335 E NewmarkMonterey Park, CA 91755

Multi-Family · 1,462 Sq. ft. | 0.22 Acres
$1,318,000 Active

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.

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

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

44
Median Age
8,633
Population Density (per sq. mile)
34%
College Educated
$59,285
Estimated Median Income
4,082
Estimated Total Home Owners
4,587
Estimated Total Renters
47% / 53%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

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

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

335 E Newmark Market Data

Based on the last 30 days in this zip code

$1,063,497
Average List Price
$601
Average Price per Square Foot
7
Properties Sold
72
Average Days on Market
79
Properties for Sale
Calculations provided by Reliance Network

335 E Newmark History

Date Event Value Agent
4/26/2026Source: CRMLS Added to Database
April 26, 2026
Listing provided courtesy of Real Brokerage Technologies, IncNhuc Tang- MLS# AR26088850MLS ProviderContact Information: 855-450-0442
Cookie Button: