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6431 Monterey Rd
Los Angeles, CA 90042
Monterey Apartments · Multifamily Property For Sale · 19 Units

INVESTMENT HIGHLIGHTS

  • ± 35% Rental Upside
  • Excellent unit Mix of One Bedrooms and Two Bedrooms
  • Opportunity to Capitalize on continued RUBS program already implemented for future vacancies
  • Location borders Highland Park and South Pasadena
  • Very tight rental Market in an extremely low velocity Neighborhood. Very few Buildings come for sale in this location
  • 5 Units Have Been Rehabbed

PROPERTY FACTS

No. Units 19
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.33 AC
Building Size 13,773 SF
Average Occupancy 100%
No. Stories 2
Year Built 1964
Parking Ratio 1.45/1,000 SF
Zoning LAR1

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 16 $1,429 575
2+2 3 $1,882 900

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5312-002-022
Land Assessment
$1,894,256
Improvements Assessment
$2,164,864
Total Assessment
$4,059,120
  • Listing ID: 36092859

  • Date on Market: 6/3/2025

  • Last Updated:

  • Address: 6431 Monterey Rd, Los Angeles, CA 90042

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