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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!
Last Updated | 7/19/2024 | Year Built | 1964 |
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Community | Monterey Park | County | Los Angeles |
Additional Details
AIR | Central Air, Wall/Window Unit(s) |
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AIR CONDITIONING | Yes |
AMENITIES | Controlled Access |
APPLIANCES | Dryer, Washer |
AREA | Monterey Park |
GARAGE | Assigned |
HEAT | Central, Wall Furnace |
LOT | 6661 sq ft |
LOT DESCRIPTION | Front Yard, Rectangular Lot |
PARKING | Assigned |
POOL DESCRIPTION | None |
SEWER | Public Sewer |
STORIES | 2 |
WATER | Public |
ZONING | MPR3YY |
Location
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