212 N Baltimore AVE Pending

Monterey Park,CA 91754

$ 1890000

- Bed

- Bath

- SqFt


Key Details

Property Type Condo

Sub Type Apartment

Listing Status Pending

Purchase Type For Sale

MLS Listing ID TR24243593

HOA Y/N No

Year Built 1964

Lot Size 6,660 Sqft

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 641 - Monterey Park

Zoning MPR3YY

Interior

Heating Central,Wall Furnace

Cooling Central Air,Wall/Window Unit(s)

Fireplace No

Appliance Dryer,Washer

Laundry Common Area,Outside

Exterior

Parking Features Assigned

Carport Spaces 8

Pool None

Community Features Curbs,Street Lights,Sidewalks,Urban

Amenities Available Controlled Access

Total Parking Spaces 8

Private Pool No

Building

Lot Description Front Yard,Rectangular Lot

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5255006012

Energy Description 1927.0

Acceptable Financing Cash to Existing Loan

Listing Terms Cash to Existing Loan

Special Listing Condition Standard

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