$1,349,000
$1,248,000
8.1%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
3 Baths
8,402 Sqft Lot
SOLD DATE : 06/08/2022
Key Details
Sold Price $1,349,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID AR22089789
Sold Date 06/08/22
Bedrooms 5
HOA Y/N No
Lot Size 8,402 Sqft
Property Description
Incredible 3-unit property perfect for investors who are looking for outstanding rental income! Corner lot with alley access for your convenience and possible future development of ADU. The single level unit is 2230 Gerhart Ave., which has 1 bedroom, 1 bathroom, a bright living room, a dining area and laundry closet. The downstairs unit is 669 Riggin St. which features 2 bedrooms and 1 bathroom. It also has a large and bright living room, dining room and individual laundry room. The Upstairs unit is 2232 Gerhart Ave. which has 2 bedrooms and 1 bathroom. All units have been well-maintained and share a spacious backyard that is accessed through the private entry in the rear. Each unit has 1 assigned parking space and storage area in its own 1 car garage. Great backyard and covered patio area for your gatherings and parties. This propertys location is ideally located near ELAC and other schools, supermarkets, shopping plazas, parks, gyms, restaurants, and Ralph store is right across street, while providing easy access to the I-60 and 710 freeways for an easy commute.
Incredible 3-unit property perfect for investors who are looking for outstanding rental income! Corner lot with alley access for your convenience and possible future development of ADU. The single level unit is 2230 Gerhart Ave., which has 1 bedroom, 1 bathroom, a bright living room, a dining area and laundry closet. The downstairs unit is 669 Riggin St. which features 2 bedrooms and 1 bathroom. It also has a large and bright living room, dining room and individual laundry room. The Upstairs unit is 2232 Gerhart Ave. which has 2 bedrooms and 1 bathroom. All units have been well-maintained and share a spacious backyard that is accessed through the private entry in the rear. Each unit has 1 assigned parking space and storage area in its own 1 car garage. Great backyard and covered patio area for your gatherings and parties. This propertys location is ideally located near ELAC and other schools, supermarkets, shopping plazas, parks, gyms, restaurants, and Ralph store is right across street, while providing easy access to the I-60 and 710 freeways for an easy commute.
Location
State CA
County Los Angeles
Area Monterey Park (91754)
Zoning Assessor
Interior
Appliance Forced Air Unit
Building
Lot Description Curbs
Lot Size Range 7500-10889 SF
Others
Acceptable Financing Exchange
Space Rent $1,485
Listing Terms Exchange
Financing Conventional
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Bought with VIVIAN CHEN • GOLD COAST CAPITAL INVESTMENT