Monterey Park (641) Homes with Apartment Subtype

Welcome to Monterey Park, a vibrant gem nestled in the heart of Los Angeles County, California. Known for its rich cultural diversity and thriving community, Monterey Park offers a unique blend of suburban charm and urban convenience. Just a stone's throw from downtown Los Angeles, this city is an ideal location for those seeking a tranquil retreat without sacrificing accessibility to the bustling city life.

Monterey Park is renowned for its picturesque tree-lined streets, well-maintained parks, and an array of dining options that reflect its multicultural heritage. Whether you’re craving authentic dim sum or a classic American burger, you’ll find it all right here. The city is also home to several top-rated schools and community centers, making it an attractive choice for families and young professionals alike.

When it comes to housing, Monterey Park boasts a variety of options, including homes with apartment subtypes. These residences are perfect for those seeking flexibility and convenience. Whether you’re looking for a spacious multi-family home or a cozy duplex, you’ll find properties that cater to diverse lifestyles and budgets. Many of these homes feature modern amenities, private outdoor spaces, and easy access to public transportation, ensuring that you can enjoy everything this vibrant city has to offer.

With its rich history, thriving community spirit, and a wide range of housing options, Monterey Park is not just a place to live—it’s a place to thrive. Discover your dream home in this enchanting city, where every day feels like a new adventure!

Newest Monterey Park (641) Homes with Apartment Subtype

$3,195,000

SB26214190 MLS ⋅ Active Status

Trophy Multifamily Asset in the Heart of Monterey Park First time on the market in over 45 years! This exceptional multifamily investment opportunity is ideally located in the heart of Monterey Park and sits on an oversized approximately 20,000-square-foot lot. The property offers an attractive unit mix consisting of approximately 80% two-bedroom units and 20% one-bedroom units, providing strong appeal to a broad tenant base. Most units feature private balconies or patios and are SB 721 compliant. Tenant amenities include a beautifully landscaped common area with a BBQ and outdoor seating area, mature gardens, and common-area laundry facilities. Each tenant also benefits from either a single or dual enclosed garage, providing valuable off-street parking and additional storage. The property presents upside income potential through below-market rents and is exempt from the Los Angeles City RSO, with rents subject to applicable California statewide rent-control guidelines. Additional property features include: Separately metered gas and electricity Gated entrance Enclosed garage parking Mature landscaping and garden areas Stable tenancy Approximately 20,000 SF lot Attractive 80% two-bedroom / 20% one-bedroom unit mix With its long ownership history, desirable unit mix, substantial lot size, garage parking, and potential for rental upside, this is a rare opportunity to acquire a multifamily asset in a market where properties with more than five units trade infrequently.

218 W Hellman, Monterey Park

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