411 N Mcpherrin AVE, Monterey Park, CA 91754
411 N Mcpherrin AVE, Monterey Park, CA 91754
411 N Mcpherrin AVE, Monterey Park, CA 91754
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$880,000
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4,835 Sqft Lot
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411 N Mcpherrin AVE Monterey Park, CA 91754

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Patrick Fossati

Patrick Fossati

+1(805) 910-0463

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

MLS Listing ID WS26206113

HOA Y/N No

Year Built 1939

Lot Size 4,835 Sqft

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.

Location

State CA

County Los Angeles

Area 641 - Monterey Park

Interior

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Sidewalks

Total Parking Spaces 2

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 1

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 5256016047

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by LIWEI CHEN Pinnacle Real Estate Group 626-298-2301, DRE #01929143

NEARBY SCHOOL & BUSINESS

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Patrick Fossati

Patrick Fossati

Broker Associate License ID: 01907255

+1(805) 910-0463

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