1003 E Hellman Avenue Active

Monterey Park,CA 91755

$ 23000000

- Bed

- Bath

47920 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 47,920 sqft

Price per Sqft $479

MLS Listing ID CRCV25017683

HOA Y/N No

Originating Board Datashare California Regional

Year Built 1962

Lot Size 2.187 Acres

Property Sub-Type Other

Property Description

We are proud to present an exceptional opportunity to acquire 68 units that consists of three contiguous parcels located at 1003 E Hellman Avenue, 1013 E Hellman Avenue, and 1025 E Hellman Avenue in the city of Monterey Park. This vibrant location positions your investment at the heart of it all. The properties are situated on the south-west corner of North New Avenue and East Hellman and are within minutes away from a plethora of diverse restaurants, shopping centers, entertainment attractions and Cal State University Los Angeles. Situated on a large 2.18-acre lot, the property is strategically located next to Mark Keppel High School in an area with the highest Asian population density in the United States. Built in 1949, 1959 and 1962 the properties are well-maintained situated on ±95,282 square feet of land and a total building size of ±47,920 square feet. The properties consist of a unit mix of one-bed/one-bathroom and two-bed/one-bathroom units averaging 713 square feet per unit. The smoke free units feature wall air conditioning and heating, wall-to-wall carpeting, vertical blinds, high-speed internet, balconies, secured screen doors, and kitchens with refrigerators, oven-range and disposals. The building features on-site laundry facilities, mature landscaping, secured ga

Location

State CA

County Los Angeles

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Laundry Other

Building

Water Public

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