109 E Hammel, Monterey Park, CA 91755
- $1,805,000
- Sold Price
- $1,805,000
- List Price
- $1,975,000
- Closing Date
- Feb 20, 2026
- Status
- CLOSED
- MLS#
- AR25226216
- Year Built
- 1959
- Lot Size
- 10,137
- Acres
- 0.23
- Lot Location
- Item610UnitsAcre
- Days on Market
- 85
- Property Type
- Multifamily
- Property Sub Type
- Apartment
Property Description
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.
Additional Information
- Pool Description
- None
- Garage Spaces Total
- 9
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 8
- Gross Scheduled Income
- $109,080
- Operating Expense
- 46599
Listing courtesy of Listing Agent: Donald La (DONALD@DONALDLAREALTY.COM) from Listing Office: EXP REALTY.
Listing sold by LORNA LEE from K & D CONSULTANT INC.
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