Leave a Message

Thank you for your message. We will be in touch with you shortly.

218 North MC Pherrin Avenue N
Listed by Qingde Liu with Mayland Realty (909) 529-88
$1,620,000

218 North MC Pherrin Avenue N

5 Beds 5 Baths 3,131 Sq.Ft. 7,207 Sq.Ft.

Description

Custom-Built Luxury Home - Perfect for Investment or Owner-Occupancy, Don't Miss Out!
Prime Monterey Park Location - This high-quality, custom-built luxury residence, constructed in 2005, offers 4 bedrooms, 5 bathrooms, and 3,130 sq ft of living space on a generous 7,200 sq ft lot. Features a detached oversized garage (over 600 sq ft), ideal for a low-cost ADU conversion! Elegant French Double Doors open to a grand, soaring foyer with a stunning spiral staircase, exuding luxury and sophistication. The main level boasts a spacious primary suite, while the upper level includes two en-suite bedrooms plus a versatile loft space.Low Property Taxes, No HOA Fees - Exceptional holding costs make this an outstanding choice for both investors and homeowners.
Meticulously Renovated by the Seller with Premium Upgrades - Featuring a brand-new luxurious interior, this property is currently operating as a successful short-term rental (STR) with stable income. Over the past six months, average rental income has exceeded $12,000/month, with financials available upon request and consistent growth potential. Post-sale, the seller is willing to offer a high-rent lease-back arrangement.Motivated Seller! Due to business liquidity needs, the seller is reluctantly letting this property go at a $150,000 loss - a rare opportunity for a quick sale!

Share Property

Location

218 North MC Pherrin Avenue N, Monterey Park, CA 91754

Status

Sold
Jacky Qingde Liu

Jacky Qingde Liu

TITLE

Broker

LICENSE

02088590

Property Amenities

Interior
Laundry room Gas Dryer Hookup, Inside, Laundry Room
Fireplace None
Appliances Built-In Range, Dishwasher, Electric Oven, Gas Water Heater, Microwave
Total Bedrooms: 5
Half Bathrooms: 1
Full Bathrooms: 4
Other Interior Features Balcony, High Ceilings, Pantry, Loft, Main Level Primary, Multiple Primary Suites, Walk-In Pantry, Walk-In Closet(s)
Area & Lot
Lot Area 7,207 Sq.Ft.
Living area 3,131 Sq.Ft.
MLS® ID WS25218416
Year Built 2005
School District Alhambra
High School Mark Keppe
View Description None
Type Residential
Status Sold
Exterior
Stories 2
Pool None
Air conditioning Central Air, Dual
Disability Features No Stairs
Water Source Public
Garage Space 2.0
Sewer Public Sewer
Parking Concrete, Driveway, Garage Faces Front, Garage
Lot Features 2-5 Units/Acre
Finance
Sales Price $1,620,000

Partner With

At Mayland Realty, we’re committed to delivering a smarter, more strategic real estate experience. Whether you're buying, selling, or investing, our local expertise and personalized guidance help ensure every decision is the right one. Let’s make your next move a success.