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112 N Chandler Avenue

Monterey Park, CA 91754
  • $4,000,000
  • STATUS: Active
  • ON SITE: 148 Days
  • ID#: WS24069860
UPDATED: 35 min ago
$4,000,000
  • 0
    BEDS
  • 0.46
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1986
County:

School Ratings & Info

Listing Agent(s): Hsin Hsu of Pinnacle Real Estate Group (626-888-9808) and William Wei of ()


Description

***PRIME LOCATION: This gem of a mixed-use commercial building is in the heart of Monterey Park. ***CONVENIENCES: Easy access to 10 fwy, 60 fwy and 710 fwy. ***HUGE POTENTIAL: Abundant space for building area (7,376 sqft) on a huge rectangular lot (20,118 sqft). ***RECENT UPGRADE: Fresh paints and new roofs with no hassle of maintenance. ***INVESTMENT HIGHLIGHTS: 100% Leased. 7 units but fully occupied by 5 long-existing tenants with no worry of stable income.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-09-15T16:29:50.267. 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 Ramos Group | Keller Williams High Desert. Licensed in the State of California, USA.
www.carminsellshomes.com/homes/149435248
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112 N Chandler Avenue Monterey Park, CA 91754

  • Price: $4,000,000
  • Status: Active
  • On Site: 148 Days
  • Updated: 35 min ago
  • ID#: WS24069860
0
Beds
0
Baths
0
½ Baths
0.46
Acres
1986
Built
Neighborhood:
641 - Monterey Park
County:
Los Angeles
Area:
641 - Monterey Park
Property Description
***PRIME LOCATION: This gem of a mixed-use commercial building is in the heart of Monterey Park. ***CONVENIENCES: Easy access to 10 fwy, 60 fwy and 710 fwy. ***HUGE POTENTIAL: Abundant space for building area (7,376 sqft) on a huge rectangular lot (20,118 sqft). ***RECENT UPGRADE: Fresh paints and new roofs with no hassle of maintenance. ***INVESTMENT HIGHLIGHTS: 100% Leased. 7 units but fully occupied by 5 long-existing tenants with no worry of stable income.
Exterior Features

Entry Level 1 Fencing None Lot Features 6-10 Units/AcreRectangular Lot

Interior Features

Cooling Central Air Cooling YN Yes Heating Central Heating YN Yes

Property Features

Additional Parcels YN No Anchors Co Tenants 5 Building Name T & T Plaza Cap Rate 2.89 Common Interest None Current Financing None Electric Expense 600 Gross Scheduled Income 153840 Insurance Expense 5043 Land Lease YN No Laundry Features None Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 115768 Number Of Units Leased 7 Operating Expense 12311 Other Expense 1200 Property Sub Type Mixed Use Special Listing Conditions Standard Tax Annual Amount 29129.41 Water Sewer Expense 2100 Water Source Public Zoning MPR3



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-09-15T16:29:50.267. 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 Ramos Group | Keller Williams High Desert. Licensed in the State of California, USA.
 
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The Ramos Group | Keller Williams High Desert
12530 Hesparia Rd Suite 101
Victorville CA, 92395
Listing Agent(s): Hsin Hsu of Pinnacle Real Estate Group (626-888-9808) and William Wei of ()