319 N Garfield Avenue $5,288,000

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    319 N Garfield Avenue Monterey Park, CA 91754

    • 0 Beds
    • 0 Baths
    • 12,381 sq. ft.
    • Multi-Family
    • MLS# WS22101547
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    Views: 6 Days On Market: 51

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    Property Details

    19-unit apartment located next to the Garfield Hospital and close to markets banks and restaurants. MPC3 commercial zone. New roof, new exterior paint in 2021. Current rents are comparatively low; good potential for upward adjustment of property value in future rent increases. Separate meters for electricity and gas for each individual unit. On site laundry room. Property to be sold in As Is condition. Seller is not required to do any additional repairs and/or replacement works for the building. Seller reserves all services.

    • General Features
      • Association Fee 0.00
      • Buyer Compensation 2.500 %
      • County Or Parish Los Angeles
      • Number Of Buildings 3
      • Number Of Separate Electric Meters 19
      • Number Of Separate Gas Meters 19
      • Number Of Separate Water Meters 1
      • Number Of Units Leased 19
      • Number Of Units Total 19
      • YearBuilt 1955
    • Building Features
      • Appliances Gas Range,Water Heater
      • Carport Spaces 22.00
      • Cooling Wall/Window Unit(s)
      • Fireplace Features None
      • Foundation Details Raised
      • Heating Floor Furnace
      • Laundry Features Common Area
      • Roof Shingle
    • Property Features
      • Fencing Block
      • Lot Size Acres 0.58
      • Lot Features 16-20 Units/Acre, Front Yard, Level with Street
      • Pool Private Y/N 0
      • Pool Features None
      • Parking Total 22.00

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    Neighborhood

    91754 (Monterey Park) Demographics

    43 Median Age
    7,337 Population Density (per sq. mile)
    45% College Educated
    $66,218 Estimated Median Income
    6,169 Estimated Total Home Owners
    5,383 Estimated Total Renters
    53% / 47% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    33,343 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $836,650 Median Sales Price
    18 Homes Sold
    24 New On Market

    Average Days on Market

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $5,288,000
        5/13/2022 3:49:00 PM New in Database Source: Multiple Listing Service New Value: $5,288,000

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        ** Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Based on information from California Regional Multiple Listing Service, Inc. as of 7/1/2022 10:51:28 PM. 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.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.