The excellent mix includes both a two-bedroom house and a four-bedroom house, which combine to total 3,844 rentable square feet. The lot spans 11,287 square feet, providing plenty of yard and parking space for the tenants. A new investor may be able to capitalize on residential financing options that are unavailable on properties with more than four units. Both houses received new roofs within the past five years. While the front home was built in 1927, the rear house was constructed in 1988 and has been significantly upgraded recently. Improved features include new stainless steel appliances, new flooring, new quartz countertops, new kitchen cabinets, and remodeled bathrooms. An outdoor sprinkler system was also recently installed, including new WiFi sprinkler controls. Monterey Park was recently designated among the Best Places to Live within the entire United States, earning third place in the nationwide review.
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