Monterey Park, CA 91755,109 E Hammel
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Listed by Donald La • DONALD LA REALTY
$ 1,975,000
Est. payment /mo
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109 E Hammel Monterey Park, CA 91755

5,662 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 5,662 sqft

Price per Sqft $348

MLS Listing ID CRAR25226216

HOA Y/N No

Year Built 1959

Lot Size 10,137 Sqft

Property Sub-Type Other

Source Datashare California Regional

Property Description

First time on the market in 62 years! Rare opportunity to acquire an 8-unit multifamily property located in the highly desirable city of Monterey Park, California. Available for the first time since 1963, the property features consistent tenant demand and long-term ownership pride. The building consists of one (2-bedroom / 2-bath) unit and seven (1-bedroom / 1-bath) units. The property has been meticulously maintained and offers a reliable income stream with significant long-term upside potential. All units and separately metered for electricity and gas. Individual laundry room for added convenience. Easy access to 60 FWY, 0.6 miles to Elder Park, 0.6 miles to Topgolf Montebello, 1.9 miles to Costco Wholesale.

Location

State CA

County Los Angeles

Interior

Fireplace No

Laundry Laundry Room


Bay East Association of Realtors
Theresa Solon

Theresa Solon

REALTOR | CA DRE# 01436657

+1(707) 334-9186

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