500 E Hellman Ave, Monterey Park, CA 91755

Property Description

Wow,a wonderful triplex in the center of Monterrey Park! First time on the market in around 30 years! MPR3 zoning. Excellent opportunity for an investor and/or as an owner with income from units. Prime location, top rated Mark Keppel High School is just across the street, with all the conveniences to school, freeway, public transportation, and markets, and many of finest restaurants. An arch shaped flower stand inviting you home in the front yard. There are three units with a considerable lot of 6,218 SqFt. Each of 3 units have their own separate entrance, Living Room, Bedroom, Bathroom, Kitchen and garage. Currently, two units are tenants occupied, one unit rent for $1,500 which is moving out by June, another unit rent for $1,350, both on month to month lease, another unit is easy to rent out for $1,600 or $1,700. Two units will delivered vacant. The property features dual pane windows, laminate flooring, quartz countertops, stainless appliances, and more parking space on the corner street. The property features lots of storage spaces, and all rooms are well-lit, wall-unit A/C, and a laminate floor throughout. There are separate gas and electricity meters, washer/dryer hooks. Spacious backyard features many fruit trees, guava, orange, and lemon, a perfect relaxing area or BBQ to entertain family and friends. Easy access to the I- 10 and 710 freeways, enjoy the dynamic of DTLA, Monterey Park, Alhambra, and the best gourmet foods to your choices. Minutes drive to AMC theater at Atlantic Square, close to Granada Park, 99 Ranch Market, etc. Take your chance to make this spectacular Monterey Park property your new home or investment to collect rent ! It won’t last,