218 North MC Pherrin Avenue Open House Save Request In-Person Tour Request Virtual Tour
Monterey Park,CA 91754
OPEN HOUSE
Sat Sep 20, 1:00pm - 3:00pm Sun Sep 21, 1:00pm - 3:00pm
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 3,131 sqft
Price per Sqft $510
MLS Listing ID CRWS25218416
Bedrooms 5
Full Baths 4
Year Built 2005
Lot Size 7,207 Sqft
Property Sub-Type Detached
Property Description
Custom-Built Luxury Home – Perfect for Investment or Owner-Occupancy, Don’t Miss Out! Prime Monterey Park Location – This high-quality, custom-built luxury residence, constructed in 2005, offers 4 bedrooms, 5 bathrooms, and 3,130 sq ft of living space on a generous 7,200 sq ft lot. Features a detached oversized garage (over 600 sq ft), ideal for a low-cost ADU conversion! Elegant French Double Doors open to a grand, soaring foyer with a stunning spiral staircase, exuding luxury and sophistication. The main level boasts a spacious primary suite, while the upper level includes two en-suite bedrooms plus a versatile loft space.Low Property Taxes, No HOA Fees – Exceptional holding costs make this an outstanding choice for both investors and homeowners. Meticulously Renovated by the Seller with Premium Upgrades – Featuring a brand-new luxurious interior, this property is currently operating as a successful short-term rental (STR) with stable income. Over the past six months, average rental income has exceeded $12,000/month, with financials available upon request and consistent growth potential. Post-sale, the seller is willing to offer a high-rent lease-back arrangement.Motivated Seller! Due to business liquidity needs, the seller is reluctantly letting this property go at a
Location
State CA
County Los Angeles
Interior
Cooling Central Air,Other
Fireplaces Type None
Laundry Gas Dryer Hookup,Laundry Room,Inside
Exterior
Garage Spaces 2.0
Pool None
View None
Building
Lot Description Street Light(s)
Story 2
Water Public
Schools
School District Alhambra Unified