For Sale House MLS# WS26206113

411 N Mcpherrin Avenue

Monterey Park, CA 91754

$930,000

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About 411 N Mcpherrin Avenue

Excellent investment opportunity in Monterey Park featuring three rental units. The property is fully occupied with good rental income. The front house offers 2 bedrooms and 1 bathroom 1 kitchen with approximately 900 SF; the back unit offers 1 studio and 1 bathroom with approximately 282 SF; and the garage has been converted into a 2-bedroom, 1-bathroom, 1 kitchen, approximately 500 SF. The garage conversion is unpermitted. Current rents provide immediate rental income, with potential for increased rents based on estimated market rents. Conveniently located near restaurants, supermarkets, medical centers, schools, and the 10 Freeway. A great opportunity for investors seeking a multi-unit property with existing rental income and future rental upside.

Property details

Property

Type
Single Family Residence
MLS type
Single Family Home
Status
Active
Year built
1939
Stories
1
Living area
1,185 sqft
Price / sqft
$785
Lot
0.111
Original price
$880,000
MLS #
WS26206113

Interior

Features
Common Area
Laundry
Common Area

Exterior & lot

Features
Parking spaces: 2
Construction
1
Lot
5256016047
Garage spaces
2

Schools

District
Alhambra Unified School District

Utilities

Utilities
Public Sewer, Public
Water
Public
Sewer
Public Sewer

Financial

Parcel
5256016047
Special conditions
Standard

Location

Area
641 - Monterey Park
County
Los Angeles
Neighborhood
Ramona Acres
Community
0.0
Directions
Take I -10

Ask about this property

Questions on 411 N Mcpherrin Avenue, Monterey Park, CA 91754, or want to see it in person?

Listed by LIWEI CHEN, Pinnacle Real Estate Group

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.