218 North Mc Pherrin Avenue North, Monterey Park, CA 91754
Local realty services provided by:ERA North Orange County Real Estate
218 North Mc Pherrin Avenue North,Monterey Park, CA 91754
$1,598,000
- 5 Beds
- 5 Baths
- 3,131 sq. ft.
- Single family
- Pending
Listed by:qingde liu
Office:mayland realty
MLS#:WS25218416
Source:San Diego MLS via CRMLS
Price summary
- Price:$1,598,000
- Price per sq. ft.:$510.38
About this home
Custom-Built Luxury Home Perfect for Investment or Owner-Occupancy, Dont 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!
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Home facts
- Year built:2005
- Listing ID #:WS25218416
- Added:13 day(s) ago
- Updated:October 01, 2025 at 07:32 AM
Rooms and interior
- Bedrooms:5
- Total bathrooms:5
- Full bathrooms:4
- Half bathrooms:1
- Living area:3,131 sq. ft.
Heating and cooling
- Cooling:Central Forced Air, Dual
Structure and exterior
- Year built:2005
- Building area:3,131 sq. ft.
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,598,000
- Price per sq. ft.:$510.38
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