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411 N Mcpherrin Avenue — photo 1
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Units

3

Building Size

1,185 sf

Lot Size

4,836 sf

Status

Active

Listing Agent: LIWEI CHEN, Pinnacle Real Estate Group

Monterey Park

411 N Mcpherrin Avenue

About This Property

Excellent investment opportunity in Monterey Park featuring three rental units. The property is fully occupied with good rental income. The front house offers 2 bedrooms and 1 bathroom 1 kitchen with approximately 900 SF; the back unit offers 1 studio and 1 bathroom with approximately 282 SF; and the garage has been converted into a 2-bedroom, 1-bathroom, 1 kitchen, approximately 500 SF. The garage conversion is unpermitted. Current rents provide immediate rental income, with potential for increased rents based on estimated market rents. Conveniently located near restaurants, supermarkets, medical centers, schools, and the 10 Freeway. A great opportunity for investors seeking a multi-unit property with existing rental income and future rental upside.

Unit Mix

  • 2 units · 2bd / 1ba
  • 1 unit · 1bd / 1ba

Neighborhood

This property is located in Monterey Park. Want to learn more about the area?

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Asking Price

$930,000

Est. Monthly Payment

$5,943/mo

20% down · 6.5% rate · 30yr

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Listing Agent

LIWEI CHEN

Pinnacle Real Estate Group