Well maintained, attractive, gated property in Monterey Park. Centrally located within walking distance of shopping, restaurants, banks, post office and schools. Close to public transportation and easy access to Interstate freeways. 12 unit building, 6 units on ground level and 6 units on 2nd level. 6 units 1 bedroom 1 bath and 6 units 2 bedroom 1 bath. 12 carports and 12 carport storage units. Coin laundry room on site for additional income. Central water heater. Each unit separately metered for gas and electric. Cable ready to each unit. Ground level units have private enclosed large patio. 2nd level units have large balcony. Property not subject to rent control restrictions. One enclosed private two car garage currently used by owner, could be rented for additional income. Two car garage could be re-converted for direct access to unit #1. Unit #1 has fireplace. Low maintenance landscape. Rental agreements have no pets and no smoking policy. High upside potential. One owner California real estate licensee. Buyer to co-operate in sellers 1031 exchange. Brokered And Advertised By: TRISTATE REALTY Listing Agent: WILLIAM YEE
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