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314 E Emerson Avenue

Monterey Park, CA 91755
  • $1,350,000
  • STATUS: Active
  • ON SITE: 6 Days
  • MLS #: P1-15084
New On Site 6 Days Ago
UPDATED: 65 min ago
$1,350,000
  • 0
    BEDS
  • 0.24
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1962
County:

School Ratings & Info

Listing Agent(s): Yennis Wong of Berkshire Hathaway Homeservices California Properties ((626) 440-5100)


Description

Hard to find quadplex in a convenient location to shops, restaurants, and schools. The front detached stand alone house consists of 3 bedrooms and 1.75 baths with its own fenced front yard and porch. The back two-story building is comprised of three - 2 bedroom 1.5 bathroom units. Currently, Unit B is vacant and has been cosmetically updated with new paint, new laminate floor and carpeting. There is a large carport for 5 cars and 2 additional parking spaces. Do not walk on the property or disturb tenants, drive by only. All leases are month to month and offer upside potential.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-22T13:35:38.167. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
www.theziagroup.com/homes/143458763
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314 E Emerson Avenue Monterey Park, CA 91755

  • Price: $1,350,000
  • Status: Active
  • On Site: 6 Days
  • Updated: 65 min ago
  • MLS #: P1-15084
0
Beds
0
Baths
0
½ Baths
0.24
Acres
1962
Built
Neighborhood:
Not Applicable
County:
Los Angeles
Area:
641 - Monterey Park
Property Description
Hard to find quadplex in a convenient location to shops, restaurants, and schools. The front detached stand alone house consists of 3 bedrooms and 1.75 baths with its own fenced front yard and porch. The back two-story building is comprised of three - 2 bedroom 1.5 bathroom units. Currently, Unit B is vacant and has been cosmetically updated with new paint, new laminate floor and carpeting. There is a large carport for 5 cars and 2 additional parking spaces. Do not walk on the property or disturb tenants, drive by only. All leases are month to month and offer upside potential.
Exterior Features

Carport Spaces 5 Carport YN Yes Fencing BrickChain Link Lot Features Sprinklers None Number Of Separate Electric Meters 4 Open Parking Spaces 2 Parking Features AssignedCarport Parking Total 7 Pool Features None Pool Private YN No Property Attached YN Yes Spa Features None Spa YN No View None View YN No

Interior Features

Appliances Range Hood Common Walls 1 Common Wall Cooling Wall/Window Unit(S) Cooling YN Yes Fireplace Features None Fireplace YN No Flooring CarpetLaminate Heating Gravity Heating YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Community Features CurbsStreet Lights Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 64788 Gross Scheduled Income 64788 Insurance Expense 4829 Land Lease YN No Laundry Features Common Area Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash To New Loan Maintenance Expense 3000 Net Operating Income 50979 New Construction YN No Number Of Separate Gas Meters 4 Number Of Separate Water Meters 2 Operating Expense 13809 Property Sub Type Quadruplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 4300 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-22T13:35:38.167. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
 
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The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): Yennis Wong of Berkshire Hathaway Homeservices California Properties ((626) 440-5100)