Monterey Park, CA 91755,308 314 N Nicholson AVE
Monterey Park, CA 91755,308 314 N Nicholson AVE
Monterey Park, CA 91755,308 314 N Nicholson AVE
7
Listed by Tyler Leeson • Marcus & Millichap RE Invest
Bought with Tyler Leeson
$6,200,000
$7,795,000
20.5%
Est.Price: ?

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308 314 N Nicholson AVE Monterey Park, CA 91755

Est. payment /mo
SOLD DATE : 02/07/2023

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Key Details

Sold Price $6,200,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CROC22212457

Sold Date 02/07/23

Year Built 1976

Source California Regional MLS

Property Description

Nicholson Villa is a 20-unit multifamily investment property located in Monterey Park, CA. Nicholson Villa offers an attractive unit mix consisting of one, two, and three-bedroom floor plans and amenities including gated access, ample surface and garage parking, walk-in closets, private patios or yards, and on-site laundry. Current ownership has completely renovated 4 units with improvements including new shaker-style cabinets, granite countertops, plumbing fixtures, flooring, and more. Nicholson Villa has an excellent Monterey Park location within walking distance to the abundance of retail, dining, and entertainment options at the intersection of North Garfield Avenue and East Garvey Avenue. The property is located within close proximity of major economic and housing drivers for the region including Garfield Medical Center as well as multiple higher education institutions. Additionally, the property is situated less than 0.5 miles from Interstate 10, providing residents with convenient access to employment and leisure destinations in the city of Los Angeles as well as the San Gabriel Valley.

Location

State CA

County Los Angeles

Area 699 - Not Defined

Interior

Laundry Community Facility

Exterior

Garage Spaces 40.0

Pool None

Building

Lot Description Grade - Level

Water District - Public

Others

Tax ID 5255019022

Special Listing Condition Not Applicable

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Paul Locatelli

Paul Locatelli

Broker Associate | License ID: 1348436

+1(831) 750-9795

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