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Key Details
Sold Price $2,330,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,396 sqft
Price per Sqft $364
MLS Listing ID 20-634390
Sold Date 10/27/20
Style Bungalow
Bedrooms 14
Construction Status Fixer
Year Built 1949
Lot Size 0.568 Acres
Acres 0.568
Property Sub-Type Multi-Family
Property Description
We are pleased to present 910 E. Newmark, a 7-unit apartment complex in prime Monterey Park. Constructed in 1949, the property consists of four (4) separate buildings featuring (7) 2 Bedroom/1 Bathroom units. All units are single story apartment units. Situated on a huge 24,744 square foot lot zoned MPR3 (High-Density Residential), this is one of the few potential future development opportunities left in the area. There are 4 garage spots and multiple open parking spaces. 910 E. Newmark is in very close proximity to downtown Monterey Park and surrounding cities. Monterey Park is known for world famous Chinese, Thai, and other Asian cuisines. Dont miss this incredible opportunity to redevelop this large lot or improve rents.
Location
State CA
County Los Angeles
Area Monterey Park
Zoning MPR3*
Rooms
Other Rooms None
Interior
Heating Other
Cooling Other
Flooring Mixed, Other
Fireplaces Type None
Equipment Refrigerator, Range/Oven
Laundry Other
Exterior
Parking Features Driveway, Assigned, Parking for Guests, Garage Is Detached
Garage Spaces 15.0
Building
Lot Description Value In Land, Redevelopment Area, Fenced, Back Yard, Lawn, Lot-Level/Flat, Lot Shape-Flag
Story 1
Sewer In Street
Water District
Architectural Style Bungalow
Construction Status Fixer
Others
Special Listing Condition Standard
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The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Bought with CENTURY 21 MASTERS
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Ivan Perez
Broker Associate | License ID: 01952891
Broker Associate License ID: 01952891