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531 N Ynez Avenue

Monterey Park, CA 91754

– beds
– baths
– sqft
9,894 sqft lot
1921 build
– on site

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Investment opportunity in a prime location in Monterey Park with the potential to add ADU! This property features three units spread across two separate buildings. The front building includes:First Unit: 3 bedrooms, 1 bathroom, and 1 detached car garage. Second Unit: 3 bedrooms, 1 bathroom, and 1 detached car garage. Third Unit: 2 bedrooms, 1 bathroom, plus a bonus room, and 1 detached car garage. All units have central A/C and heating, and separate electrical and gas meters. All units are on a month-to-month lease. The property is conveniently close to restaurants, banks, supermarkets, schools, and parks, with easy access to the 10 and 710 freeways. "DRIVE BY ONLY. DO NOT DISTURB TENANTS". "DRIVE BY ONLY, DO NOT DISTURB TENANTS".

Listed By CRMLS_CA / STEVE HANG / COLDWELL BANKER DYNASTY/ARC / 626 688 3731

Last checked: Checking… • Last updated Nov 16, 2024 •

MLS# WS24192828 —

The Building

Year Built:

1921
Year Built Source:

Assessor
New Construction:

No
Common Walls:

1 Common Wall
Building Area Total:

2842.00
Building Area Units:

Square Feet
# of Buildings:

2
Total Number Of Units:

3
Stories Total:

2
# of Separate Gas Meters:

3
# of Separate Water Meters:

1
# of Separate Electric Meters:

3

Interior

Levels:

One, Two
Laundry:

Inside
Laundry:

1

Location

Directions:

N. Garvey
Latitude:

34.06846000
Longitude:

-118.12960000

The Property

Property Type:

Residential Income
Subtype:

Triplex
Zoning:

MPR3*
Lot Features:

Lot 6500-9999
Lot Size Area:

9894.0000
Lot Size Acres:

0.2271
Lot Size SqFt:

9894.00
Lot Size Source:

Assessor
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

4817.13
Tax Lot:

219

The Listing

Special Listing Conditions:

Standard
Parcel Number:

5256010038

Heating & Cooling

Heating:

1
Heating:

Central
Cooling:

Yes
Cooling:

Central Air

Utilities

Sewer:

Public Sewer
Water Source:

Public

The Community

Senior Community:

No
Features:

Curbs
Pool:

None
Private Pool:

No
Assessments:

Yes
Assessments:

Unknown

Parking

Parking Spaces:

3.00
Garage Spaces:

3.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Max Internet Speed

AT&T Internet

Provided by BroadbandNow®

Sale history

Date	Event	Source	Price	% Change
10/22/24 Oct 22, 2024		BRIDGE	$1,598,000
10/22/24 Oct 22, 2024	Sold Subject To Contingencies	CRMLS_CA	$1,598,000
9/17/24 Sep 17, 2024	Relisted	CRMLS_CA	$1,598,000	7.3%

Multifamily Sold on 11/15/2024

$1,598,000

Listing provided by broker:

STEVE HANG

COLDWELL BANKER DYNASTY/ARC

626 688 3731

Newest listings in Monterey Park, CA

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Listing Courtesy of: CRMLS_CA and COLDWELL BANKER DYNASTY/ARC. Based on information from California Regional Multiple Listing Service, Inc. as of 00:01 on Nov 19.

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.

531 N Ynez Avenue

Monterey Park, CA 91754