216 Graves Avenue, Monterey Park, CA 91755

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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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Courtesy of Keller Williams Beach Cities, John J Mociak. Selling Office: KW Executive.

Last Updated: Source: Sandicor Regional MLS

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange(c) Program of SANDICOR Regional MLS. Real estate listings held by brokerage firms other than the listing office named includes the name of the listing brokers. Information is believed to be reliable, but not guaranteed.