212 Baltimore Avenue, Monterey Park, CA 91754
  • MLS#: TR24218046 ( Apartment )
  • Street Address: 212 Baltimore Avenue
  • Viewed: 2
  • Price: $1,890,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1964
  • Bldg sqft: 0
  • Days On Market: 26
  • Additional Information
  • County: LOS ANGELES
  • City: Monterey Park
  • Zipcode: 91754
  • Provided by: Berkshire Hathaway HomeServices California Propert
  • Contact: Vincent Vincent
  • California Regional MLS IDX
  • DMCA Notice
  • 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. Its 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 Caf, Bank of America, TS Emporium Herbs Store, Sun Medical Center, and Garfield Medical Center, with easy access to the 10 and 60 freeways. Dont miss this incredible investment potential!
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Features
Association Amenities
  1. Controlled Access
Building Area Total
  1. 4065.00
Carport Spaces
  1. 8.00
Commoninterest
  1. Community Apartment
Common Walls
  1. 2+ Common Walls
Cooling
  1. Central Air
  2. Wall/Window Unit(s)
Country
  1. US
Days On Market
  1. 93
Electric Expense
  1. 410.00
Fuel Expense
  1. 1927.00
Garage Spaces
  1. 0.00
Heating
  1. Central
  2. Wall Furnace
Insurance Expense
  1. 2179.00
Laundry Features
  1. Common Area
  2. Dryer Included
  3. Outside
  4. Washer Included
Laundry Income
  1. 100.00
Levels
  1. Two
Lockboxtype
  1. None
Lot Features
  1. Front Yard
  2. Lot 6500-9999
  3. Rectangular Lot
Netoperatingincome
  1. 91233.00
Otherincomedescription
  1. Laundry
Parcel Number
  1. 5255006012
Parking Features
  1. Assigned
Pool Features
  1. None
Postalcodeplus4
  1. 1654
Professionalmanagementexpense
  1. 0.00
Property Type
  1. Apartment
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 425679822:CRM
Tenant Pays
  1. Electricity
  2. Gas
Totalexpenses
  1. 14247.00
Trash Expense
  1. 850.00
Water Sewer Expense
  1. 2056.00
Water Source
  1. Public
Year Built
  1. 1964
Year Built Source
  1. Assessor
Zoning
  1. MPR3YY