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Listed by Donald La • EXP REALTY
$ 1,975,000
Est. payment | /mo
10,137 Sqft Lot
$ 1,975,000
Est. payment | /mo
10,137 Sqft Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRAR25226216
Year Built 1959
Lot Size 10,137 Sqft
Source California Regional MLS
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
Laundry In Laundry Room
Exterior
Garage Spaces 9.0
Pool None
Building
Water District - Public
Others
Tax ID 5274020014
Special Listing Condition Not Applicable
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