential
Area: 641 - Monterey Park
Property SubType: Duplex
Property Age: 56
Common Walls: No Common Walls
Structure Type: Duplex
Year Built Source: Assessor
Total Square Feet Living: 2344
Entry Level: 1
Entry Location: Ground Level
Levels or Stories: One,Two
Building Total Stories: 1
Structure Type: Duplex
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
Garvey, Monterey Park, CA,91754 | $598,800 | -- | -- | -- | 23097 Sqft |
1499 Ridgecrest Street, Monterey Park, CA,91754 | $12,975,000 | -- | -- | 40,058 | 55414 Sqft |
Atlantic Boulevard, Monterey Park, CA,91754 | $299,000 | -- | -- | -- | 9980 Sqft |
708 Rodman, Monterey Park, CA,91754 | $599,000 | -- | -- | -- | 11011 Sqft |
419 N Chandler Avenue #.., Monterey Park, CA,91754 | $763,000 | 2 | 2 | 1,153 | 84123 Sqft |
325 W Hammel Street, Monterey Park, CA,91754 | $829,999 | 3 | 2 | 1,298 | 5257 Sqft |
411 S Garfield Avenue #29, Monterey Park, CA,91754 | $429,998 | 1 | 1 | 721 | 66944 Sqft |
419 N Chandler Avenue #.., Monterey Park, CA,91754 | $625,000 | 1 | 2 | 844 | 84123 Sqft |
419 N Chandler Avenue #.., Monterey Park, CA,91754 | $729,000 | 2 | 2 | 1,180 | 87942 Sqft |
419 N Chandler Avenue #.., Monterey Park, CA,91754 | $738,000 | 2 | 2 | 1,135 | 87942 Sqft |
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ByOwner last updated this listing 05/19/2024 @ 05:02
MLS: WS24041640
LISTED BY: RAYMOND TSAI, KELLER WILLIAMS SIGNATURE RLTY
SOURCE: CRMLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.