CA > Monterey Park
Monterey Park, CA 91755,215 N Alhambra AVE
Monterey Park, CA 91755,215 N Alhambra AVE
Monterey Park, CA 91755,215 N Alhambra AVE
Monterey Park, CA 91755,215 N Alhambra AVE
Monterey Park, CA 91755,215 N Alhambra AVE
Monterey Park, CA 91755,215 N Alhambra AVE
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John Dandoy

John Dandoy

+1(909) 224-1278
$ 1,850,000
Est. payment | /mo

12 Beds

9 Baths

5,767 SqFt

Save
$ 1,850,000
Est. payment | /mo
Save

12 Beds

9 Baths

5,767 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 5,767 sqft

Price per Sqft $320

MLS Listing ID 25629057

Bedrooms 12

Construction Status Repairs Major

HOA Y/N No

Year Built 1953

Lot Size 0.386 Acres

Property Description

We are pleased to present a six-unit, single-story apartment complex in a prime Monterey Park location. The property sits on a 16,833-square-foot R3-zoned lot, offering both current income and future redevelopment potential. The asset consists of three single-story duplexes. The front duplex includes a three-bedroom, three-bath front unit and a two-bedroom, one-bath rear unit. The three-bedroom unit is currently configured and leased to three separate tenants as a 1-bedroom/1-bath ($1,200), 2-bedroom/2-bath ($1,850), and studio ($965).The middle duplex, comprised of a 2-bedroom/1-bath unit and a 1-bedroom/1-bath unit, sustained significant fire damage and will require substantial reconstruction. Rents shown assume the units are rebuilt and leased at market rates. The third duplex features two 2-bedroom/1-bath units and a shared on-site laundry room. The property offers 13 on-site parking spaces, including three two-car garages and six open surface spaces, providing strong parking for the submarket. Located just blocks from the Garvey and Garfield Avenue corridors and a short distance from Downtown Monterey Park, the property benefits from convenient access to retail, dining, and neighborhood amenities. The site also presents potential redevelopment opportunities, including PUDs, townhomes, or condominiums, subject to zoning and municipal approvals. Buyer to conduct their own due diligence to verify development feasibility and allowable uses.

Location

State CA

County Los Angeles

Area 641 - Monterey Park

Zoning MPR3YY

Interior

Fireplace No

Exterior

Parking Features Assigned, Door-Multi, Garage

Total Parking Spaces 13

Building

Story 1

Entry Level One

Sewer Other

Level or Stories One

New Construction No

Construction Status Repairs Major

Others

Senior Community No

Tax ID 5255018001

Special Listing Condition Standard

CRMLS – RECore
Listed by Benjamin J. Hsiang Realty Investment Advisors, Inc.
John Dandoy

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(909) 224-1278

jrdandoy@gmail.com

101 N Indian Hill Blvd STE C1-208, Claremont, California, 91711, United States

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215 N Alhambra AVE