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412 W Newmark Avenue, Monterey Park, CA 91754

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For Sale

$1,995,000

4,983 sqft

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Multi-Family Home
    Property type

  • 1961
    Year built

  • $400.36
    Price per square foot

Explore this Property

Discover a rare investment opportunity in the heart of Monterey Park with this exceptional property, which features a charming 3-bedroom, 2-bathroom single-family home alongside four single-story rental units, all situated on a sprawling 16,918 sq. ft. lot. With a total of 4,983 sq. ft. of living space, this versatile property offers significant upside potential, making it ideal for investors or those seeking a multi-functional residential setup. The main house, with 1,204 sq. ft., is perfect for owner occupancy, while the four rental units, totaling 3,779 sq. ft., each come with private yards (four out of five units) and individual water heaters.
 
 The property includes 10 tandem parking spaces-five carport and five open parking-as well as ample street parking. With the potential to add up to three Accessory Dwelling Units (ADUs), this property presents an excellent opportunity for increased rental income or additional living space. The single-story layout of all units and the durable pitched roof add to the overall appeal.
 
 Situated in a residential neighborhood, this property is within walking distance of City Hall, Atlantic Blvd and Garvey Ave., as well as shopping, restaurants, and Barnes Parks.
MLS# AR24158010

Courtesy Of Coldwell Banker Arcadia

(626) 445-5500

Property Features

  • Cooling
    Wall Unit A/C
  • Lot Size
    0.39 Acres
  • Sewer
    Public
  • Style
    Other Style
  • Water
    City Water

Home seller CENTURY 21 Masters

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
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  • Private Mortgage Insurance
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  • HOA Dues
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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