Turnkey 4-Unit Income
216 E Graves Monterey Park, CA 91755
For Sale
$1,880,000
Well-maintained fourplex with updated units, positioned for stabilized rental operations from day one.
Days on Market78
Property Features for 216 E Graves
General Information
- Standard status
- Active
- Property subtype
- Investment
Building Details
- Year Built
- 1954
Listing Agency:
(626) 375-0340
Listed By:
YIN ZHEN LI · License #01992880
(626) 375-0340
Source:
Elliman
Added: May 10
Changed: Jul 23
Last Checked: Jul 24 at 3:05PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of YIN ZHEN LI
Investment Insights
Based on property information with market context.
This well-maintained 4-unit income property presents a turnkey configuration with updated units throughout. The asset is described as offering immediate, stabilized rental operations with reduced renovation risk and ongoing capital expenditure needs.
The property is positioned in Monterey Park and is described as centrally located, with convenient freeway access intended to support consistent rental demand. Walk and bike scores indicate a car-dependent setting.
Each unit has been thoughtfully updated, supporting strong tenant appeal and practical operational efficiency from day one, as described in the offering materials.
The property is positioned in Monterey Park and is described as centrally located, with convenient freeway access intended to support consistent rental demand. Walk and bike scores indicate a car-dependent setting.
Each unit has been thoughtfully updated, supporting strong tenant appeal and practical operational efficiency from day one, as described in the offering materials.
Key Highlights
- Well‑maintained 4‑unit income property built in 1954
- Updated units designed for stabilized rental operations from day one
- Stated 5.35% cap rate
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
FAQs
What type of property is this?
Quadplex - Well-maintained fourplex with updated units, positioned for stabilized rental operations from day one.
Where is this quadplex located?
The property is located at 216 E Graves Monterey Park, CA.
What is the asking price?
The asking price for this property is $1,880,000.
What are key features of this property?
This property features: Well‑maintained 4‑unit income property built in 1954; Updated units designed for stabilized rental operations from day one; Stated 5.35% cap rate
