Monterey Park, CA 91755,426 Sefton AVE
Monterey Park, CA 91755,426 Sefton AVE
Monterey Park, CA 91755,426 Sefton AVE
Monterey Park, CA 91755,426 Sefton AVE
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$2,630,000

$2,850,000

7.7%
Est.Price: ?

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Est. payment /mo

0.58 Acres Lot


SOLD DATE : 02/24/2021

Key Details

Sold Price $2,630,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 20633804

Sold Date 02/24/21

HOA Y/N No

Year Built 1962

Lot Size 0.580 Acres

Acres 0.58

Property Description

We are pleased to present an 8 unit apartment complex in prime Monterey Park. Constructed in 1962, the property consists of four (4) separate buildings featuring one (1) 4 bedroom 2 bath unit, three (3) 3 bedroom 2 bath units and four (4) two bedroom 1 bath units. Unit 1 (4 bedroom 2 bath) and unit 3 (3 bedroom 2 bath) are two-story townhome style units. Situated on a huge 25,639 square foot lot zoned R-3 (High-Density Residential), this is one of the few potential future development opportunities left in the area. There are eight (8) single car garages and four (4) additional open parking spaces. This property is a 5 minute drive from downtown Monterey Park which includes almost 400 local businesses around the Garvey/Garfield corridor, including art boutiques, tea houses and cafes, grocery stores and restaurants serving authentic Chinese, Thai and ethnic cuisine.

Location

State CA

County Los Angeles

Area 641 - Monterey Park

Zoning MPR3*

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Exterior

Garage Assigned, Garage

Garage Spaces 8.0

Garage Description 8.0

Parking Type Assigned, Garage

Total Parking Spaces 8

Building

Story 2

Others

Senior Community No

Tax ID 5259006036

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Benjamin J. Hsiang • Realty Investment Advisors, Inc.
Bought with Benjamin J. Hsiang • Realty Investment Advisors, Inc.

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"REAL" Barkley-Romero

CEO | DRE# SA695240000 | DRE# 02100184

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