411 N Mcpherrin Avenue

Monterey Park, CA 91754

About this property

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.

About this property

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.

Features and Additional Information

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$930,000 Active
1,185 sqft

Presented By Benjamin Leaskou

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Get in touch today! Phone: 1-760-799-4290
License #01754516
Brokerage
Pinnacle Real Estate Group
1-626-888-9808
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Area Information

641 Monterey Park | Los Angeles County |

$ 930,000
This listing is play_arrow 16.3% higher than the average in the area
$ 799,990 in the area
1,185 SqFt
This listing is play_arrow 39.8% smaller than the average in the area
1,969 SqFt in the area
$ 785 $/SqFt
This listing is play_arrow 93.2% more than the average in the area
$ 406 $/SqFt in the area
40 days on site
This listing is play_arrow 61.9% below the average in the area
105 days on site in the area

Schools in the Area

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    Elementary School
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    Middle School
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    High School
Listed By LIWEI CHEN
Brokerage: Pinnacle Real Estate Group

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