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$5,500,000
Est. payment /mo
11,882 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 11,882 sqft
Price per Sqft $462
MLS Listing ID CRCV25066035
HOA Y/N No
Year Built 1959
Lot Size 0.592 Acres
Acres 0.59
Property Sub-Type Other
Property Description
We are proud to present an exceptional opportunity to acquire 18 units located at 1013 - 1025 E Hellman Avenue, in the city of Monterey Park. It may be purchased together or separately with the contiguous parcel located at 1003 E. Hellman Avenue (50 units). This vibrant location positions your investment at the heart of it all. The properties are situated on the south-west corner of North New Avenue and East Hellman and are within minutes away from a plethora of diverse restaurants, shopping centers, entertainment attractions and Cal State University Los Angeles. Situated on a 25,785 SF lot, the property is strategically located next to Mark Keppel High School in an area with the highest Asian population density in the United States. Built in 1962 the property is well-maintained situated on ±25,785 square feet of land and a total building size of ±11,882 square feet. The properties consist of a unit mix of one-bed/one-bathroom and two-bed/one-bathroom units averaging 688 square feet per unit. The smoke free units feature wall air conditioning and heating, wall-to-wall carpeting, vertical blinds, high-speed internet, balconies, secured screen doors, and kitchens with refrigerators, oven-range and disposals. The building features on-site laundry facilities, mature landscaping, se
Location
State CA
County Los Angeles
Zoning MPR3
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Laundry Other
Building
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 5258010032
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Listed by Eric Chen • CB RICHARD ELLIS