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521 Pomelo Avenue

Monterey Park, CA 91755
  • $1,725,000
  • STATUS: Active
  • ON SITE: 15 Days
  • ID#: 21107281
$1,725,000
  • 0
    BEDS
  • 0.41
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1960
County:

School Ratings & Info

Listing Agent: Priscilla Nee of Cb Richard Ellis, Inc. and Jenny Eng of Cbre


Description

Constructed in 1960 on a 17,752 square foot MPR3 lot, 521 Pomelo Avenue is a 5-unit property comprised of three one-story buildings with a total building size of 4,473 square feet. The property is separately metered for gas and electric, is serviced by Individual water heaters, and offers an on-site laundry facility and uncovered parking. 521 Pomelo Avenue is being offered for sale for the first time in almost four decades. 521 Pomelo Avenue boasts an ideal unit mix of one three-bedroom/one-bathroom unit and four three-bedroom/two-bathroom units. Rents are approximately 56% below market; the property is restricted by AB 1482.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-08T00:26:55.663. 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 deemed reliable but is not guaranteed accurate by the MLS or The Marelly Group | Sentry Residential. Licensed in the State of California, USA.
www.themarellygroup.com/homes/123493741
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521 Pomelo Avenue Monterey Park, CA 91755

  • Price: $1,725,000
  • Status: Active
  • On Site: 15 Days
  • ID#: 21107281
0
Beds
0
Baths
0
½ Baths
0.41
Acres
1960
Built
Neighborhood:
641 - Monterey Park
County:
Los Angeles
Area:
641 - Monterey Park
Property Description
Constructed in 1960 on a 17,752 square foot MPR3 lot, 521 Pomelo Avenue is a 5-unit property comprised of three one-story buildings with a total building size of 4,473 square feet. The property is separately metered for gas and electric, is serviced by Individual water heaters, and offers an on-site laundry facility and uncovered parking. 521 Pomelo Avenue is being offered for sale for the first time in almost four decades. 521 Pomelo Avenue boasts an ideal unit mix of one three-bedroom/one-bathroom unit and four three-bedroom/two-bathroom units. Rents are approximately 56% below market; the property is restricted by AB 1482.
Exterior Features

Construction Materials FrameStucco Entry Location Ground Level W/Steps Parking Features Uncovered Parking Total 0 Pool Features None Pool Private YN No Roof Other Spa Features None Spa YN No View None View YN No

Interior Features

Appliances Refrigerator Fireplace Features None Fireplace YN No Heating Wall Furnace Heating YN Yes

Property Features

Association Fee 0 Electric Expense 600 Gross Income 84360 Insurance Expense 2013 Listing Agreement Seller Reserved Listing Service Full Service Maintenance Expense 2250 Net Operating Income 38514 New Construction YN No New Taxes Expense 23886 Other Expense 750 Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 3 Water Sewer Expense 7250 Zoning Mpr3*



Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-08T00:26:55.663. 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 deemed reliable but is not guaranteed accurate by the MLS or The Marelly Group | Sentry Residential. Licensed in the State of California, USA.
 
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The Marelly Group | Sentry Residential
5256 South Mission Rd, Suite 1006
Bonsall CA, 92003
Listing Agent: Priscilla Nee of Cb Richard Ellis, Inc. and Jenny Eng of Cbre