New

$3,195,000

For Sale

7 days ago

218 W Hellman Ave, Monterey Park, CA

Name: 218 W Hellman Ave, For Sale in Monterey Park - eXp Realty
Brand: The Holstein Group
SKU: SB26214190
Price: 3195000 USD

Condo

MLS® SB26214190

0 Bed

0 Bath

18 Parking

Key Facts
Description
Map

Key Facts

Type Apartment

Levels Residential Income

Size -

Garage Yes

HOA Fees

Taxes

Days Active 7

Approx. Age 1965

MLS® Number SB26214190

Property Address: 218 W Hellman Ave, Monterey Park, CA, 91754-1138

Average square foot calculated using Size range provided by listing agent.

Description

Trophy Multifamily Asset in the Heart of Monterey Park First time on the market in over 45 years! This exceptional multifamily investment opportunity is ideally located in the heart of Monterey Park and sits on an oversized approximately 20, 000-square-foot lot. The property offers an attractive unit mix consisting of approximately 80% two-bedroom units and 20% one-bedroom units, providing strong appeal to a broad tenant base. Most units feature private balconies or patios and are SB 721 compliant. Tenant amenities include a beautifully landscaped common area with a BBQ and outdoor seating area, mature gardens, and common-area laundry facilities. Each tenant also benefits from either a single or dual enclosed garage, providing valuable off-street parking and additional storage. The property presents upside income potential through below-market rents and is exempt from the Los Angeles City RSO, with rents subject to applicable California statewide rent-control guidelines. Additional property features include: Separately metered gas and electricity Gated entrance Enclosed garage parking Mature landscaping and garden areas Stable tenancy Approximately 20, 000 SF lot Attractive 80% two-bedroom / 20% one-bedroom unit mix With its long ownership history, desirable unit mix, substantial lot size, garage parking, and potential for rental upside, this is a rare opportunity to acquire a multifamily asset in a market where properties with more than five units trade infrequently. IMPORTANT NOTE: Buyer/agent to verify square footage (lot and units) and all MLS information. Broker and agent do not represent or guarantee accuracy of the square footage, bedroom/bathroom count, lot size or lot lines/dimensions, permitted or unpermitted spaces, school boundary lines or eligibility, rent control, or the information concerning the conditions, or features of the property. Buyer/agent are advised to independently verify the accuracy of all information.

MLS® NumberSB26214190

Locker

Ensuite Laundry

Balcony

Furnished

Laundry Level

Exposure

Exterior

GarageYes

Approx. Age1965

Stories2

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

HeatForced Air

A/C

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Oct 1, 2026List Date

$3,195,000List Price

Commute

Commute

Starting Address

Destination Address

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