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Townhome-Style Apartment Building
For Sale
Contact for pricing
Pending

423 N Chandler Ave, Monterey Park, CA 91754

Seven single-story apartment units offer private outdoor and parking amenities, with individual metering and recent property upgrades.

Property SizeContact for details
Days on Market142

Property Features for 423 N Chandler Ave

General Information

Standard status Pending
Property subtype Multifamily
Listing Agency: Pacific Coast Real Estate Company
Listed By: Danny Hy · License #CA
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Aug 29 at 3:52AM

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 Pacific Coast Real Estate Company

Investment Insights

Based on property information with market context.

This townhome-style apartment building contains seven single-story units, including one 2 bed/2 bath unit with a private driveway plus a fenced back patio and front lawn. The six remaining units are 1 bed/1 bath homes, each described as having its own two parking spaces, washer/dryer hookups, and mini split A/C with cooling and heating.

Recent improvements include upgrades to copper plumbing, a new sewer system, and brand-new pavers throughout the property. Four of the units have been completely remodeled, and each unit is individually metered. Parking includes a brand-new 3-car parking garage that can accommodate up to eight cars.

The property is located in Downtown Monterey Park, with walkable access to retail amenities and Atlantic Times Square, and it is also noted to be near the 10 freeway and Downtown Los Angeles.

Key Highlights

  • 7 single‑story apartment units on an 18,920 SF lot, each with individual utility metering
  • Unit mix includes one 2BR/2BA unit with a private driveway, fenced back patio, and front lawn plus 6 one 1BR/1BA units
  • Six 1BR/1BA units each include its own 2 parking spaces, washer/dryer hook‑ups, and mini split A/C (cooling & heating)

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Gym & Fitness Center Barber Shop Storage Facility Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,972
Businesses Nearby

Demographics for 91754, CA

33,300
Population
12,754
Households
2.6
Avg Household Size
44
Median Age
38%
College-Educated
82%
High-School Grad
4.5 sq mi
ZIP Area
7,400
Density / Sq Mi
$81,890
Median Household Income
$46,992
Median Earnings
$1,884
Median Rent
$845,000
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Seven single-story apartment units offer private outdoor and parking amenities, with individual metering and recent property upgrades.
Where is this apartment building located?
The property is located at 423 N Chandler Ave Monterey Park, CA.
What are key features of this property?
This property features: 7 single‑story apartment units on an 18,920 SF lot, each with individual utility metering; Unit mix includes one 2BR/2BA unit with a private driveway, fenced back patio, and front lawn plus 6 one 1BR/1BA units; Six 1BR/1BA units each include its own 2 parking spaces, washer/dryer hook‑ups, and mini split A/C (cooling & heating)
More about this property
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