521 Pomelo Ave - Apartments FOR SALE


Monterey Park, CA 91755
$2,280,000 USD
626-863-2221
521 Pomelo Ave, Monterey Park, CA for Sale
$2,280,000 USD
Apartments - FOR SALE
1/12
null | 3.1% Cap Rate

521 Pomelo Ave
Monterey Park, CA 91755


OVERVIEW

5 unit property comprised of 3 one story buildings with unit mix of one 3 bedroom/1 bath and four 3 bedrooms/two baths, totaling 4,473 SF. Separate meters for gas and electricity, and individual water heaters for each unit. On site laundry facility and uncovered parking. Property sits on a spacious 17,752 lot with MPR3 zoning. Easy access to 10 fwy and 60 fwy.

FOR SALE DETAILS

PRICE

$2,280,000 USD

PRICE/SF

$510 USD /SF

# OF UNITS

5

PRICE/UNIT

$456,000

CAP RATE

3.1%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.41 AC

LAND SF

17,860 SF

ZONING

MPR3

APN/PARCEL ID

5259-009-049

ASK ABOUT THIS PROPERTY

CRYSTAL YOUNGResound PropertiesMore Info
626-863-2221

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CRYSTAL YOUNGResound PropertiesMore Info
626-863-2221

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.