412 W Newmark Avenue,
Home For Sale
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 spacesfive carport and five open parkingas 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.
Property Details
Additional Information
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- County:
- Los Angeles
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- Zip:
- 91754
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- MLS® #:
- AR24158010
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- Bedrooms:
- 8
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- Lot Size:
- 0.39
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- Neighborhood:
- MONTEREY PARK (91754)
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Listing information last updated on August 5th, 2024 at 10:16pm PDT.