Looking for a great starter income producing property that is low maintenances, has an upside, and can allow you to live in one and rent the other? Well, this is it, the ideal rental, something manageable, some updates needed but has great bones, and located in a great neighborhood just on the the outskirts of LA. The current tenants are long term and friendly, they're paying on time and in full! One open unit available for you to move in or start at market rent. This property is not under "city" rent control so you're not conformed to LA Housing rules. 2 units fully rented out and the 3rd one is yours to do what you'd like to it. Monterey Park is such a great community, located in a great part of town near tons of eateries and public transportation, and about 5-10 to downtown LA. Must see to appreciate.
Multi-familyProperty Type
1949Year Built
6,089 sq ftLot Size
$571Est. Price/Sq.Ft.
2 car garageParking
Listed by MAY KUNKA•DRE #01782069• Compass
Bought with JESUS LEYVA•DRE #01022972• FIRST HOME BROKERS
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
3
Baths
2
Stories
—
Lot width
—
Lot depth
—
Lot size
6,091 Sq. Ft.
Year renovated
1950
Sq. Ft.
1,617
Year built
1949
Style
Multi-Family (2-4 Unit)
County
Los Angeles County
APN
5273018008
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 2, 2026.
R-2
Medium-Density Residential Zone
This zone allows for medium density residential housing either as attached or detached multiple-family units. The permitted density is 0 to 16 units per acre.
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Housing-Multiple units
Public service
Educational/school
Park & open space
Sep 21, 2021 • Final
Residential building alteration-repair
Roofing
May 23, 2014 • Final
Residential building addition
Bathroom
Electrical
Plumbing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking / Garage Information
# of Garage Spaces: 2
# of Parking Spaces: 2
Interior
Laundry Information
Has Laundry
Inside
Unit Type 1 Information
Unit Key Numeric: 10725621
Listing Key Numeric: 365215550
Actual Rent: $1,500
Total # of Baths: 1
Total # of Beds: 2
# of Garage Spaces: 2
Furnished: Unfurnished
Total Rent: $1,800
Total # of Units: 1
Unit Type 2 Information
Unit Key Numeric: 10725622
Listing Key Numeric: 365215550
Total # of Baths: 1
Furnished: Unfurnished
Total # of Beds: 1
Total # of Units: 1
Unit Type 3 Information
Listing Key Numeric: 365215550
Unit Key Numeric: 10725623
Actual Rent: $660
Total # of Baths: 1
Furnished: Unfurnished
Total Rent: $7,920
Total # of Units: 1
Expenses
Trash: $1,200
Total: $12,637.50
Insurance: $1,200
Water Sewer: $1,800
New Taxes: $8,437.50
Multi-Unit Information
Net Operating Income: $33,662.50
Average 3 Bed Area Units: Sq. Ft.
Average 2 Bed Area Units: Sq. Ft.
Average 1 Bed Area Units: Sq. Ft.
Sq. Ft.
Total Building Area: 1,617
Gross Scheduled Income: $46,320
Gross Income: $46,320
# Of Separate Water Meters: 1
# Of Separate Gas Meters: 3
# Of Separate Electric Meters: 3
# Of Buildings: 2
Exterior
Exterior Features
Pool Features: None
Lot Information
Elevation Units: Feet
Lot Size Source: Assessor's Data
Lot Features: Front Yard
Property Information
Total # of Units: 3
Common Walls: 1 common wall
Parcel Number: 5273018008
Attached Property
Year Built Source: Assessor
Financial
Lease / Rental Details
Operating Expense: $12,657.50
Tenant Pays: Electricity, Gas
Utilities
Utilities Information
Sewer: Public Sewer
Water Source: District/Public
Location
Neighborhood Information
Community Features: Sidewalks
Location Information
Latitude: 34.03650600
Longitude: -118.13290400
Directions: Off of W Riggin between Atlantic Blvd and Garfield Ave
Zoning: MPR2*
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 1,617
Stories: —
Lot Size: 6,091 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1949
Year Renovated: 1950
County: Los Angeles County
APN: 5273018008
Home facts updated by county records on Sep 2, 2026
Other
Listing Information
Days Active in MLS: 52
Continuous Days Active in MLS: 52
Listing Agent Information
List Agent First Name: MAY
List Agent Last Name: KUNKA
Listing Office Information
List Office Name: Compass-Pasadena
Selling Agent Information
Buyer Agent First Name: JESUS
Buyer Agent Last Name: LEYVA
Selling Office Information
Buyer Office Name: FIRST HOME BROKERS
Around this home
Schools
Bella Vista Elementary School
Public K-5 • Assigned • 0.3mi
5/10
Macy Intermediate School
Public 6-8 • Assigned • 0.5mi
7/10
Schurr High School
Public 9-12 • Assigned • 0.9mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 98° expected this year, 21 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
6/10 Air Factor
9 unhealthy days expected this year, 10 days in 30 years
Provided by First Street
Historical weather
Monterey Park, CA • 91754
Average low and high temperatures (°F)
70
49
71
52
74
54
73
54
76
58
79
62
84
64
88
66
84
66
80
59
72
53
70
51
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.7 hours in
June and 6.8 hours in December, placing it above the
U.S. average for solar exposure.
9.7 hrs
6.8 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$877,000 – $1.06M
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