337 W Newmark Avenue

    Monterey Park, CA 91754
    • $1,200,000
    • STATUS: Active
    • ON SITE: 36 days
    • ID#: AR19069829
    UPDATED: 36 min ago
    $1,200,000
    • 0
      BEDS
    • 0.24
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,622
      SQFT
    • $458
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1938
    County:

    School Ratings & Info

    Description

    On offer is a triplex multi-family home located in a prime area close to Barnes Park in Monterey Park, a great opportunity for investors. Huge lot size 10,257 sq.ft. with MPR3 zoning for future developmental potential. House #337 on Newmark with 2 bedrooms / 1.5 bath. It has been remodeled and includes a masterbedroom with walk-in closet, hardwood floors and recessed lighting. Windows are custom-made double-paned with auto lock. Large living room has a fireplace and bay window. Kitchen has titled floors, granite counter top,newer cabinets and dishwasher. House also has dining room and washer/dryer area. Extra bonus room in the basement approximately 700 sq.ft. not included in the house square feet 2,622 sq.ft. is useable but not for rental. Basement is titled floors with fireplace, kitchen, sink, microwave attached to the wall, and full bath have permit. House #240 on Mc Pherrin is a 2 bedroom and den / 1 bath, living room has a fireplace, newer double-paned windows, newer paint, and laminate flooring. House #240 1/2 on Mc Pherrin also is a 2 bedroom / 1 bath with newer titled flooring. In between these 2 houses is a community washer/dryer which are income properties for the owner. There are ample parking spaces. Foundation anchorage retrofit, copper pipes and re-roof in 2004.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-05-22T10:31:08.28. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.hometownnorthcounty.com/homes/93703817

    337 W Newmark Avenue Monterey Park, CA 91754

    • Price: $1,200,000
    • Status: Active
    • Updated: 36 min ago
    • ID#: AR19069829
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.24
    Acres
    2,622
    SQFT
    $458
    $/SQFT
    1938
    Built
    Neighborhood:
    641 - Monterey Park
    County:
    Los Angeles
    Area:
    641 - Monterey Park
    Property Description
    On offer is a triplex multi-family home located in a prime area close to Barnes Park in Monterey Park, a great opportunity for investors. Huge lot size 10,257 sq.ft. with MPR3 zoning for future developmental potential. House #337 on Newmark with 2 bedrooms / 1.5 bath. It has been remodeled and includes a masterbedroom with walk-in closet, hardwood floors and recessed lighting. Windows are custom-made double-paned with auto lock. Large living room has a fireplace and bay window. Kitchen has titled floors, granite counter top,newer cabinets and dishwasher. House also has dining room and washer/dryer area. Extra bonus room in the basement approximately 700 sq.ft. not included in the house square feet 2,622 sq.ft. is useable but not for rental. Basement is titled floors with fireplace, kitchen, sink, microwave attached to the wall, and full bath have permit. House #240 on Mc Pherrin is a 2 bedroom and den / 1 bath, living room has a fireplace, newer double-paned windows, newer paint, and laminate flooring. House #240 1/2 on Mc Pherrin also is a 2 bedroom / 1 bath with newer titled flooring. In between these 2 houses is a community washer/dryer which are income properties for the owner. There are ample parking spaces. Foundation anchorage retrofit, copper pipes and re-roof in 2004.
    Exterior Features

    Carport Spaces 4.00 Direction Faces Southeast Exterior Features Lighting Fence YN Yes Fencing Wood Garage Spaces 0.00 Lot Features 2-5 Units/AcreBack YardCorner LotFront YardLawnLot 10000-19999 SqftNear Public Transit Lot Size Source Assessor Lot Size Units Square Feet Parking Features Detached Carport Parking Total 10.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN No Road Surface Type Maintained Roof Shingle Spa Features None Spa YN No View City Lights View YN Yes

    Interior Features

    Appliances Gas RangeGas Water HeaterRange HoodWater Heater Appliances YN Yes Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Cooling Wall/Window Unit(S)Electric Cooling YN Yes Fireplace Features Living RoomGas Fireplace YN Yes Flooring LaminateTileWood Interior Features Open FloorplanRecessed Lighting Laundry Features Community Levels One Room Type All Bedrooms DownBasementLiving RoomMaster BedroomWalk-In Closet

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Community Features SidewalksStreet LightsSuburban Country Us Electric Standard Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 15000.00 Gross Scheduled Income 15000.00 Insurance Expense 0.00 Land Lease YN No Laundry Equipment Own Lease Own Laundry YN Yes Net Operating Income 0.00 New Construction YN No New Taxes Expense 15600.00 Number Of Separate Electric Meters 3 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Number Of Units Leased 1 Number With Dishwasher 1 Number With Disposal 3 Number With Range 2 Operating Expense 0.00 Professional Management Expense 0.00 Property Sub Type Triplex Rent Control YN No Security Features Carbon Monoxide Detector(S)Smoke Detector(S) Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Total Actual Rent 1250.00 Total Expenses 0.00 Trash Expense 0.00 Utilities Electricity ConnectedSewer Connected Water Sewer Expense 0.00 Water Source Public Year Built Source Assessor Zoning Mpr3cd*

    Listing provided courtesy of Jenny Liang of Treeline Realty & Investment


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-05-22T10:31:08.28. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
    eXp Realty of California Inc.
    2603 Camino Ramon Suite 200
    San Ramon CA, 94583