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Key Details
Sold Price $2,500,000
Property Type Apartment
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SR25281739
Sold Date 12/30/25
HOA Y/N No
Year Built 1951
Lot Size 0.436 Acres
Property Sub-Type Apartment
Property Description
We are proud to represent this 5 unit property in Monterey Park.
The property was built in 1951. The unit mix consists of (1) 3+1 home and (4) 2+1 units. With a lot size of 18,851 square feet, the property has a total of 3,398 rentable square feet.
Monterey Park is a vibrant and diverse community in the western San Gabriel Valley that attracts tenants with its blend of suburban comfort and urban convenience. Known for its excellent dining scene—particularly its authentic Asian cuisine—residents enjoy access to a rich cultural environment and bustling local businesses. The city offers well-maintained parks, reputable schools, and a strong sense of community, making it appealing to both families and professionals. With its close proximity to downtown Los Angeles and easy access to major freeways, tenants benefit from short commutes while enjoying a quieter, more residential atmosphere. This combination of location, culture, and livability makes Monterey Park an attractive and stable rental market for apartment investors.
Location
State CA
County Los Angeles
Area 641 - Monterey Park
Interior
Fireplace No
Laundry Common Area
Exterior
Garage Spaces 5.0
Garage Description 5.0
Pool None
Community Features Suburban, Valley
Total Parking Spaces 5
Private Pool No
Building
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 5259004035
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash to Loan
Special Listing Condition Standard
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Bought with ALEX LAI Longo Realty, Inc.
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David Burchell
Team Leader & Realtor | License ID: #02033130
Team Leader & Realtor License ID: #02033130

