N Mcpherrin Ave

5 Bedroom House has been listed for sale at 218 N Mcpherrin Ave in Monterey Park for $1,598,000. Chat with a local expert, book a tour.

Monterey Park

218 N Mcpherrin Ave

218 N Mcpherrin Ave, For Sale in Monterey Park - eXp Commercial Brokerage

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!

Welcome to this stunning custom-built home, available for the first time on the market! Built in 2005, this beautiful property boasts a grand entry with a two-story high ceiling, inviting you into an expansive layout perfect for comfortable living and entertaining. The large open kitchen, seamlessly connected to the family room, is ideal for gathering with friends and family. The primary suite is conveniently located on the main level. Upstairs, you’ll find two spacious en-suite bedrooms with full baths, as well as a fourth bedroom with an adjacent full bath. There’s also a bonus area on the second floor, offering additional space for a home office, playroom, or relaxation area. Throughout the home, you’ll discover plenty of built-in storage space, making it easy to stay organized and keep everything in its place. Enjoy year-round comfort with a dual-zone HVAC system, allowing for personalized temperature control on each level of the home. Step outside to enjoy the serene surroundings, featuring various fruit trees and not one, but two large second-floor balconies—one at the front and the other at the back of the house—ideal for entertaining guests or enjoying quiet moments. Located in a convenient neighborhood, this home is within walking distance of restaurants, supermarkets, post office, park, movie theater, library and more. This exceptional home offers the perfect blend of luxury, comfort, and convenience. Don’t miss this rare opportunity!

218 N Mcpherrin Ave, Monterey Park, CA

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