$1,890,000
212 N Baltimore Avenue Monterey Park, CA 91754
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$1,890,000
Est. payment /mo
4,065 SqFt
UPDATED:
10/22/2024 12:44 AM
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
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Listed by Vincent Yan • Berkshire Hathaway HomeServices California Properties
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