Wow!!!! R3 zoning. Large lot for a condo project. DEVELOPMENT OPPORTUNITY AND PRIME LOCATION in Monterey park.We are so pleased to offer this 4 units located in the heart of Monterey park for sale. Rent will be collected during thedesign work and review. Great Monterey Park location, located on a quiet, tree lined street, close to a Chinese supermarket,banks and restaurants. Currently there are 4 units total. One detached house 227 3 beds/1 bath (title shows 2 beds/1 bath)with a 2 car detached garage, tenants are paying $1800/month. There are 3 units in the other building, has a new roof andnew water heaters. 229 A 2 beds/1 bath, $1400/month. 229 B (2 beds/1 bath) $1350/month. 229 C(1 bed/1 bath) $985/month.229 B has a one year lease, the others are under month to month term. Total monthly income is $5535/ month. Landlordpays water, trash and gardener. Property to be sold as is condition. Truly a remarkable development opportunity. Buyer toverify with city for great potential development. Don't let this one get away. Please do not disturb tenants. Drive by and offeris subject to interior inspection.
This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.
