7 unit property in the heart of Monterey Park! Property is comprised of a 3 bedroom/2 bath single family home and six units with 1 bedroom / 1 bath totaling 4,800 SF. Separate meters for gas and electricity, and individual water heaters for each unit. 6 carport spaces and 1 single car garage. Property sits on a spacious 17,166 lot with R3 zoning. Easy access to shops, markets, restaurants, 10 fwy and 60 fwy.
Sold for $1,949,000 on 01/22/25
Listing Provided by:
CRYSTAL YOUNG DRE #01783560 626-863-2221,
Resound Properties
$1,949,000
511 N Nicholson Ave, Monterey Park, CA 91755
--beds
--baths
4,800sqft
Multi Family
Built in 1956
-- sqft lot
$1,915,500 Zestimate®
$406/sqft
$-- Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: January 24, 2025 at 05:42am
Listing Provided by:
CRYSTAL YOUNG DRE #01783560 626-863-2221,
Resound Properties
Bought with:
PETER LUI, DRE #00715284
KENT REALTY & INVESTMENT
Source: CRMLS,MLS#: WS24211005
Originating MLS: California Regional MLS

Facts & features
Interior
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Gas Oven, Gas Range, Water Heater
- Laundry: None
Features
- Flooring: Laminate, Tile
- Windows: Screens
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls,No One Above,No One Below
Interior area
- Total structure area: 4,800
- Total interior livable area: 4,800 sqft
Property
Parking
- Total spaces: 7
- Parking features: Carport, Garage
- Garage spaces: 1
- Carport spaces: 6
- Covered spaces: 7
Accessibility
- Accessibility features: None
Features
- Levels: One,Two
- Stories: 1
- Entry location: 1
- Pool features: None
- Spa features: None
- Fencing: None
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 0.39 Acres
- Features: Front Yard, Landscaped
Details
- Parcel number: 5255015002
- 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: 1956
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Connected, Sewer Connected, Water Connected
Community & neighborhood
Community
- Community features: Street Lights, Sidewalks
Location
- Region: Monterey Park
HOA & financial
Other financial information
- Total actual rent: 8059
Other
Other facts
- Listing terms: Cash,Conventional
- Road surface type: Paved
Services availability
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,915,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,915,500