$1,890,000
For Sale

212 N Baltimore Avenue

Monterey Park, CA 91754
0.15 acres | #TR24218046
Listing OfficeBerkshire Hathaway HomeServices California Properties
Browse 25 photos
Type:Multi-Family
Structure:House
Zone:Residential

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!

  • Property Details
      • Lot DescriptionFrontYard, RectangularLot
      • Property TypeMulti-Family
      • Sewer InformationPublicSewer
      • CountyLos Angeles
      • Original List Price$1,890,000
      • MLS #TR24218046
      • MLS #TR24218046
      • Property SubtypeApartment
      • Cost1890000
      • Acres0.1529
      • Utility SourcePublic
      • Year Built1964
      • Stories2

Location

Anthony ElminoufiReal Estate Group
$
years

Down Payment

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%
10.0%

Interest Rate

%
6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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