141 Marguerita Avenue,  Monterey Park CA, 91754 (Residential Income)

2,528 sqft
Status: Sold
MLS#: OC15174004
Skip Slideshow
Last Updated: 12/3/2016 8:53 AM
Description for 141 Marguerita Avenue Monterey Park, CA 91754
Tri-Plex in excellent neighborhood in Monterey Park. Front Unit is newly renovated with new energy efficient dual pane windows, Kitchen cabinets and Granite counter top, new stainless Oven, Dishwasher & Micro, new light fixtures, new flooring and new paint inside and out. for Buyer who wants to live in front unit and have rental income from back 2 Units (A & B). Or Seller will easily Rent out the front unit for $1,650/mos or more, during the escrow period if Buyer chooses. Each unit is a Stand alone building which is very desirable to tenants. Back 2 Units (A & B) were built in 1963 and front unit was build in 1927. Top Rate Elementary, Middle and High Schools according to Great Schools. Close to everything. Gross Rent Multiplier (GRM) is just 17.4 which is one of the lowest on the market in Monterey Park. Great tenants always pay on time. Washer and dryer income is not included in the figures so it is a plus.The expense are estimated and not exact
Price
Sold Price:
$868,000
Sold Date:09/10/2015
Los Angeles
2,528 (approx)
OC15174004
Closed
Description
Tri-Plex in excellent neighborhood in Monterey Park. Front Unit is newly renovated with new energy efficient dual pane windows, Kitchen cabinets and Granite counter top, new stainless Oven, Dishwasher & Micro, new light fixtures, new flooring and new paint inside and out. for Buyer who wants to live in front unit and have rental income from back 2 Units (A & B). Or Seller will easily Rent out the front unit for $1,650/mos or more, during the escrow period if Buyer chooses. Each unit is a Stand alone building which is very desirable to tenants. Back 2 Units (A & B) were built in 1963 and front unit was build in 1927. Top Rate Elementary, Middle and High Schools according to Great Schools. Close to everything. Gross Rent Multiplier (GRM) is just 17.4 which is one of the lowest on the market in Monterey Park. Great tenants always pay on time. Washer and dryer income is not included in the figures so it is a plus.The expense are estimated and not exact
Listing Information
Property Type: Cluster, Cape Cod, Colonial, Cottage, 1 Story
0.22 Acres 9,362 sq.ft. 2,528 (approx)
1964 1
Brick, Concrete, Glass, Wood
Raised Foundation
Public Water Service
Sewer at Street
Electric service at street, Natural Gas
3 Total
Neighborhood
Room Information
Hookups in Laundry Room
Interior Features
Carpet Wall to Wall, Ceramic Tile
Window/Wall Unit
Wall Unit
Family Room, No Fireplace
Exterior / Lot Features
4 Parking Spaces, Carport, Driveway
Wood, Brick, Glass, Concrete
Asphalt
None
No Pool
Glass, Wood, Block, Brick Wall, Cross Fenced
Sidewalks, Curbs Walk
Financial Considerations
5261005058
$51,000 Income ,$10,200Expense
Listing Price History

Monterey Park Real Estate

Monterey Park is located in California. Monterey Park, California 91754 has a population of 60,418.

The median household income in Monterey Park, California 91754 is $55,800. The median household income for the surrounding county is $56,241 compared to the national median of $53,046. The median age of people living in Monterey Park 91754 is 41.6 years.

Loading nearby sales and history ...
Courtesy: HOM Sotheby's International Nick Roshdieh
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
Information is deemed reliable but is not guaranteed.

Ask a Question?
Send Now
Start a no spam email conversation
My Drive Time
Enter your work address to view actual drive times with traffic for this property

No    Yes

Calculate & Save Calculating ...
Calculating ...
Here is the weekday INRIX Drive Time from this property to .

When you register, you will receive ...

Weekday drive times
Plus all these great features

  • Drive Time calculations that inform you about traffic conditions from the property you are interested in to your place of work, along with driving directions.
  • Automatic Drive Time calculations for every property. Simply enter your work address to start.
  • Access to INRIX Drive Time data that is used by Garmin, Pioneer, Toyota, and many other well-known companies.
  • Other benefits from being a registered user including: saved properties, saved searches, price alerts, notes, direct access to your agent and much more!

Register or login today to take advantage of Drive Time
Nearby homes for sale
Recent sales nearby