425 N Rural Drive

Monterey Park, CA 91755
$2,530,000
0.21 acres | #WS24230378
Courtesy of RE/MAX ELITE REALTY

Description

Wow, A Wonderful Multiple Units + ADU in the Center of Monterey Park! The gated property with the Zoning of MPR3* , spanning a huge lot of 9,110 SqFt and a generous living area of 3,572 SqFt, provides an excellent opportunity for an investor and/or as an owner with unbeatable income. The Front Unit on the second floor with an external staircase, offers 3 decent sized bedrooms and 1 bathrooms, a spacious living room open to a dining room, a kitchen, and two car garage on the first floor. The Middle Unit boasts 4 bedrooms and 3 bathrooms, featuring an open floor plan, a large living room connected to the dining area, kitchen with granite countertops, stainless appliances, pantry family room, and its private gardening yard. The Back Unit is the newly completed ADU on the rear, a suite with its private bathroom, and 2 bedrooms sharing a full bathroom, two car garage. The property provides 3 separate electric meters, 3 gas meters, and 3 post boxes, each unit with its laundry, central air conditioning, wall unit ac, tankless water heaters, and solar panels for ADU. More features including upgraded bathrooms, remodeled kitchens, upgraded hardwood and tile flooring,recessed lights, dual pane windows, cement ground on back and side yard easy to maintain, beautiful front yard garden, and more parking spaces on the front yard and the corner street. Prime location, walking distance to top rated Mark Keppel High School, with all the conveniences to school, public transportation, markets, and numerous gourmet restaurants. Easy access to the I- 10 and 710 freeways, enjoy the dynamic of DTLA, Monterey Park, Alhambra, and the best gourmet foods for you to choose. Minutes’ drive to AMC theater at Atlantic Square, close to Sierra Vista Park, TS Emporium, 99 Ranch Market, bus stations, and medical facilities. Take your chance to make this spectacular Monterey Park property your new home or investment to collect for rent! It won’t last!
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  • Interior Details
    • Interior Features
      • Interior:CeilingFans, HighCeilings, Pantry, QuartzCounters, RecessedLighting, AllBedroomsDown, BedroomOnMainLevel, MainLevelPrimary, PrimarySuite
  • Property Details
    • Property
      • Stories:1
      • Lot description:Paved, RectangularLot
    • Measurements
      • Acres:0.2091
    • Parking
      • Parking spaces:2
  • Construction Details
    • Type & Style
      • Property type:Multi-Family
    • Condition
      • Year built:1929
  • Utilities / Energy Details
    • Utility
      • Sewer information:PublicSewer
      • Utility source:Public
      • Utility features:ElectricityAvailable, PhoneAvailable
  • Community and Neighborhood Details
    • Location
      • County:Los Angeles
  • Financial Details
    • Pricing Details
      • Original List Price:$2, 530, 000
  • Other
    • Source
      • MLS #:WS24230378

Location

Move Fast Move Now with John Reyes & Margie KossmanMove Fast Move Now with John Reyes & Margie Kossman
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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