335 E Newmark Overview
- Time on Site:
- 65 days
- Visits:
- 0
Exceptional value-add duplex opportunity on a large, flat lot in a highly desirable Monterey Park location within the sought-after Mark Keppel High School district (buyer to verify)! This versatile property is ideal for investors, developers, or first-time buyers looking to live in one unit while generating income from the other. The rear unit (#335) has been fully renovated and previously operated as a successful short-term rental, performing very well and offering strong income potential. Perfect for immediate rental use, extended family, or in-law living. The front home (#339) has been fully gutted to the studs and comes with approved plans for a spacious 3-bedroom, 3-bathroom layout—providing a rare opportunity for the next owner to design and complete their dream home to their own taste while saving significant time and demolition costs. Situated on an expansive lot, the property offers ample parking for 6+ vehicles and includes a detached 2-car garage with excellent potential for Junior ADU conversion and possible expansion (buyer to verify), creating even more income opportunities. Whether you’re looking to create a multi-generational living setup, offset your mortgage with rental income, or invest in a property with strong upside and flexibility, this is a unique opportunity you won’t want to miss.
335 E Newmark Facts & Features
- Type Multi-Family
- Sq. ft. 1,462
- Price/Sq.ft. $902
- Lot 0.22 Acres
Details
General
Association/HOA
- Common Interest: None
Income/Expenses
- Gross Income: 62700.0
- Gross Scheduled Income: 60000.0
- Insurance Expense: 3000.0
- Net Operating Income: 46200.0
- Operating Expense: 30.0
- Trash Expense: 1200.0
Building Information
- New Construction: No
- Year Built: 1947
Location/Region
- Country: US
- County Or Parish: Los Angeles
- MLS Area Major: 641 - Monterey Park
- Postal City: MONTEREY PARK
Community/Development
- Community Features: Street Lights
Rent/Lease Information
- Land Lease: No
- Tenant Pays: All Utilities
General Information
- Listing Terms: Cash,1031 Exchange
- Parcel Number: 5259011018
- Property Condition: Additions/Alterations,Building Permit
- Property Sub Type: Duplex
- Property Type: Residential Income
- Rent Control: No
- Senior Community: No
- Special Listing Conditions: Standard
Interior
Parking Information
- Garage Spaces: 2.0
- Garage: Yes
Building Interior
- Building Area Total: 1462.0
- Building Area Units: Square Feet
General Information
- Common Walls: No Common Walls
- Entry Level: 1
- Entry Location: 1
- Fireplace Features: None
- Fireplace: No
- Flooring: Tile
- Foundation Details: Concrete Perimeter
- Interior Features: All Bedrooms Up,All Bedrooms Down
- Laundry Features: Electric Dryer Hookup,Gas Dryer Hookup
- Spa Features: None
- Spa: No
- Stories Total: 1
Exterior
Parking Information
- Parking Total: 2.0
Lot Information
- Additional Parcels: No
- Lot Features: 0-1 Unit/Acre
- Lot Size Acres: 0.2174
- Lot Size Area: 9472.0
- Lot Size Source: Assessor
- Lot Size Square Feet: 9472.0
- Lot Size Units: Square Feet
- Number Of Buildings: 1
- Number Of Separate Electric Meters: 2
- Number Of Separate Gas Meters: 2
- Number Of Separate Water Meters: 2
- Elevation Units: Feet
- Water Source: Public
Building Exterior/Construction
- Property Attached: No
- Roof: Shingle
General Information
- Number Of Units Total: 2
- Pool Features: None
- Pool Private: No
- Sewer: Public Sewer
335 E Newmark Neighborhood
Community
91755 (Monterey Park) Demographics
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.335 E Newmark Monthly Cost
335 E Newmark Market Data
Based on the last 30 days in this zip code
335 E Newmark History
| Date | Value | Agent |
|---|---|---|
| 4/26/2026Source: CRMLS | April 26, 2026 |
Contact Information: 855-450-0442