Duplex with Courtyard
1314 W 1st Street Monterey Park, CA 91754
For Sale
Contact for pricing
Two well-maintained single-story units surround a landscaped courtyard, with a detached three-car garage accessible by alley.
Property Size1,440 SF
Lot Size0.31 Acres
Price / SF$592.36
Days on Market83
Property Features for 1314 W 1st Street
General Information
- Standard status
- Active
- Size
- 1,440 SF
- Lot size
- 0.31 Acres
- Property subtype
- Multifamily
Listing Agency:
Re/Max Premier Prop SanMarino
Listed By:
Jean Liu · License #01012483
Source:
Crexi
Added: May 3
Changed: Jul 23
Last Checked: Jul 23 at 5:34AM
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 Re/Max Premier Prop SanMarino
Investment Insights
Based on property information with market context.
APN 5251-030-007 includes two well-maintained, single-story units (#1310 and #1314), each offering two bedrooms and one bathroom with washer and dryer hookups. The units are arranged around a landscaped courtyard garden, creating a shared outdoor space for residents.
A detached three-car garage sits on the property with easy alley access. Long-term tenants are currently in place, with a strong payment history.
This offering also includes a rare opportunity to acquire two adjacent parcels sold together in one transaction (APNs 5251-030-008 and 5251-030-007). The combined lot is 13,314 square feet. The property is ideally located near Atlantic Blvd., with quick access to the 5, 60, and 710 freeways, and is just minutes from shopping, dining, and East Los Angeles College.
A detached three-car garage sits on the property with easy alley access. Long-term tenants are currently in place, with a strong payment history.
This offering also includes a rare opportunity to acquire two adjacent parcels sold together in one transaction (APNs 5251-030-008 and 5251-030-007). The combined lot is 13,314 square feet. The property is ideally located near Atlantic Blvd., with quick access to the 5, 60, and 710 freeways, and is just minutes from shopping, dining, and East Los Angeles College.
Key Highlights
- Two adjacent single‑story units (#1310 and #1314), each with 2 bed / 1 bath and approx. 720 SF
- Landscaped courtyard garden setting with the units arranged around the courtyard
- Washer and dryer hookups included for each unit
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $38.9k | $27.00 |
| − Vacancy | −$3.0k | −$2.05 |
| EGI | $35.9k | $24.95 |
| − OpEx | −$10.8k | −$7.48 |
| NOI | $25.1k | $17.46 |
1,440 SF · lease $27.00/SF/yr · vacancy 7.60% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$359.3K
$314.4K – $419.1K
NOI $25,148 @ 7.0% cap · market cap 2.95%
Second Best
Apartment 5plus
$331.0K
$289.6K – $386.2K
NOI $23,171 @ 7.0% cap · market cap 2.72%
Theoretical Best
Office A
$771.0K
$674.6K – $899.5K
NOI $53,968 @ 7.0% cap · market cap 6.33%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Two well-maintained single-story units surround a landscaped courtyard, with a detached three-car garage accessible by alley.
Where is this duplex located?
The property is located at 1314 W 1st Street Monterey Park, CA.
What is the asking price?
The asking price for this property is $853,000.
What are key features of this property?
This property features: Two adjacent single‑story units (#1310 and #1314), each with 2 bed / 1 bath and approx. 720 SF; Landscaped courtyard garden setting with the units arranged around the courtyard; Washer and dryer hookups included for each unit
