202 E Hellman Ave | Monterey Park, CA 91755
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- LoopNet Team
202 E Hellman Ave
Monterey Park, CA 91755
Premier Monterey Park Location | 12 Units · Multifamily Property For Sale
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12 Units
INVESTMENT HIGHLIGHTS
- Premier Monterey Park Location
- Huge Upside Where Current Rents Average 30% Under Market
- Several New Development Projects in the Area Including a Hyatt Place Hotel and The One Condominium Project with 81 Condos and Retail Space.
- Excellent Unit Mix with All Two-Bedroom Apartments including Two Townhome-Style Unit
- Minutes from 12-Acre Focus Plaza Shopping Center as well as Numerous Supermarkets, Shops, Eateries, and Entertainment Options
PROPERTY FACTS
| No. Units | 12 | Building Size | 11,191 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1961 |
| Building Class | C | Parking Ratio | 1.25/1,000 SF |
| Lot Size | 0.44 AC | ||
| Zoning | R3, Monterey Park - Zoning to be Verified by Buyer | ||
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.44 AC |
| Building Size | 11,191 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1961 |
| Parking Ratio | 1.25/1,000 SF |
| Zoning | R3, Monterey Park - Zoning to be Verified by Buyer |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Tile Floors
- Granite Countertops
- Range
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 2 | - | 875 |
| 2+2 | 10 | - | 915 - 1,050 |
PROPERTY TAXES
| Parcel Number | 5255-014-015 | Improvements Assessment | $1,485,691 |
| Land Assessment | $3,056,279 | Total Assessment | $4,541,970 |
PROPERTY TAXES
Parcel Number
5255-014-015
Land Assessment
$3,056,279
Improvements Assessment
$1,485,691
Total Assessment
$4,541,970
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