212 N Baltimore AVE Active Save Request In-Person Tour Request Virtual Tour
Monterey Park,CA 91754
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID TR24218046
HOA Y/N No
Year Built 1964
Lot Size 6,660 Sqft
Property 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!
Location
State CA
County Los Angeles
Area 641 - Monterey Park
Zoning MPR3YY
Rooms
Ensuite Laundry Common Area,Outside
Interior
Laundry Location Common Area,Outside
Heating Central,Wall Furnace
Cooling Central Air,Wall/Window Unit(s)
Fireplace No
Appliance Dryer,Washer
Laundry Common Area,Outside
Exterior
Garage Assigned
Carport Spaces 8
Pool None
Community Features Curbs,Street Lights,Sidewalks,Urban
Amenities Available Controlled Access
Parking Type Assigned
Total Parking Spaces 8
Private Pool No
Building
Lot Description Front Yard,Rectangular Lot
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5255006012
Energy Description 1927.0
Acceptable Financing Cash to Existing Loan
Listing Terms Cash to Existing Loan
Special Listing Condition Standard