1306 W 1st Street, Monterey Park, CA 91754
- $845,000
- List Price
- $845,000
- Status
- ACTIVE
- MLS#
- AR26095827
- Year Built
- 1945
- Lot Size
- 6,902
- Acres
- 0.16
- Lot Location
- Back Yard, Front Yard
- Days on Market
- 77
- Property Type
- Multifamily
- Property Sub Type
- Duplex
- Stories
- One Level
Property Description
This well-maintained duplex has brand new exterior paint, featuring Unit #1302 and Unit #1306. Situated on a 6,874 sq. ft. lot with approximately 1,540 sq. ft. of living space. Each unit offers 2 bedrooms and 1 bathroom, living room and dining area. Unit #1302 features original hardwood flooring, Unit #1306 will have new carpet installed on June 12. Each unit includes its own washer and dryer for added convenience. The units are thoughtfully arranged around a beautifully landscaped courtyard garden, creating a peaceful and inviting atmosphere. The property also features a detached two-car garage with convenient alley access. Long-term tenants are currently in place, providing stable rental income with a strong payment history. Ideally located near Atlantic Blvd., the property offers quick access to Downtown Los Angeles and Freeways 5, 60, and 710. Shopping, dining, and East Los Angeles College are all just minutes away. This property may also be sold together with adjacent parcel APN 5251-030-007 (Units #1310 & #1314). Combined, both parcels offer an expansive 13,314 sq. ft. lot, presenting excellent opportunities for investors and future development potential.
Additional Information
- Pool Description
- None
- Cooling
- Yes
- Cooling Description
- Wall/Window Unit(s)
- View
- Courtyard, Neighborhood
- Garage Spaces Total
- 2
- Sewer
- Public Sewer
- Water
- See Remarks
- Interior Features
- All Bedrooms Down
- Attached Structure
- Attached
- Number Of Units Total
- 2
- Gross Scheduled Income
- $45,600
- Operating Expense
- 4980
Listing courtesy of Listing Agent: Jean Liu (jeanliu.remax@gmail.com) from Listing Office: Re/Max Premier Prop SanMarino.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.