411 N Mcpherrin Avenue, Monterey Park, CA 91754
- $880,000
- List Price
- $880,000
- Status
- ACTIVE
- MLS#
- WS26206113
- Year Built
- 1939
- Lot Size
- 4,836
- Acres
- 0.11
- Lot Location
- 2-5 Units/Acre
- Days on Market
- 0
- Property Type
- Single Family Residential
- Property Sub Type
- Single Family Residence
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.
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Additional Information
- Pool Description
- None
- Garage Spaces Total
- 2
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 3
- Gross Scheduled Income
- $57,600
- Garage Spaces
- 2
- Parking Spaces
- 2
Listing courtesy of Listing Agent: LIWEI CHEN (alisonchen1111@outlook.com) from Listing Office: Pinnacle Real Estate Group.
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