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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Listing Agent: Danny Hy Courtesy of: Keller Williams Realty The real estate listing information is provided by California Regional MLS, Inc. and/or CARETS® for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing or leasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS, Inc. and/or CARETS®. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns the web site. Information is deemed reliable but not guaranteed, and consumer is responsible for verifying the accuracy of all information. Copyright © California Regional MLS, Inc. and/or CARETS®. All Rights Reserved. Updated: 21st March, 2023 11:10 AM (UTC)
