314 E Emerson Avenue, Monterey Park, CA 91755

$1,780,000
Sold Price
$1,780,000
List Price
$1,350,000
Closing Date
Oct 10, 2023
Status
CLOSED
MLS#
P1-15084
Year Built
1962
Lot Size
10,338
Acres
0.24
Lot Location
Sprinklers None
Days on Market
8
Property Type
Multifamily
Property Sub Type
Quadruplex
Neighborhood
Not Applicable

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.

Additional Information

Appliances
Range Hood
Pool Description
None
Heat
Gravity
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
View
None
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Gross Scheduled Income
$64,788
Operating Expense
13809

Listing courtesy of Listing Agent: Yennis Wong (yennisw@bhhscal.com) from Listing Office: Berkshire Hathaway HomeServices California Properties.

Listing sold by Matt McIntyre from Berkshire Hathaway HomeServices California Properties

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.