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308 314 N Nicholson Avenue, Monterey Park, CA 91755

Property

308 314 N Nicholson Avenue, Monterey Park, CA 91755 Sold February 2023 CRMLS
$6,200,000Sold February 2023

Listing Agent: Tyler Leeson (DRE #01451551) · Listing Office: Marcus & Millichap RE Invest · Contact: 949-419-3200 · Bought with: Tyler Leeson · Marcus & Millichap RE Invest · MLS #OC22212457 · Source: CRMLS

34,848 sqft
Lot Size
1976
Year Built
Property
Type
2
Stories
20
Garage

About this property

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.

Listing description from the February 2023 sale, as reported to CRMLS.

Sale history

$6,200,000
Sold February 2023 · listed $7,795,000, on market September 2022 · MLS #OC22212457 · Source: CRMLS
Listing Agent: Tyler Leeson · Listing Office: Marcus & Millichap RE Invest · Contact: 949-419-3200 · Bought with: Tyler Leeson · Marcus & Millichap RE Invest
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