Fantastic Investment Opportunity! This unique 5-unit apartment building in the heart of Monterey Park presents a remarkable chance for savvy investors. The property features a newly remodeled, vacant 2-bedroom, 2-bath front unit, ideal for owner occupancy, along with four reliable, rented 1-bedroom, 1-bath units.
The layout includes one 450 sq. ft. unit and three additional units at 750 sq. ft. each. The spacious front unit offers 1,365 sq. ft. Each apartment is equipped with its own electric panel and gas meter. While one unit boasts central A/C and heating, the others are fitted with window A/C units and wall furnaces.
The property provides eight assigned carport parking spaces, secured by an electric gate, and features a common laundry area with two metered washers and dryers for added income. It’s efficiently managed and well-maintained, with the owner covering water, gardening, trash, and common area electricity costs.
Conveniently located between Garfield and Garvey Avenues, the building is close to HK Supermarket, ABC Café, Bank of America, TS Emporium Herbs Store, Sun Medical Center, and Garfield Medical Center, with easy access to the 10 and 60 freeways. Don’t miss this incredible investment potential!
Sold for $1,650,000 on 01/30/25
Listing Provided by:
Vincent Yan DRE #00977818 626-512-8333,
Berkshire Hathaway HomeServices California Properties
$1,650,000
212 N Baltimore Ave, Monterey Park, CA 91754
--beds
--baths
4,065sqft
Multi Family
Built in 1964
-- sqft lot
$1,622,000 Zestimate®
$406/sqft
$-- Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: January 30, 2025 at 06:08pm
Listing Provided by:
Vincent Yan DRE #00977818 626-512-8333,
Berkshire Hathaway HomeServices California Properties
Bought with:
YAN CUI, DRE #01327067
GRANDMARK REALTY INC.
Source: CRMLS,MLS#: TR24243593
Originating MLS: California Regional MLS

Facts & features
Interior
Heating
- Central, Wall Furnace
Cooling
- Central Air, Wall/Window Unit(s)
Appliances
- Included: Dryer, Washer
- Laundry: Common Area, Outside
Features
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 4,065
- Total interior livable area: 4,065 sqft
Property
Parking
- Total spaces: 8
- Parking features: Assigned
- Carport spaces: 8
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: None
Lot
- Size: 6,661 sqft
- Features: Front Yard, Rectangular Lot
Details
- Parcel number: 5255006012
- Zoning: MPR3YY
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1964
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Curbs, Street Lights, Sidewalks, Urban
Location
- Region: Monterey Park
Other
Other facts
- Listing terms: Cash to Existing Loan
Services availability
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Estimated market value
$1,622,000