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Jace Coleman

jacecoleman@yahoo.com +1(619) 991-5223

$ 1,598,000

Est. payment | -/mo

5 Beds

4.5 Baths

3,131 SqFt

Save

$ 1,598,000

Est. payment | -/mo

Save

5 Beds

4.5 Baths

3,131 SqFt

Open House

Sun Sep 21, 1:00pm - 4:00pm

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 3,131 sqft

Price per Sqft $510

MLS Listing ID WS25218416

Bedrooms 5

Full Baths 4

Half Baths 1

Year Built 2005

Property Sub-Type Detached

Property Description

Custom-Built Luxury Home Perfect for Investment or Owner-Occupancy, Dont Miss Out! Prime Monterey Park Location This high-quality, custom-built luxury residence, constructed in 2005, offers 4 bedrooms, 5 bathrooms, and 3,130 sq ft of living space on a generous 7,200 sq ft lot. Features a detached oversized garage (over 600 sq ft), ideal for a low-cost ADU conversion! Elegant French Double Doors open to a grand, soaring foyer with a stunning spiral staircase, exuding luxury and sophistication. The main level boasts a spacious primary suite, while the upper level includes two en-suite bedrooms plus a versatile loft space.Low Property Taxes, No HOA Fees Exceptional holding costs make this an outstanding choice for both investors and homeowners. Meticulously Renovated by the Seller with Premium Upgrades Featuring a brand-new luxurious interior, this property is currently operating as a successful short-term rental (STR) with stable income. Over the past six months, average rental income has exceeded $12,000/month, with financials available upon request and consistent growth potential. Post-sale, the seller is willing to offer a high-rent lease-back arrangement.Motivated Seller! Due to business liquidity needs, the seller is reluctantly letting this property go at a $150,000 loss a rare opportunity for a quick sale!

Location

State CA

County Los Angeles

Direction North MC Pherrin crossing Avondale Ave

Interior

Interior Features Balcony, Pantry

Cooling Central Forced Air, Dual

Fireplace No

Appliance Dishwasher, Microwave, Electric Oven

Laundry Gas

Exterior

Parking Features Garage

Garage Spaces 2.0

View Y/N Yes

Water Access Desc Public

Accessibility No Interior Steps

Building

Story 2

Sewer Public Sewer

Water Public

Level or Stories 2

Others

Tax ID 5256014039

Special Listing Condition Standard

Listed by Qingde Liu Mayland Realty

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Jace Coleman

Partner | Lic# DRE# 01133184

jacecoleman@yahoo.com

+1(619) 991-5223

7183 Navajo Road Suite C, Diego, CA, 92119

218 North MC Pherrin Avenue North Monterey Park, CA 91754

Jace Coleman

Open House

Key Details

Location

Interior

Exterior

Building

Others

GET MORE INFORMATION

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218 North MC Pherrin Avenue North