216 E Graves, Monterey Park, CA 91755

Monterey Park
Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
216 E Graves,Monterey Park, CA 91755
$1,880,000
  • - Beds
  • - Baths
  • 3,344 sq. ft.
  • Multi-family
  • Active
Listed by: yin zhen li
Office: exp realty of southern california, inc.951-522-6554
MLS#:WS26082158
Source:CRMLS

Price summary

  • Price:$1,880,000
  • Price per sq. ft.:$562.2

About this home

Introducing a rare, turnkey investment opportunity in the heart of Monterey Park, one of the most sought after rental markets in the San Gabriel Valley known for strong tenant demand, central location, and long term appreciation. This well maintained 4-unit income property features updated units, allowing investors to step into immediate, stabilized cash flow without the typical renovation risk or capital expenditure. Offering a 5.35% cap rate, this asset is ideal for buyers seeking both reliable income today and long term upside in a high demand submarket. Positioned centrally, the property benefits from proximity to major employment hubs, retail corridors, and convenient freeway access, consistently driving strong rental demand and minimizing vacancy. Monterey Park continues to outperform as a rental market due to its accessibility to Downtown LA and surrounding job centers. Each unit has been thoughtfully updated, appealing to quality tenants and supporting premium rental...

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Home facts

  • Year built:1954
  • Listing ID #:WS26082158
  • Added:8 day(s) ago
  • Updated:May 09, 2026 at 01:23 PM

Rooms and interior

  • Living area:3,344 sq. ft.

Structure and exterior

  • Year built:1954
  • Building area:3,344 sq. ft.
  • Lot area:0.29 Acres
  • Lot Features:Rectangular Lot

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,880,000
  • Price per sq. ft.:$562.2

Features and amenities

  • Laundry features:Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup

Parking

  • Total parking spaces:4
  • Garage:Yes
  • Garage spaces:4
Based on information from California Regional Multiple Listing Service, Inc. as of May 9, 2026 . 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. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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