216 Graves Avenue, Monterey Park, CA 91755

$1,395,000
8
BD
4
BA
List Price
$1,395,000

Property Description

Legacy asset, kept within the same family for over 50 years, first time on the market. Rare opportunity to acquire two (2) single story duplexes on a large lot in highly sought after North-Central Monterey Park. Excellent pro forma investment metrics for the area: gross rental income $100,800, cap rate 5.19%, GRM 13.84. All 4 Units are 2 bedroom/ 1 bath. Each unit has a front and rear entrance, washer/dryer hookups, and larger oversized windows for a more natural living room lighting, creating a nice atmo

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Last Updated: Source: Sandicor Regional MLS

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