$20,500,000
Est. payment /mo
47,920 SqFt
Active
1003 E Hellman Avenue Monterey Park, CA 91755
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Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 47,920 sqft
Price per Sqft $427
MLS Listing ID CRCV25017683
HOA Y/N No
Year Built 1962
Lot Size 2.187 Acres
Acres 2.19
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
Zoning MPR3
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Laundry Other
Building
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 5258010036
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Listed by Eric Chen • CB RICHARD ELLIS
A FEW WORDS FROM PAST CLIENTS
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Mike & Jules Guzzardo Team With Jenny Biczkow
Realtor | r01066846,01955798,02086289