$2,280,000
521 Pomelo Avenue, Monterey Park CA 91755
Multi-Family (5 Units)
Property type
15 days
On market
$510
Price per sqft
0 cars
Garage
1960
Year built
17,752 sqft
Lot size
Open Houses
Overview
5 unit property comprised of 3 one story buildings with unit mix of one 3 bedroom/1 bath and four 3 bedrooms/two baths, totaling 4,473 SF. Separate meters for gas and electricity, and individual water heaters for each unit. On site laundry facility and uncovered parking. Property sits on a spacious 17,752 lot with MPR3 zoning. Easy access to 10 fwy and 60 fwy.
Listing provided by: CRYSTAL YOUNG DRE #01783560 626-863-2221, Resound Properties
Listing updated: May 21, 2026 at 07:27pm.
Last checked: Jun 5, 2026 at 09:00am
Source: CRMLS #WS26110959
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 3 | 1 | — | $2,230 | $2,230 | $2,800 | Unfurnished |
| 3 | 3 | 2 | — | $2,000 | $2,000 | $3,000 | Unfurnished |
| 1 | 3 | 2 | — | $2,080 | $2,080 | $3,000 | Unfurnished |
# of Buildings: 3
# of Units Total: 5
Separate Electric Meters: 5
Separate Gas Meters: 5
Separate Water Meters: 3
Rent Control: No
Financial Snapshot
Gross Rent Multiplier
18.4x
List Price / Annual Gross Rent
Cap Rate
3.09%
NOI / List Price
Gross Scheduled Income: $123,720
Operating Expense: $53,265
Net Operating Income: $70,455
Annual Operating Expenses
Electric: $135
Gardener: $960
Fuel: $169
Insurance: $4,855
Maintenance: $3,700
New Taxes: $28,500
Pest Control: $640
Professional Management: $5,770
Trash: $2,962
Water / Sewer: $5,095
Other Expense: $480
Interior
Laundry: Common Area
Entry Location: Ground
Exterior
Property Attached: Yes
Stories Total: 1
Levels: One
Common Walls: One Common Wall
Lot Features: Lawn, Landscaped
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Parking: Uncovered
Garage Spaces: 0
Parking Total: 0
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 5259009049
Additional Parcels: No
Tax Lot: 17
Zoning: MPR3*
Tax Block: R
Community
Senior Community: No
Community Features: Street Lights, Sidewalks
Nearby Schools
Nearby schools around the 521 Pomelo Avenue, Monterey Park, CA 91755. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,824,000
Total Interest
$2,326,411
Total Payment
$4,150,411
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$14,054
per month
Property History for 521 Pomelo Avenue
Monterey Park Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 91755.
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