$1,200,000
-$50,000829 Hershey Avenue, Monterey Park CA 91755
Multi-Family (4 Units)
Property type
381 days
On market
$516
Price per sqft
0 cars
Garage
1915
Year built
7,284 sqft
Lot size
Open Houses
Overview
Prime location in a desirable part of Monterey Park. Rare Investment Opportunity. Single Story 4 units Home with Safety Fire Sprinkler System. All units in excellent condition. Newly Upgraded Kitchen with Quartz Counter Top. Dual Pane Windows. Laminated Wood Floors. Security Gated Side Entry. Coin operated laundry facilities on site, all units include a refrigerator and 2 mini...
Listing provided by: Yingli Thurston DRE #01836030, Frontier Realty
Listing updated: Apr 30, 2026 at 02:34am.
Last checked: Jun 13, 2026 at 12:31am
Source: CRMLS #TR25121298
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 2 | 2 | 1 | — | $2,100 | $2,100 | $2,300 | Unfurnished |
| 1 | 2 | 2 | — | $2,450 | $2,450 | $2,600 | Unfurnished |
| 1 | 1 | 1 | — | $1,800 | $1,800 | $2,000 | Unfurnished |
# of Buildings: 1
# of Units Total: 4
Separate Electric Meters: 1
Separate Gas Meters: 1
Separate Water Meters: 1
Rent Control: No
Financial Snapshot
Gross Rent Multiplier
11.6x
List Price / Annual Gross Rent
Cap Rate
6.57%
NOI / List Price
Gross Scheduled Income: $103,800
Operating Expense: $25,020
Net Operating Income: $78,780
Annual Operating Expenses
Electric: $4,200
Fuel: $1,200
Insurance: $1,500
Trash: $720
Water / Sewer: $2,400
Other Expense: $15,000
Interior
Laundry: Common Area
Entry Location: Ground Level W, Steps
Exterior
Property Attached: Yes
Stories Total: 1
Levels: One
Common Walls: Two Common Walls Or More, No One Above
Lot Features: Level
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Garage Spaces: 0
Parking Total: 0
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 5258013014
Additional Parcels: No
Tax Lot: 12
Zoning: MPR2YY
Community
Senior Community: No
Community Features: Biking, Curbs