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    511 N Huntington Ave

    Monterey Park, CA 91754
    • $1,350,000
    • STATUS: Pending
    • ON SITE: 45 days
    • ID#: 20-618048
    Pending
    $1,350,000
    • 6
      BEDS
    • 0.26
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,844
      SQFT
    • $351
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1927
    County:

    School Ratings & Info

    Description

    The excellent mix includes both a two-bedroom house and a four-bedroom house, which combine to total 3,844 rentable square feet. The lot spans 11,287 square feet, providing plenty of yard and parking space for the tenants. A new investor may be able to capitalize on residential financing options that are unavailable on properties with more than four units. Both houses received new roofs within the past five years. While the front home was built in 1927, the rear house was constructed in 1988 and has been significantly upgraded recently. Improved features include new stainless steel appliances, new flooring, new quartz countertops, new kitchen cabinets, and remodeled bathrooms. An outdoor sprinkler system was also recently installed, including new WiFi sprinkler controls. Monterey Park was recently designated among the Best Places to Live within the entire United States, earning third place in the nationwide review.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-27T23:42:52.557. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.lydiagable.com/homes/108836587
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    511 N Huntington Ave Monterey Park, CA 91754

    • Price: $1,350,000
    • Status: Pending
    • ID#: 20-618048
    6
    Beds
    0
    Baths
    0
    ½ Baths
    0.26
    Acres
    3,844
    SQFT
    $351
    $/SQFT
    1927
    Built
    Neighborhood:
    Monterey Park
    County:
    Los Angeles
    Area:
    Monterey Park
    Property Description
    The excellent mix includes both a two-bedroom house and a four-bedroom house, which combine to total 3,844 rentable square feet. The lot spans 11,287 square feet, providing plenty of yard and parking space for the tenants. A new investor may be able to capitalize on residential financing options that are unavailable on properties with more than four units. Both houses received new roofs within the past five years. While the front home was built in 1927, the rear house was constructed in 1988 and has been significantly upgraded recently. Improved features include new stainless steel appliances, new flooring, new quartz countertops, new kitchen cabinets, and remodeled bathrooms. An outdoor sprinkler system was also recently installed, including new WiFi sprinkler controls. Monterey Park was recently designated among the Best Places to Live within the entire United States, earning third place in the nationwide review.
    Exterior Features

    Lot Size Area 11288 Other Structures None Parking Garage CarportAssigned Total Parking 4

    Interior Features

    Baths Total 4.00 Cooling Air Conditioning Equipment MicrowaveGas Dryer HookupWasherRefrigeratorOther Heating Central

    Property Features

    Assessed Total Value 461893 Gross Income 59400 Gross Operating Income 57618 Like Units1 1 Like Units2 1 Net Operating Income 36758.00 Number Of Buildings 2 Number Of Units 2 Sale Type Standard Source Living Area Estimated Source Lot Size Area Vendor Enhanced Source Lot Size Dimensions Vendor Enhanced Total Annual Expense 20860 Type Of Units Residential Year Built Source Vendor Enhanced Zoning Mpr2yy

    Listing provided courtesy of Roderick 'Rick' Raymundo DRE#01357019 of Marcus & Millichap.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-27T23:42:52.557. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    Lydia Gable Realty Group | Compass
    2945 Townsgate Road Suite 300
    Westlake Villiage CA, 91377