425 N Rural Drive
Monterey Park, CA, 91755 $ 2,430,000
Baths1.0 Sq 3,572 Monthly Estimate*
$ 15,160
Listed by RE/MAX ELITE REALTY
Studio for $2,430,000 with 1 full bath. This 3,572 square foot home was built in 1929 on a lot size of 0.2091.
Wow, A Wonderful Multiple Units + ADU in the Center of Monterey Park! The gated property with the Zoning of MPR3* , spanning a huge lot of 9,110 SqFt and a generous living area of 3,572 SqFt, provides an excellent opportunity for an investor and/or as an owner with unbeatable income. The Front Unit on the second floor with an external staircase, offers 3 decent sized bedrooms and 1 bathrooms, a spacious living room open to a dining room, a kitchen, and two car garage on the first floor. The Middle Unit boasts 4 bedrooms and 3 bathrooms, featuring an open floor plan, a large living room connected to the dining area, kitchen with granite countertops, stainless appliances, pantry family room, and its private gardening yard. The Back Unit is the newly completed ADU on the rear, a suite with its private bathroom, and 2 bedrooms sharing a full bathroom, two car garage. The property provides 3 separate electric meters, 3 gas meters, and 3 post boxes, each unit with its laundry, central air conditioning, wall unit ac, tankless water heaters, and solar panels for ADU. More features including upgraded bathrooms, remodeled kitchens, upgraded hardwood and tile flooring, recessed lights, dual pane windows, cement ground on back and side yard easy to maintain, beautiful front yard garden, and more parking spaces on the front yard and the corner street. Prime location, walking distance to top rated Mark Keppel High School, with all the conveniences to school, public transportation, markets, and numerous gourmet restaurants. Easy access to the I- 10 and 710 freeways, enjoy the dynamic of DTLA, Monterey Park, Alhambra, and the best gourmet foods for you to choose. Minutes’ drive to AMC theater at Atlantic Square, close to Sierra Vista Park, TS Emporium, 99 Ranch Market, bus stations, and medical facilities. Take your chance to make this spectacular Monterey Park property your new home or investment to collect for rent! It won’t last!
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FeaturesGeneralSewer Public Sewer
Heating Central
Cooling Central Air Wall/Window Unit(s)
Utilities Electricity Available Phone Available
Roof Shingle
Appliances Gas Range Tankless Water Heater
Zoning MPR3*
HOA Fee 0
Garage Spaces 2
Architectural Style Contemporary
Pool Features None
Security Features Security Gate
Year Built 1929
Tenant Pays All Utilities Electricity Gas Trash Collection Water
Property Subtype Triplex
Gross Income 168000
Community Features Sidewalks
County Los Angeles
Net Operating Income 125271
Operating Expense 36329
Insurance Expense 5400
New Construction 0
Property Type Residential Income
HOA 0
Energy Efficient Appliances Insulation Lighting
MaintenanceExpense 5000
Garage Y/N 1
Green Energy Generation Solar
Special Listing Conditions Standard
Status Active
Directions South of Hellman Ave East of Garfield Ave.
City Monterey Park
Entry Location 1
Senior Community Y/N 0
Number Of Units Total 3
MLS Area 641 - Monterey Park
Lot Size Units Square Feet
Lot Size Square Feet 9110
Number of Units Leased 0
Listing Terms Cash Cash to Existing Loan Cash to New Loan Conventional 1031 Exchange
Property Attached Y/N 0
Land Lease Y/N 0
Electric Expense 0
Fuel Expense 0
Property Condition Turnkey
Trash Expense 0
Water Sewer Expense 400
Additional Parcels Y/N 0
Rent Control Y/N 0
Building Area Units Square Feet
Standard Status Active
Year Built Source Appraiser
Tax Lot 24
Total Actual Rent 12500
Property Sub Type Additional Triplex
Taxes 30529
Cap Rate 5.2
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InteriorInterior Amenities Ceiling Fan(s) High Ceilings Pantry Quartz Counters Recessed Lighting All Bedrooms Down Bedroom on Main Level Main Level Primary Primary Suite Walk-In Pantry Walk-In Closet(s)
Flooring Laminate Tile Vinyl Wood
Fireplace Features None
Total Stories 1
Common Walls No Common Walls
Air Conditioning Y/N 1
Heating Y/N 1
Window Features Double Pane Windows
Fireplace Y/N 0
Laundry Features Laundry Room
Entry Level 1
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ExteriorFencing Block
Parking Features Concrete Driveway Garage
Lot Features Paved Rectangular Lot
Water Source Public
Total Parking 7
Lot Size Area 9110
Number of Buildings 3
Building Area Total 3572
Lot Size Acres 0.2091
Private Pool 0
Lot Size Source Assessor
Number of Separate Water Meters 3
Number of Separate Gas Meters 3
Number of Separate Electric Meters 3
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* Excluded FeaturesList ByRe/Max Elite RealtyBroker
gloriaxiaoteam@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $15,160
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Monterey Park, CA
Average List Price $2,214,133
Percent of Sale Price 9%
About Monterey Park, CA 61,934 Population
3% Since 2002
$ 56,710 Median Income
43.9 Median Age
26% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/20/2025 | $2,430,000 | | Listed Price |