Rare opportunity! First time on the market since 1984! 321 New Ave is a 7 unit multifamily building with 2 x (3 Bed + 1.5 Bath units) and 5 x (2 Bed + 1 Bath units) all separately metered for electric and gas. This property sits on a flat 8,492 SF lot and has 9 parking spaces (4 covered + 5 open). Laundry onsite and each unit has their individual storage units. Currently 4 units are occupied and 3 units are vacant. Easy access to 10 FWY and 60 FWY. Money Magazine (Time Money) ranks Monterey Park #3 “Best Places to Live” in the enire United States. Money Magazine used scoring based on the cities’ economy, cost of living, education, housing, crime, amenities and ease of living.