BuySellBlogBrowse Listings

6018 Monterey RoadLos Angeles, CA 90042

For Sale

$635,000

Smart Buyer Rebate $3,375

Do Not Walk on the Property - Drive by Only. We are pleased to present for sale this rare 2-unit Single Story multifamily property (allowing for residential financing) in prime Highland Park. The property is being sold alongside a tri-plex next door that's built in 1955 and 1948, comprised of a VACANT 991 Square Foot, 2 Bed & 1 Bath standalone unit (built in 1955), making it ideal for an owner-user! Two Separate APN's! Located at 6018 Monterey Rd & 6011 Pine Crest Drive, this property sits in one of Los Angeles' most sought-after neighborhoods. It represents a unique opportunity for an owner-user to live in a tri-plex while generating income from the adjacent duplex, or for an investor to reposition as a TIC, develop multiple ADUs, or explore future Small Lot Subdivision on the expansive, combined 15,149 SF lot . The property features an all 2-bedroom, 1-bath unit mix, totaling approximately 4,227 SF, W/D in each unit, and six garage parking spaces on Monterey. The beautifully updated vacant unit includes new vinyl windows, fresh paint, engineered flooring, turf, central air, gorgeous hardwood floors, and an in-unit washer and dryer! Zoned (Q) RD1.5-HCR, it offers significant long-term investment and development potential. The property is strategically located within minutes to Highland Park's Famous Retail Corridors: Figueroa and York and the Gold Line! Residents can dine at local favorites: Mendocino Farms, Jeni's, HomeState, Kitchen Mouse, Highly Likely, Highland Park Bowl, Villa's Taco's, Triple Beam, and Hippo to name a few! It's surrounded by South Pasadena and minutes to DTLA! It boasts a walk score of 77 ("very walkable"), where most errands can be accomplished on foot! Disclosure: Buyers are advised to conduct thorough due diligence, including but not limited to verification of legal building square footage, unit count, lot size, legal bedroom/bathroom count, parking count, unit mix, year built, zoning, market rents, and the feasibility of constructing ADUs, additional units, or development feasibility. Listing Agent and Broker do not make any guarantees or representations as to the accuracy of the information provided.

Listed by Eric Dilanian

·

License #01951699

·

Remax Commercial and Investment Realty

·

213-233-4379

Last updated November 11, 2025

·

Source: CRMLS #25612665

Listing Facts

  • TypeMulti-family
  • NeighborhoodHermon
  • Bedrooms4
  • Days on Prevu19
  • Size1,618 sqft
  • Price per sqft$392

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

10/31/2025
Listed by Remax Commercial and Investment Realty
$635,000

Property Details for 6018 Monterey Road

Exterior

Construction

  • Number Of Units Total: 2
  • Stories: 1
  • Stories Total: 1
  • Year Built: 1948

Measurements

  • Building Area Total: 1,618
  • Lot Size Acres: 0.17
  • Lot Size Area: 7,574
  • Lot Size Source: Other
  • Lot Size Square Feet: 7,574
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 5.01
  • Gross Income: $49,308.00

Taxes

  • Parcel Number: 5312027024

Interior

Measurements

  • Living Area: 1,618
  • Living Area Source: Assessor

Rooms

  • Bathrooms Total Integer: 2
  • Bedrooms Total: 4

Parking

Parking

  • Garage Spaces: 3
  • Garage: Yes
  • Parking Features: Door-Multi, Garage
  • Parking Total: 3

Utilities

Equipment

  • Heating: Wall Furnace
  • Has Heating: Yes

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.