$846,888
$799,999
5.9%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
2 Baths
6,501 Sqft Lot
SOLD DATE : 12/16/2024
Key Details
Sold Price $846,888
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CV24236754
Sold Date 12/16/24
Bedrooms 5
HOA Y/N No
Lot Size 6,501 Sqft
Property Description
This is a RARE OPPORTUNITY and definitely a SMART INVESTMENT for your future DREAM HOME! This DUPLEX is located in the prime location and in the heart of Monterey Park! Lowest Price on the market {$345/SF} with the Excellent Mark Keppel High School! Walking distances to Shopping, Dinning, Banks, Bus Stations, Clinics and easy access to all the major Freeways! The Roof was changed in 2016 and 2018! Live in one unit and rent out the other or rent out both for an income stream in such a sought-after area with strong rental demand! Or live in both unitsideal for Multi-Generational Living as well! Both units are occupied on a Month-to-Month Lease Agreement. Unit #A downstairs features 2 Bedrooms, 1 Bathroom, Living Room, a spacious Kitchen and is about 884 SF Living Space. Unit #B upstairs offers 3 Bedrooms, 1 Bathroom, Living Room, Storage Rooms, a Kitchen and approx. 1,433 SF Living Size. There is a Huge Open Patio next to Unit B which offers great potential for expansion! One Water Meter, two Gas Meters and two separate Electrical Panels on the property. Two Separate Stairs access to the upstairs. The Backyard has extra spaces for entertainment. Private Driveway can accommodate RV Parking. This DUPLEX is the PERFECT BLEND of Comfort, Convenience, and Investment Potential. Explore the possibilities and envision transforming this hidden gem into your dream investment!!! Please do not walk around the property without a scheduled appointment. Drive By First! The property is sold AS IS and WHERE IS Condition.
This is a RARE OPPORTUNITY and definitely a SMART INVESTMENT for your future DREAM HOME! This DUPLEX is located in the prime location and in the heart of Monterey Park! Lowest Price on the market {$345/SF} with the Excellent Mark Keppel High School! Walking distances to Shopping, Dinning, Banks, Bus Stations, Clinics and easy access to all the major Freeways! The Roof was changed in 2016 and 2018! Live in one unit and rent out the other or rent out both for an income stream in such a sought-after area with strong rental demand! Or live in both unitsideal for Multi-Generational Living as well! Both units are occupied on a Month-to-Month Lease Agreement. Unit #A downstairs features 2 Bedrooms, 1 Bathroom, Living Room, a spacious Kitchen and is about 884 SF Living Space. Unit #B upstairs offers 3 Bedrooms, 1 Bathroom, Living Room, Storage Rooms, a Kitchen and approx. 1,433 SF Living Size. There is a Huge Open Patio next to Unit B which offers great potential for expansion! One Water Meter, two Gas Meters and two separate Electrical Panels on the property. Two Separate Stairs access to the upstairs. The Backyard has extra spaces for entertainment. Private Driveway can accommodate RV Parking. This DUPLEX is the PERFECT BLEND of Comfort, Convenience, and Investment Potential. Explore the possibilities and envision transforming this hidden gem into your dream investment!!! Please do not walk around the property without a scheduled appointment. Drive By First! The property is sold AS IS and WHERE IS Condition.
Location
State CA
County Los Angeles
Area Monterey Park (91754)
Zoning Assessor
Interior
Heating Natural Gas
Cooling Wall/Window
Building
Story 2
Lot Size Range 4000-7499 SF
Sewer Sewer Connected
Level or Stories 2 Story
Others
Acceptable Financing Cash
Space Rent $1,350
Listing Terms Cash
Financing Cash
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