411 N Mcpherrin Ave, Monterey Park, CA 91754
- $880,000
- 5
- BD
- 3
- BA
- List Price
- $880,000
- Status
- ACTIVE
- Days on Market
- 0
- MLS#
- WS26206113
- Subtype
- Residential Income
- Bedrooms
- 5
- Bathrooms
- 3
- Lot Size
- 4,836
- Acres
- 0.11
Property Description
Excellent investment opportunity in Monterey Park featuring three rental units. The property is fully occupied with good rental income. The front house offers 2 bedrooms and 1 bathroom 1 kitchen with approximately 900 SF; the back unit offers 1 studio and 1 bathroom with approximately 282 SF; and the garage has been converted into a 2-bedroom, 1-bathroom, 1 kitchen, approximately 500 SF. The garage conversion is unpermitted. Current rents provide immediate rental income, with potential for increased rents based on estimated market rents. Conveniently located near restaurants, supermarkets, medical centers, schools, and the 10 Freeway. A great opportunity for investors seeking a multi-unit property with existing rental income and future rental upside. Excellent investment opportunity in Monterey Park featuring three rental units. The property is fully occupied with good rental income. The front house offers 2 bedrooms and 1 bathroom 1 kitchen with approximately 900 SF; the back unit offers 1 studio and 1 bathroom with approximately 282 SF; and the garage has been converted into a 2-bedroom, 1-bathroom, 1 kitchen, approximately 500 SF. The garage conversion is unpermitted. Current rents provide immediate rental income, with potential for increased rents based on estimated market rents. Conveniently located near restaurants, supermarkets, medical centers, schools, and the 10 Freeway. A great opportunity for investors seeking a multi-unit property with existing rental income and future rental upside.
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Additional Information
- Zoning
- Public Rec
Mortgage Calculator
Listing courtesy of Listing Agent: LIWEI CHEN (626-298-2301) from Listing Office: Pinnacle Real Estate Group.
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