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Key Details
Sold Price $2,220,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID WS22116897
Sold Date 03/17/23
Bedrooms 5
HOA Y/N No
Lot Size 8,492 Sqft
Property Description
Rare opportunity! First time on the market since 1984! 321 New Ave is a 7 unit multifamily building with 2 x (3 Bed + 1.5 Bath units) and 5 x (2 Bed + 1 Bath units) all separately metered for electric and gas. This property sits on a flat 8,492 SF lot and has 9 parking spaces (4 covered + 5 open). Laundry onsite and each unit has their individual storage units. Easy access to 10 FWY and 60 FWY. Money Magazine (Time Money) ranks Monterey Park #3 "Best Places to Live" in the entire United States. Money Magazine used scoring based on the cities economy, cost of living, education, housing, crime, amenities and ease of living.
Rare opportunity! First time on the market since 1984! 321 New Ave is a 7 unit multifamily building with 2 x (3 Bed + 1.5 Bath units) and 5 x (2 Bed + 1 Bath units) all separately metered for electric and gas. This property sits on a flat 8,492 SF lot and has 9 parking spaces (4 covered + 5 open). Laundry onsite and each unit has their individual storage units. Easy access to 10 FWY and 60 FWY. Money Magazine (Time Money) ranks Monterey Park #3 "Best Places to Live" in the entire United States. Money Magazine used scoring based on the cities economy, cost of living, education, housing, crime, amenities and ease of living.
Location
State CA
County Los Angeles
Area Monterey Park (91755)
Zoning Public Rec
Interior
Cooling Wall/Window
Exterior
Garage Unit1:Assigned
Building
Story 2
Lot Size Range 7500-10889 SF
Level or Stories 2 Story
Others
Monthly Total Fees $168
Acceptable Financing Cash
Space Rent $2,425
Listing Terms Cash
Financing Cash
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Bought with HANG TAO • KINGSTON REALTY
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