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Upgraded Rear Multifamily Unit
For Lease
$2,450/Mo

303 N New Avenue, Monterey Park, CA 91755

Monterey Park, CA

Space SizeContact for details
Lot Size0.17 Acres
Days on Market70

Property Features for 303 N New Avenue

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 2
Bathrooms 1
Full bathrooms 1
Rooms Bathroom 1, Bedroom 1, Laundry Room, Bedroom 2
Parking features Assigned
Lot features Rectangular Lot
Middle school Garvey
High school Mark Keppel
Elementary school district Alhambra
Middle school district Alhambra
High school district Alhambra
Directions New Ave in between Garvey Ave and Emerson Ave.
Subdivision 641 - Monterey Park
Standard status Active
APN 5258007070
Size 850 SF
Lot size 0.17 Acres

Utilities

Sewer type Public Sewer
Heating system Ductless (Heating)
Cooling system Wall/Window Unit(s), Window Unit(s)
Water source Public

Amenities

gated
backyard
laundry hook-ups
mini-split air conditioning

Building Details

Year built 1968
Floors in Building 1
Number of units 1
Listing Agency: eXp Realty of California Inc
Listed By: Kerry Lam · License #01359844
Added: Jun 15 Changed: Aug 21 Last Checked: Aug 23 at 1:06PM
MLS# AR26130346

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 850-square-foot ground-level unit is positioned at the rear of a secured, gated triplex and includes 2 bedrooms and 1 bathroom. The interior has an open layout, laminate wood flooring, recessed lighting, upgraded electrical service, and mini-split air conditioning. Improvements include a modernized kitchen with a new stove and refrigerator, along with a remodeled bathroom. Laundry connections for a washer and dryer are located inside the unit.

The residence includes backyard space and one assigned parking space on the property. Public water and public sewer serve the property, which was built in 1968. The location provides access to public transportation, parks, and markets, with school assignments to Mark Keppel High School, Monterey Vista Elementary, and Garvey Intermediate School.

Key Highlights

  • 850 square feet with 2 bedrooms and 1 bathroom
  • Rear ground‑level unit within a secured, gated triplex
  • Remodeled kitchen with new stove and refrigerator

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Gym & Fitness Center Electrical Service (Bike/Boat/Book/etc) Store

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

Lease Details

1
Residential units
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

804
Businesses Nearby

Demographics for 91755, CA

27,637
Population
9,316
Households
3
Avg Household Size
44
Median Age
32%
College-Educated
77%
High-School Grad
3.2 sq mi
ZIP Area
8,637
Density / Sq Mi
$74,362
Median Household Income
$37,778
Median Earnings
$1,811
Median Rent
$761,900
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Multifamily property - Ground-level residence in a gated triplex with private outdoor space, assigned parking, and interior laundry connections.
Where is this multifamily property located?
The property is located at 303 N New Avenue Monterey Park, CA.
What is the lease rate?
The lease rate is $2,450/Mo.
What are key features of this property?
This property features: 850 square feet with 2 bedrooms and 1 bathroom; Rear ground‑level unit within a secured, gated triplex; Remodeled kitchen with new stove and refrigerator
More about this property
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