155 E Emerson Avenue, Monterey Park, CA 91755
- $1,550,000
- List Price
- $1,550,000
- Status
- ACTIVE UNDER CONTRACT
- MLS#
- AR26143633
- Year Built
- 1975
- Lot Size
- 7,266
- Acres
- 0.17
- Days on Market
- 26
- Property Type
- Multifamily
- Property Sub Type
- Triplex
- Stories
- Two Levels
Property Description
Exceptional triplex investment opportunity in the highly desirable City of Monterey Park. Built in 1975, this property features an attractive unit mix consisting of one very spacious 4-bedroom, 3.5-bath owner's unit with one bedroom on the first floor (Unit A) and two 2-bedroom, 2-bath units (Units B & C), offering flexibility for both investors and owner-occupants. The expansive primary unit provides the comfort and functionality of a single-family home, while the two additional units present excellent rental income potential. Whether you're looking to live in one unit while offsetting your mortgage with rental income or add a quality multi-family asset to your investment portfolio, this property offers a rare combination of size, versatility, and long-term value. Conveniently located in the heart of Monterey Park, residents enjoy convenient access to all the city has to offer. Located just steps away from shopping, dining, parks, and easy access to major freeways, making this an attractive location for tenants and homeowners alike. Don't miss this outstanding opportunity to own a well-located triplex in one of the San Gabriel Valley's most sought-after communities and highly rated school districts!
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Additional Information
- Pool Description
- None
- Heat
- Forced Air
- Cooling
- Yes
- Cooling Description
- Central Air
- Garage Spaces Total
- 3
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Detached
- Number Of Units Total
- 3
- Gross Scheduled Income
- $3,634
- Operating Expense
- 524
Listing courtesy of Listing Agent: Garrett Chan (garrett@garrettchan.com) from Listing Office: Compass.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.