$2,330,000
$2,100,000
11.0%For more information regarding the value of a property, please contact us for a free consultation.
0.56 Acres Lot
SOLD DATE : 10/27/2020
Key Details
Sold Price $2,330,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 20634390
Sold Date 10/27/20
Construction Status Fixer
HOA Y/N No
Year Built 1949
Lot Size 0.560 Acres
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 641 - Monterey Park
Zoning MPR3*
Interior
Fireplaces Type None
Fireplace No
Appliance Refrigerator
Laundry See Remarks
Exterior
Garage Assigned, Driveway, Guest
Garage Spaces 8.0
Garage Description 8.0
Total Parking Spaces 8
Building
Lot Description Back Yard, Flag Lot, Lawn, Value In Land
Story 1
Architectural Style Bungalow
Construction Status Fixer
Others
Senior Community No
Tax ID 5259017040
Special Listing Condition Standard
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Bought with ROSA SCALIO • CENTURY 21 MASTERS
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
880 Roosevelt Suite 250, Irvine, California, 92620, United States