218 North MC Pherrin Avenue N

Monterey Park , CA 91754

MLS#: WS25218416

$1,598,000

Status: Active
Listing number: WS25218416
Listing provided by: Mayland Realty
Listing agent phone: None
Last update: a day ago
New on site 3 days ago
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Property

Beds

5

Full Baths

4

1/2 Baths

1

Year Built

2005

Sq.Footage

3,131

Custom-Built Luxury Home – Perfect for Investment or Owner-Occupancy, Don’t 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!

Features & Amenities

Interior

  • Other Interior Features

    High Ceilings, Pantry, Walk-In Closet(s), Master Downstairs

  • Total Bedrooms

    5

  • Bathrooms

    4

  • 1/2 Bathrooms

    1

  • Cooling YN

    YES

  • Cooling

    Central Air, Dual

  • Fireplace YN

    NO

  • Main Level Bedrooms

    1

  • Pet friendly

    N/A

Exterior

  • Garage

    Yes

  • Garage spaces

    2

  • Other Exterior Features

    Balcony

  • Parking

    Concrete, Driveway, Garage Faces Front, Garage

  • Pool

    Yes

  • Pool Features

    None

  • View

    None

Area & Lot

  • Lot Size(acres)

    0.1654

  • Property Type

    Residential

  • Property Sub Type

    Single Family Residence

Price

  • Sales Price

    $1,598,000

  • Sq. Footage

    3, 131

  • Price/SqFt

    $510

HOA

  • Association

    NO

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    Mark Keppe

Property Features

  • Stories

    2

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    7207

  • Water Source

    Public

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Location

County

Los Angeles

Elementary School

Middle School

High School

Mark Keppe

Listing Courtesy of Qingde Liu , Mayland Realty

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Custom-Built Luxury Home – Perfect for Investment or Owner-Occupancy, Don’t 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!

218 North MC Pherrin Avenue N

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