212 N Baltimore Avenue Active

Monterey Park,CA 91754

$ 1890000

- Bed

0 Bath

4065 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 4,065 sqft

Price per Sqft $464

MLS Listing ID CRTR24218046

HOA Y/N No

Year Built 1964

Lot Size 6,661 Sqft

Acres 0.15

Property Description

Fantastic Investment Opportunity! This unique 5-unit apartment building in the heart of Monterey Park presents a remarkable chance for savvy investors. The property features a newly remodeled, vacant 2-bedroom, 2-bath front unit, ideal for owner occupancy, along with four reliable, rented 1-bedroom, 1-bath units. The layout includes one 450 sq. ft. unit and three additional units at 750 sq. ft. each. The spacious front unit offers 1,365 sq. ft. Each apartment is equipped with its own electric panel and gas meter. While one unit boasts central A/C and heating, the others are fitted with window A/C units and wall furnaces. The property provides eight assigned carport parking spaces, secured by an electric gate, and features a common laundry area with two metered washers and dryers for added 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 Avenues, the building is close to HK Supermarket, ABC Café, Bank of America, TS Emporium Herbs Store, Sun Medical Center, and Garfield Medical Center, with easy access to the 10 and 60 freeways. Don’t miss this incredible investment potential!

Location

State CA

County Los Angeles

Area Listing

Zoning MPR3

Interior

Heating Wall Furnace,Other

Cooling Central Air,Wall/Window Unit(s)

Fireplace No

Appliance Dryer

Laundry Dryer,Washer,Other

Building

Lot Description Other,Front Yard

Sewer Public Sewer

Water Public

New Construction No

Others

Tax ID 5255006012

View More
Favorite Go Tour