Monterey Park Homes with Apartment Subtype

Welcome to Monterey Park, California – a vibrant city nestled in the heart of Los Angeles County. Known for its rich cultural diversity and thriving community, Monterey Park offers a unique blend of urban convenience and suburban charm. With its warm climate, beautiful parks, and a plethora of dining options, it’s no wonder that this city is a sought-after destination for families, young professionals, and retirees alike.

Monterey Park boasts an impressive array of homes, including a variety of apartment subtypes that cater to different lifestyles and budgets. Whether you’re seeking a cozy studio or a spacious multi-bedroom unit, the apartment options here are designed to meet your needs. Many of these homes feature modern amenities, open floor plans, and access to community facilities such as pools, fitness centers, and landscaped gardens.

Living in Monterey Park means you’ll enjoy easy access to major freeways, making your commute to downtown Los Angeles or other surrounding areas a breeze. The city is also home to top-notch schools, making it an ideal place for families. Additionally, the rich cultural tapestry of Monterey Park is reflected in its numerous festivals, community events, and a wide array of international cuisine, ensuring that there’s always something exciting happening just around the corner.

Experience the charm of Monterey Park, where your dream apartment awaits. Discover the perfect place to call home in this dynamic city, where community spirit and convenience come together in perfect harmony.

Newest Monterey Park 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. IMPORTANT NOTE: Buyer/agent to verify square footage (lot and units) and all MLS information. Broker and agent do not represent or guarantee accuracy of the square footage, bedroom/bathroom count, lot size or lot lines/dimensions, permitted or unpermitted spaces, school boundary lines or eligibility, rent control, or the information concerning the conditions, or features of the property. Buyer/agent are advised to independently verify the accuracy of all information.

218 W Hellman, Monterey Park

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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.