109 E Hammel Monterey Park, CA ^$ 1,975,000

109 E Hammel

^$ 1,975,000

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109 E Hammel

Monterey Park, CA, 91755

^$ 1,975,000

Studio Baths2.0 Sq 5,662

Monthly Estimate*

^$ 12,321

Listed by EXP REALTY

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Studio

Multi-Family Home for sale in Monterey Park, CA

for $1,975,000 with 2 full baths. This 5,662 square foot home was built in 1959 on a lot size of 0.2327.

First time on the market in 62 years! Rare opportunity to acquire an 8-unit multifamily property located in the highly desirable city of Monterey Park, California. Available for the first time since 1963, the property features consistent tenant demand and long-term ownership pride. The building consists of one (2-bedroom / 2-bath) unit and seven (1-bedroom / 1-bath) units. The property has been meticulously maintained and offers a reliable income stream with significant long-term upside potential. All units and separately metered for electricity and gas. Individual laundry room for added convenience. Easy access to 60 FWY, 0.6 miles to Elder Park, 0.6 miles to Topgolf Montebello, 1.9 miles to Costco Wholesale.

Multi-Family Active

Price

^$ 1,975,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.2327

Year Built

1959

Town/City

Monterey Park

County/Region

Los Angeles

MLS | Web ID

AR25226216

Days on Market

Features

General

Sewer Public Sewer

Garage Spaces 9

Pool Features None

Year Built 1959

Property Subtype Apartment

Gross Income 109080

Community Features Urban

County Los Angeles

Net Operating Income 62481

Operating Expense 46599

Insurance Expense 7920

New Construction 0

Property Type Residential Income

Garage Y/N 1

Special Listing Conditions Standard

Status Active

Directions 109 E Hammel St Monterey Park CA 91755

City Monterey Park

Entry Location 1

Senior Community Y/N 0

Number Of Units Total 8

MLS Area 641 - Monterey Park

Lot Size Units Square Feet

Lot Size Square Feet 10137

Listing Terms Cash Cash to New Loan

Property Attached Y/N 1

Land Lease Y/N 0

Electric Expense 480

Fuel Expense 480

Trash Expense 3000

Water Sewer Expense 4800

Additional Parcels Y/N 0

Rent Control Y/N 1

Building Area Units Square Feet

Standard Status Active

Year Built Source Public Records

Tax Lot 193

Property Sub Type Additional Apartment

Interior

Total Stories 2

Common Walls 2+ Common Walls

Laundry Features Laundry Room

Entry Level 1

Exterior

Lot Features 6-10 Units/Acre

Water Source Public

Total Parking 9

Lot Size Area 10137

Number of Buildings 1

Building Area Total 5662

Lot Size Acres 0.2327

Private Pool 0

Lot Size Source Public Records

Number of Separate Water Meters 1

Number of Separate Gas Meters 9

Number of Separate Electric Meters 9

* Excluded Features

List By

Exp Realty

Broker

DONALD@DONALDLAREALTY.COM

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$12,321

Per Month

Monthly Principal & Interest: $12,321
Monthly Property Taxes: --
Monthly Home Insurance: --

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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.

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Nearby

Trends
Schools

Multi-family listings in Monterey Park, CA

Average List Price ^$2,214,133

Percent of Sale Price 12%

About Monterey Park, CA

61,934 Population

3% Since 2002

^$56,710 Median Income

43.9 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/20/2025	$1,975,000		Listed Price

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109 E Hammel, Monterey Park, CA, 91755 is a Multi-Family Home for sale at $1,975,000 with 5,662 sqft and a lot size of 0.2327. 109 E Hammel is a studio with 2.0 baths and was built in 1959. The property's zip code is 91755 which is in Monterey Park, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 12/19/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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109 E Hammel

Multi-Family Home for sale in Monterey Park, CA

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