This rare 5-unit apartment building in Monterey Park, built in 1960 with 4,306 sq. ft. on an 8,238 sq. ft. lot, hits the market for the first time in 20 years, offering strong existing rents and immense investment potential. Each of the five 2-bedroom, 1-bathroom units includes a private balcony or patio, with individual gas and electric meters for easy management. The property features 5 tuck-under and 5 tandem parking spaces, ensuring ample parking for tenants. Ideally located within walking distance to East Los Angeles College and Brightwood Elementary, it provides convenient access to the 710 and 60 freeways, Downtown LA, and numerous restaurants and retail options. Don’t miss this unique opportunity to own a well-maintained property in a thriving rental market
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DAYS ON MARKET
|
2
|
LAST UPDATED
|
5/16/2025
|
|
YEAR BUILT
|
1960
|
COMMUNITY
|
Monterey Park
|
|
COUNTY
|
Los Angeles
|
STATUS
|
Active
|
|
PROPERTY TYPE(S)
|
Residential Income
|
|
|
| AIR |
Wall/Window Unit(s) |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Gas Range |
| AREA |
Monterey Park |
| GARAGE |
Assigned |
| HEAT |
Wall Furnace |
| HOA DUES |
0 |
| LOT |
8240 sq ft |
| LOT DESCRIPTION |
2-5 Units/Acre |
| PARKING |
Assigned |
| POOL DESCRIPTION |
None |
| SEWER |
Public Sewer |
| STORIES |
2 |
| UTILITIES |
Electricity Connected,Natural Gas Connected, Electric: Unknown |
| VIEW |
Yes |
| VIEW DESCRIPTION |
Neighborhood |
| WATER |
Public |
| ZONING |
MPR3YY |
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Listed with Coldwell Banker Realty
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 5/17/25 3:51 PM PDT and /or other sources. 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
This IDX solution is (c) Diverse Solutions 2025.
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