218 North MC Pherrin AVE new Save Request In-Person Tour Request Virtual Tour
Monterey Park,CA 91754
Key Details
Property Type Single Family Home
Sub Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 3,131 sqft
Price per Sqft $510
MLS Listing ID CRWS25218416
Bedrooms 5
Full Baths 4
Half Baths 1
Year Built 2005
Lot Size 7,207 Sqft
Property Sub-Type Single Family Home
Property Description
Custom-Built Luxury Home - Perfect for Investment or Owner-Occupancy, Don't Miss Out! Prime Monterey Park Location - This high-quality, custom-built luxury residence, constructed in 2005, offers 4 bedrooms, 5 bathrooms, and 3,130 sq ft of living space on a generous 7,200 sq ft lot. Features a detached oversized garage (over 600 sq ft), ideal for a low-cost ADU conversion! Elegant French Double Doors open to a grand, soaring foyer with a stunning spiral staircase, exuding luxury and sophistication. The main level boasts a spacious primary suite, while the upper level includes two en-suite bedrooms plus a versatile loft space.Low Property Taxes, No HOA Fees - Exceptional holding costs make this an outstanding choice for both investors and homeowners. Meticulously Renovated by the Seller with Premium Upgrades - Featuring a brand-new luxurious interior, this property is currently operating as a successful short-term rental (STR) with stable income. Over the past six months, average rental income has exceeded $12,000/month, with financials available upon request and consistent growth potential. Post-sale, the seller is willing to offer a high-rent lease-back arrangement.Motivated Seller! Due to business liquidity needs, the seller is reluctantly letting this property go at a $150,00
Location
State CA
County Los Angeles
Area 641 - Monterey Park
Rooms
Family Room Other
Kitchen Dishwasher,Microwave,Other,Pantry,Oven Range - Built-In,Oven - Electric
Interior
Cooling Central AC,Other
Fireplaces Type None
Laundry Gas Hookup,In Laundry Room,Other
Exterior
Parking Features Garage,Other
Garage Spaces 2.0
Pool 31,None
View None
Building
Water Heater - Gas,District - Public
Others
Special Listing Condition Not Applicable